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This is a Monero puffpiece masquerading as a vilification of Shapeshift. Erik Voorhees' "cavalier" approach to the man's collection efforts are honest in that

This is a Monero puffpiece masquerading as a vilification of Shapeshift. Erik Voorhees' "cavalier" approach to the man's collection efforts are honest in that even the best Anti-Money Laundering/Know Your Customer implementation would not reveal the origin and destination of the funds when using Monero. The quaint mention of Monero in this article is foreshadowing of more amazing informative pieces about this form of money. In this piece, they intentionally conflate what Shapeshift does with how other exchanges operate. They intentionally conflate Monero with all cryptocurrencies. It is an interesting way of writing But I think this will be followed up with more productive articles The Wanna-cry ransomware did not collect millions of dollars. It barely collected $100,000 before the patch rolled out. The very public nature of the Wanna-cry attack and patch revealed that the same NSA tool was being used on a Monero mining botnet for weeks before hand already. and THAT was making millions of dollars, but the ransomware people ruined it! Alright I'm going to call it, this is shoddy journalism. Glad to see the Monero mention

samstave 8y ago
Where can I learn more about the monero nsa mining botnet?
- blotter_paper 8y ago
  I'm not sure whether or not you misread GP, but just to clarify in case, GP means that the malware used code that was leaked from the NSA, not that the NSA was directly involved in making the botnet. This popped up in google: https://threatpost.com/pyromine-uses-nsa-exploit-for-monero-mining-and-backdoors/131472/ https://threatpost.com/pyromine-uses-nsa-exploit-for-monero-...
- gammateam 8y ago
  Basically Shadowbrokers claimed to hack the NSA with a datadump of the NSA's hacking tools. They offered a bounty for it and nobody took it Eventually they released a sample which contained real exploits with unheard of vulnerabilities A few weeks later the Wanna-Cry ransomware had weaponized those vulnerabilities and spread world wide really quickly, attracting way too much attention and a fix rolled out The attention revealed that the exploit had been weaponized almost immediately a few weeks earlier for a very smart and stealthy Monero mining botnet, which made way more than Wannacry did People still use the leaked NSA exploits to hack computers and run Monero botnets. https://cointelegraph.com/news/newly-detected-malware-uses-nsa-exploit-to-mine-monero-over-500k-pcs-infected https://cointelegraph.com/news/newly-detected-malware-uses-n... yes, we've all heard misinformation about bitcoin being untrackable, but Monero is the real deal for now, with the pros and cons and possible attack vectors researched and published about

samstave 8y ago

Where can I learn more about the monero nsa mining botnet?

blotter_paper 8y ago
I'm not sure whether or not you misread GP, but just to clarify in case, GP means that the malware used code that was leaked from the NSA, not that the NSA was directly involved in making the botnet. This popped up in google: https://threatpost.com/pyromine-uses-nsa-exploit-for-monero-mining-and-backdoors/131472/ https://threatpost.com/pyromine-uses-nsa-exploit-for-monero-...
gammateam 8y ago
Basically Shadowbrokers claimed to hack the NSA with a datadump of the NSA's hacking tools. They offered a bounty for it and nobody took it Eventually they released a sample which contained real exploits with unheard of vulnerabilities A few weeks later the Wanna-Cry ransomware had weaponized those vulnerabilities and spread world wide really quickly, attracting way too much attention and a fix rolled out The attention revealed that the exploit had been weaponized almost immediately a few weeks earlier for a very smart and stealthy Monero mining botnet, which made way more than Wannacry did People still use the leaked NSA exploits to hack computers and run Monero botnets. https://cointelegraph.com/news/newly-detected-malware-uses-nsa-exploit-to-mine-monero-over-500k-pcs-infected https://cointelegraph.com/news/newly-detected-malware-uses-n... yes, we've all heard misinformation about bitcoin being untrackable, but Monero is the real deal for now, with the pros and cons and possible attack vectors researched and published about