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Why use Electrum? Here are a dozen of the benefits of electrum wallets.

From August to September, the Bitcoin wallet Electrum was phished twice by hackers. According to statistics from various parties, the phishing attacks forged Electrum upgrade notifications have stolen at least 1,450 BTC worth $11.6 million.

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Electrum Wallet is one of the most popular Bitcoin wallets and has been around for several years. However, Electrum wallet users often rely on Electrum servers, which presents some security and privacy trade-offs. If you use electrum personal servers, Electrum wallet users can connect locally to their own private servers, enjoying the convenience of Electrum without any trade-offs.

In a forum post on Bitcointalk, website administrator Theymos explained: "If at any time in the past you've logged in to Electrum without a wallet password and opened a web page, your wallet might have been stolen." Particularly paranoid people may want to send all bitcoins (BTCs) from their old Electrum wallets to the newly generated Electrum wallet. "

Researchers at the popular Bitcoin wallet app Electrum have uncovered a malicious shanzhai act aimed at stealing seed keys. The suspicious shanzhai wallet, called Electrum Pro, appeared online in March and has been labeled malware since.

Bitcoin Wallet Electrum confirms a phishing attack against its users, reminding them not to download Electrum Wallet software from any channel other than the official website. Earlier media reports said Electrum users had maliciously stolen millions of dollars worth of cryptocurrencies. Hackers create Electrum wallet software with malicious code, induce users to download, and trick users into providing login information such as passwords to commit theft.

Star Daily News Bitcoin Wallet Electrum official Twitter announced that the next version of Electrum will support Lightning online payments. Its lightning node implementation has been consolidated into the main branch of Electrum. Electrum also confirmed that the wallet will adopt a new implementation of in-house development written using Python. (Cointelegraph)

This isn't the first time Thatectrum has appeared in a fake version, with hackers developing a fake encrypted wallet, Electrum, in December, resulting in the theft of nearly 250 bitcoins worth about $1 million. In January, GitHub discovered a fake Electrum wallet called "Electrvm" designed to steal users' money. In February, users of encrypted wallets Electrum and MyEtherWallet reported that they were facing phishing attacks. (Stationer's House)

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A clone site masquerading as an Electrum SV wallet has emerged. The cloning site has nothing to do with electrum SV and is designed to steal tokens and create chaos in the BSV community.

Click to get the Electrum Personal Server source code and the Electrum Wallet source code.

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In recent days, a team of hackers carried out an organized attack on the cryptocurrency wallet Electrum and stole nearly 250 bitcoins through a phishing attack. So what is the process and the way of the whole event? Hardman, a security expert at Chain Security in Beijing, offers a professional analysis.

and open the web page, then your wallet may have been compromised. Particularly paranoid people may want to send all BTCs from their old Electrum wallets to the newly generated Electrum wallet.

However, after electrum officials said in early 19th that some security mechanisms should be put in place to prevent this "update phishing", many users of Electrum are still in the old version.

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