Cryptocurrency is so far on the cutting edge that it almost defines it, yet some are finding out the hard way that it’s even sharper than anticipated. The frightening reveal ofnine security bugs through HackerOne internet security platform that had affected Monero (XMR) in recent months — ranging from the insignificant and solved to the malicious and live — was a big wake-up call for blockchain enthusiasts. Five of these vulnerabilities constituted a dire DDoS risk (one of that was labeled critica)l, but eight of the bugs are now fixed, including the most severe one discovered.
On June 3, a blockchain developer on HackerOne announced the discovery of a severe exploit in Monero that had granted hackers the ability to "create" fake XMR and send them to exchanges. The report stated: