• Hackers used a thousand of corporate servers to mine XMR.
  • XMR/USD recovers from the recent low and ignores the hack news.

The hacker group Blue Mockingbird installed a hidden miner for the cryptocurrency Monero on at least a thousand corporate servers to install. The hacker group has been active since December 2019. 

According to cybersecurity experts from Red Canary, hackers exploited the vulnerability CVE-2019-18935 of Telerik framework on public-facing servers running ASP.NET apps.

They also used Juicy Potato technique to gain full access to the web-server and install an XMRRig, a popular mining app for the Monero (XMR).

Moreover, if the server allowed access to other computers, they infected them as well.

Red Canary experts registered about a thousand attacks on the servers, but the total number of hacked machines may by much bigger.

Like any security company, we have limited visibility into the threat landscape and no way of accurately knowing the full scope of this threat. This threat, in particular, has affected a very small percentage of the organizations whose endpoints we monitor. However, we observed roughly 1,000 infections within those organizations, and over a short amount of time, the experts said in the interview to ZDNet.

The vulnerability CVE-2019-18935 is considered extremely dangerous because it has been successfully exploited by attackers several times. In most cases, the only way to prevent an attack is to block the exploitation of vulnerability at the firewall level.

XMR/USD stays calm

XMR/USD bottomed at $60.04 on Monday and recovered to $62.18 by press time. The privacy-focused coin sits on the 16th place in the global cryptocurrency rating with the capitalization of $1 billion. XMR/USD has gained 1.5% in the recent 24 hours and stayed mostly unchanged since the start of the day.

The initial resistance is created by 1-hour SMA50 at $62.50; however, a stronger barrier comes at $64.00 with 1-hour SMA200 located on approach. The pivotal support coincides with the psychological $60.00.

XMR/USD 1-hour chart


Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended content


Recommended Content

Editors’ Picks

Is Altcoin Season here as Bitcoin reaches a new all-time high?

Is Altcoin Season here as Bitcoin reaches a new all-time high?

Bitcoin reaches a new all-time high of $98,384 on Thursday, with altcoins following the suit. Reports highlight that the recent surge in altcoins was fueled by the victory of crypto-friendly candidate Donal Trump in the US presidential election.

More Altcoin News
Shanghai court confirms legal recognition of crypto ownership

Shanghai court confirms legal recognition of crypto ownership

A Shanghai court has confirmed that owning digital assets, including Bitcoin, is legal under Chinese law. Judge Sun Jie of the Shanghai Songjiang People’s Court shared this opinion through the WeChat account of the Shanghai High People’s Court.

More Cryptocurrencies News
BTC hits an all-time high above $97,850, inches away from the $100K mark

BTC hits an all-time high above $97,850, inches away from the $100K mark

Bitcoin hit a new all-time high of $97,852 on Thursday, and the technical outlook suggests a possible continuation of the rally to $100,000. BTC futures have surged past the $100,000 price mark on Deribit, and Lookonchain data shows whales are accumulating.

More Bitcoin News
Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange

Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange

Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.

More Shiba Inu News
Bitcoin: New high of $100K or correction to $78K?

Bitcoin: New high of $100K or correction to $78K?

Bitcoin surged to a new all-time high of $93,265 in the first half of the week, followed by a slight decline in the latter half. Reports highlight that Bitcoin’s current level is still not overvalued and could target levels above $100,000 in the coming weeks.

Read full analysis
Best Forex Brokers with Low Spreads

Best Forex Brokers with Low Spreads

VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.

Read More

BTC

ETH

XRP