Criminals Are Raking in Monero with Mining MalwareCriminals Are Raking in Monero with Mining Malware
By Crypto Digest - January 10, 2019

One of Monero's key selling points is that it allows users complete anonymity for its users. While the principle is sounds good in principle to use a hard to trace digital currency, the reality is grimier. A recent research paper produce jointly by Universidad Carlos III de Madrid and King's College London, respectively, finds that Monero is the most popular cryptocurrency amongst hackers. Of the $16.6 billion Monero currently in circulation, their paper estimates that 4.32% of that, or approximately $33 million at current prices has gone to criminals.