worx electrum, Electricityworx Provider Electricity Distribution & Transmission Industry

2021-11-24

On May 15, the non-profit Blockchain Association of Africa announced a strategic partnership with Afriplains Digital (Tanzania), Blockchain Worx (Singapore) to establish blockchain innovation centers in South Africa, Uganda, Rwanda and Tanzania to raise awareness and education and help African organizations use the potential of distributed ledger technology to digitize.

Vulnerabilities were found in Electrum and Electrum-LTC. It has been fixed in Electrum-LTC 3.0.5.1. If you are running an earlier version, update your software.

UBTC Electrum Light Wallet v3.3.4 Latest Release (note attached)

Electrum Litecoin wallet.

Electrum Litecoin wallet.

According to The Next Web, the attackers even implemented their own Electrum servers, which hosted the attacked Electrum.

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 an Electrum personal server, Electrum wallet users can connect locally to their own private servers, enjoying the convenience of Electrum without any trade-offs.

Blockchain.info, Electrum Wallet.

qtum-electrum adds support for offline staking.

Electrum - famous light wallet.

Electrum - famous light wallet.

At this time, the SPV-based Electrum wallet became the new favorite of Bitcoin players. Especially for small partners who are new to Bitcoin, editors recommend using electrum wallets.

The Electrum team has announced the attack in an official tweet, saying that "this is an ongoing phishing attack on Electrum users" and reminding them to check the authenticity of the client's source before logging in. The team published its official website, and the Electrum clients downloaded elsewhere may be problematic.

At the time of writing, at least 1,450 BTCs worth about $11.6 million had been stolen from phishing attacks that faked Electrum upgrade tips. DeViable Security Labs hereby suggests that versions of Electrum below 3.3.4 are vulnerable to such phishing attacks, and users using Electrum Wallet are requested to update to the latest version of Electrum 3.3.8 via the official website (electrum.org), which has not yet been officially released, and do not use the link in the prompt to avoid asset losses.

Wallet, Coldlar, Electrum, Huobi.

C: s.users.appData/Roaming/Electrum/wallets.

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