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Hackers Loot Around $2M Monero Using Crackonosh Malware

Published 06/30/2021, 10:00 AM
Updated 06/30/2021, 10:00 AM
Hackers Loot Around $2M Monero Using Crackonosh Malware

  • Cybercriminals are targeting gamers with Crackonosh “mining malware”
  • $2M worth of Monero lost resulting from Crackonosh mining malware

Crackonosh malware aided the theft of the cryptocurrency Monero (XRM). In detail, the thieves stole $2 million worth of Monero. There were illegal Monero-mining malware accounts for more than 4% of the XMR in circulation. More so, it has created $57 million in profits for cybercriminals.

As per Avast:

The main target of Crackonosh was the installation of the coinminer XMRig, from all the wallets we found, there was one where we were able to find statistics. The pool sites showed payments of 9000 XMR in total, that is with today prices over $2,000,000 USD.

An estimated 220, 000 users worldwide faced the consequences from this Crackonoch mining malware. Furthermore, Brazil, India, the US, and the Philippines are acting as Crackonosh hotspots. Authorities say around 800 devices are infected on a daily basis. These figures only account f...

This article was first published on coinquora.com

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