Coinhive hacked

Hackers were able to mine Monero for six hours, using the Coinhive power
26 October 2017   649

On the night of October 24, unknown hackers hacked the Coinhive Miner's DNS server and redirected the production of crypto-currency to their own server. As reported by the Coinhive official blog, the hackers took advantage of the old password from Cloudflare, which was stolen from Kickstarter back in 2014.

Within six hours hackers mined the Monero cryptocurrency through thousands of computers of its victims around the world. The amount of damage to Coinhive users is not reported.

At the same time, the company reported that hackers did not have access to servers with databases and could not steal personal data.

We have learned hard lessons about security and used 2FA and unique passwords with all services since, but we neglected to update our years old Cloudflare account.
We're deeply sorry about this severe oversight.

Coinhive Team

Now the company is looking for opportunities to recover damages to its customers. In particular, it is planned to provide users with an additional 12 hours of using the service. 

Monero V Hard Fork Postponed

The snapshot date is postponed to April 30, block 1564965 so as to facilitate the third-party services requests
20 March 2018   146

MoneroV is a private cryptocurrency fork of the Monero blockchain. Previously we have reported about the Monero V hard fork after which all Monero holders as of block 1529810 should have become the owners of MoneroV on March 14, 2018. 

However, the team of the project has reported that due to the growing demand and increasing expectations from users, trading platforms, and large mining pools, it has decided to postpone the snapshot date to April 30, block 1564965 to facilitate third-party services requests.

Monero V hard forkMonero V Hard Fork Date Postponed

New features:

  • Replay protection, transactions on the Monero blockchain will not be able to be replayed on the MoneroV blockchain.
  • MoneroV codebase is currently fully functional and tested on macOS Sierra, Windows, 64-bit and on Linux, 64-bit. 
  • Some new procedures will be tested, including testing the time gap between the snapshot date and mainnet release, and raising the minimum ring signature, that will help mitigate an issue that was raised that the hard-fork split might reduce the effective privacy set of ring signatures – one of three private properties of the Monero & MoneroV blockchains.

Moreover, MoneroV’s source code, MoneroV GUI wallet, the MoneroV daemon will be published on Github publicly for the community to audit before released in downloadable form.