Monero Confirms Bug in Decoy Algorithm Compromising Transaction Privacy

A “significant” bug has been spotted in the privacy-centric cryptocurrency monero (XMR). Monero developers have discovered a bug in the coin’s privacy algorithms that could potentially expose users’ actual transactions. XMR is open-source and privacy-oriented with worthless coins, dubbed “mixins” with the actual coins during a transaction. Unfortunately, the privacy advantage is now at risk. According to a Twitter post, the bug occurs when a user spends their funds received in a transaction before roughly 20 minutes elapse. Mitigating the…