Monero mining malware linked to Turkish telecom company

Turkish Internet provider implicated in recent Monero mining virus epidemic in Middle East, says Citizen Lab in its report
12 March 2018   2075

Recently there was a flood of Windows applications infected with Monero miner in Turkey and Syria. University of Toronto's Citizen Lab took an interest in this case and made a report. The results are surprising, to say the least.

The culprit was connected to to Türk Telekom – a formerly governmental Turkish telecommunications provider. According to the report, the ties to miner virus are connected to an unknown party with the access to provider's middleboxes, associated with government surveillance in Turkey and Syria. All this raises questions whether or not the virus itself is a product of some governmental effort at mining.

The infection scheme, called “AdHose”, is explained further in the report. The users are unknowingly redirected to infected copies of legitimate software while trying to download Windows applications such as Avast Antivirus, Ccleaner, 7-Zip or Opera, for example.

The spokesperson for the Türk Telekom reacted to the accusations and published a stetement, calling Citizen Lab allegations technically inaccurate and intentionally misleading. He also said that the company is currently investigating the issue, because they are “deeply commited to ethical technology development”.

The idea itself of government-controlled cryptocurrency mining malware is a little far-fetched in the expert's opinion, but the similar cases have already been reported by Open Observatory of Network Interference in 2016. At that time the Egyptian internet provider has been implicated in similar MITM-type attacks with malware and advertising present, minus the mining element.

BitBay ot Delist Monero

Exchange has to comply with “market standards” and the fight against money laundering
26 November 2019   190

BitBay cryptocurrency exchange announced the termination of support for the Monero cryptocurrency. The platform explained the decision by the need to comply with “market standards” and the fight against money laundering.

Acceptance of deposits at the XMR exchange will stop on November 29, trading will be stopped on February 19, 2020. In addition, due to the Monero network hard fork planned for November 30, the withdrawal of XMR will not be possible from November 29 to December 5.

Users are asked to finally withdraw funds by May 20 of next year.

Monero (XMR) can selectively utilize anonymity features among projects. This feature of XMR is a subject to end of transaction support. The decision was made to block the possibility of money laundering and inflow from external networks. Monero (and other cryptocurrencies with this specification) has been already delisted on other fiat-crypto exchanges for the same reason. As a licenced exchange, BitBay has to follow the market standards.
 

BitBay

 As you can see, BitBay named Monero's anonymity as the reason for delisting.