this post was submitted on 25 Jul 2024
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Monero
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Am I reading this wrong, or did they just spend 30 grand to cause a temporary denial of service and call it a 0-day?
Partially. For the Monero blockchain itself this is basically it but the spam also enabled them to withdraw funds ($300k) from darknet markets multiple times in a row, since their withdrawal systems didn't account for transactions being this delayed.
Which is undoubtedly an exploit, but it seems to be one in the exchange rather than one in Monero. Still a massive bug though, and I hate to say this but I kind of agree that any exchange that lets you do that shouldn't be in business
Well, many of the exploited ones are already gone.