Cryptocurrency exchange Binance claims that a dusting attack against fourth-biggest altcoin, Litecoin (LTC).
A large scale attack against privacy
The official Twitter exchange of cryptocurrency exchange Binance claimed that a major attack against users of altcoin Litecoin took place yesterday. The firm made this claim in a tweet on August 9:
The tweet also links to a transaction — which according to Binance is part of the attack — sending a fraction (0.00000546 LTC) of a coin to 50 addresses. Furthermore, the exchange also links to an explanation of a dusting attack, which defines it in the following way:
A data acquisition strategy
The way this kind of attack works is that the attacker can then track down the transactional activity of these wallets. By analyzing this data, the attacker tries to determine the identity of who controls those wallets.