password protect electrum wallet, electrum pro

2021-11-25

Dash releases Dash Electrum 3.3.8.4 version

The main reason for the Trezor vulnerability is that it does not have built-in multi-signature functionality, so its multi-signature implementation is to support Electrum extension. This led to an attack on electrum, and Trezor was affected.

Electrum wallets have been hacked in recent days and nearly 250 bitcoins have been stolen, according to blockchain security team Devi Security Labs. This attack, confirmed by Electrum, involves creating a fake version of the wallet to trick users into providing password information. Electrum responded on Twitter that "this is an ongoing phishing attack on Electrum users and advised users to download wallet apps from the official website." Mars Finance reminds users not to install electrum wallets from unknown sources.

Wallet, Coldlar, Electrum, Huobi.

Electrum LTC wallet.

Electrum LTC wallet.

Another upgrade under study is the release of a new version of the Electrum-LTC desktop wallet. Electrum-LTC is an SPV wallet that can be used in Windows, Linux, and OS X operating systems.

Malicious wallet software: A wallet software that sends a private key to a central server to steal the victim's coins. "Electrum Pro" is a notorious example, however.

As mentioned earlier, because electrum light wallets are different from Bitcoin light wallets such as MultiBit or Breadwallet, they cannot communicate directly with bitcoin full nodes and can only communicate with electrum.

enter your wallet's password. Passwords can protect your wallet from unauthorized use.

Attackers reportedly created their own Electrum servers, which hosted the attacked version of Electrum in order to implement the attack. When the user will be vulnerable.

Electrum is a popular software wallet that works by connecting to a dedicated server. These servers receive a hash of the Bitcoin address in the wallet and reply with transaction information. Electrum wallets are fast and have few resources, but by default, it connects to these servers and can easily monitor users. In addition to Electrum, some other software uses public Electrum servers. By 2019, it is a faster and better alternative to BIP37.

Bitcoin wallet Electrum suffered a phishing attack, at least 1,450 BTC stolen

He later updated his post, adding: "If you don't have a wallet password, the theft is trivial." If your wallet password is set well, it seems that an attacker can only get address/transaction information from your wallet and change your Electrum settings, which, in my opinion, have a good chance of being further exploited by hackers. So, if you set your wallet password, you can reduce your panic to a certain extent, but you should still take it seriously. "

Dynamic . . . Slow fog: Electrum "updates phishing" currency theft attack supplement alert.

Electrum (Ready)

Electrum (Ready)

If someone's Electrum wallet is connected to one of these servers and tries to send a BTC transaction, they will see an official message telling them to update their Electrum wallet, as well as a scam URL.

According to slow fog zone news, Electrum fake upgrade tips of the phishing attack has stolen at least 200 BTC, this attack by upgrading Electrum alone can not be avoided, the need for the entire ecological service to make corresponding changes (because Electrum this client is not a full node, and then on the transaction broadcast and the corresponding service side of the message communication, attackers can also deploy malicious server). Slow fog zones remind users that phishing attacks like Electrum require long-term vigilance. The slow fog zone has previously issued an alert for selectrum phishing updates, and hackers who attacked Electrum wallets used Electrum's software to unusually construct malicious software update prompts to induce users to update and download malware usage.