Researchers to Find Malicious Monero Miner in Google Play

The miner wasn't hidden - it had to sent XMR to user's wallet, but sent it to scammer's wallet instead
13 March 2018   122

In the Google Play app store, an application for the Monero mining with a "defect" was found. Monero Miner successfully coped with the stated task and really mined the crypto currency, using for this purpose the computing power of the Android devices, but their owners did not become richer from it. This is reported ESET antivirus company.

The thing is that mined XMR coins were send to the scammers addresses, not user's. 

The general mining fever helps scammers. Some of them hide the function of mining in their mobile applications for hidden mining using the users' devices. Others, on the contrary, specifically develop applications to deceive novice miners. 

Sergey Kuznetsov

Head of the technical support department,  ESET Russia products and services

To date, the application has been removed from Google Play. Before that, up to 50,000 users could install it. 

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   199

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.