this post was submitted on 02 Nov 2023

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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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Monero, XMR, crypto, cryptocurrency

founded 1 year ago

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49

Almost entire balance (2675 XMR) of Community Crowdfunding System (CCS) Monero wallet has been stolen (github.com)

submitted 1 year ago by Rucknium@monero.town to c/monero@monero.town

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Timeline of events

In the last Monero General Fund transparency report in March 2023, the General Fund held 8452 XMR. As far as we know, this separate wallet is safe and unaffected. It would be possible to pay people with active CCS proposal from the General Fund, but nothing has been decided.

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[–] z0rg0n@monero.town 3 points 1 year ago (1 children)

What problems are there with Monero's multisig implementation?

[–] tusker@monero.town 3 points 1 year ago* (last edited 1 year ago)

Well, they were not using multisig on a team controlled wallet with 2.6k XMR, that tells you all you need to know about the multisig implementation.