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The cryptocurrency-miner, a multi-component threat comprised of different Perl and Bash scripts, miner binaries, the application hider Xhide, and a scanner tool, propagates by scanning vulnerable machines and brute-forcing (primarily default) credentials.

Bitcoin hack, miners attempt to locate Bitcoin through solving complex mathematical problems. Blockchain could be the technology that the cryptocurrency is performed on. It is often a ledger that’s publicly distributed and records every Bitcoin transaction.

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Mozaic Finance was exploited on the Arbitrum chain, which resulted in the loss of assets worth approximately $2.1 million. The root cause of the exploit is the compromise of the private keys on the vault’s master address. The attacker transferred all of the stolen assets to the MEXC exchange, which were ultimately frozen for rescue. According to the team, the attacker was a Mozaic developer who had illegally obtained the private keys of a security module by compromising the data of a core team member. The developer was aware of the team’s security upgrades and took advantage of the limited window that remained. The price of the underlying MOZ token dropped by over 80% following the exploit.