The Monero community wallet was hit by a major exploit, resulting in the loss of its entire balance of 2,675.73 Monero (XMR), worth almost $460,000. The cause and source of the exploit are currently unidentified.
The attacker reset the balance of the community wallet in nine separate transactions.
Late Disclosure By Monero
According to reports, the hack in question took place on the 1st of September. However, it was disclosed on GitHub after two months, on the 2nd of November, 2023, by Monero developer Luigi, who stated that the community wallet had been completely emptied. The developer also stated that the source of the breach was yet to be identified.
“The CCS Wallet was drained of 2,675.73 XMR (the entire balance) on the 1st of September, 2023, just before midnight. The hot wallet, used for payments to contributors, is untouched; its balance is ~244 XMR. We have thus far not been able to ascertain the source of the breach.”
However, cybersecurity firm SlowMist stated th
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