on electrum do i have to sign the currency to send it to an exchange, electrum currency

2022-04-29

Hackers have launched a denial-of-service (DoS) attack on a well-known wallet Electrum server, according to Johnwick.io. Hackers used a botnet of more than 140,000 computers to attack Electrum's nodes and simultaneously deployed malicious nodes. When a user connects to these malicious nodes and sends a transaction using an older version of Electrum, the user is prompted to update the Backdoor Client. If the user installs the client as prompted, the private key is stolen and all digital assets are lost. Millions of dollars of digital currency have been stolen, according to Electrum officials. Devi Security Labs recommends that users of Electrum Wallet update to the latest version of the client via the official website and never use the link in the prompt message.

The world-renowned Bitcoin wallet Electrum "update phishing" currency theft continues.

on electrum do i have to sign the currency to send it to an exchange

on electrum do i have to sign the currency to send it to an exchange

Slow Fog Alert: The world's leading Bitcoin wallet Electrum "updates phishing" currency theft continues.

When an Electrum wallet queries a third-party Electrum server, the server can link two transactions together and know which address is a zero address.

m/44'/60'/0'/x: Electrum, Ledger Chrome App.

When you receive some coins, you have no way of knowing where they come from. If you try to spend both outputs, you really don't care. At this stage, if you buy 10 bitcoins on an exchange and go into your wallet and spend them, assuming you send that output to your friends, your friends will see that you really have 10 bitcoins - there's really so much money out there. So before you send these coins, you think, 'Should I send this output or that output?' 'When you have to do it, Bitcoin becomes very unseeded.

One victim wrote in another Reddit post: "When I logged on to the site, I was immediately asked for a 2 Factor code that I thought was a bit strange, and Electrum usually only asks when you're trying to send an email." And added.

Suppose I send you movies or songs over the Internet, I upload them as an add-on to an email, and once I click Send, you can have them. You can watch a movie or delete it - that is, there's no problem with what you want to do with the movie.

Do the learning machine explode, sign an agreement with the boss to send Mercedes-Benz

Do the learning machine explode, sign an agreement with the boss to send Mercedes-Benz

When you "send" transactions to Bitcoin addresses, what you really do is unlock unused outputs and lock them again so that those who have private keys and can sign them on the public key can control them.

Electrum 0.18.8 is available for details at github.

Bitcoin wallet Electrum now supports Lightning online payments, according to Coindesk on July 11. It has previously been reported that Bitcoin Wallet Electrum has released a beta version of Electrum 4.0, adding support for the Bitcoin Lightning Network.

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.

Electrum is a world-renowned Bitcoin light wallet with a long history of multi-signature support and a very broad user base, many of which like to use Electrum as a cold wallet or multi-signature wallet for Bitcoin or even USDT (Omni). Based on this usage scenario, Electrum is used less frequently on the user's computer. The current version of Electrum is 3.3.8, and previous versions of 3.3.4 are known to have "message defects" that allow an attacker to send an "update prompt" through a malicious ElectrumX server. This "update tip" is very confusing to the user, and if you follow the prompt to download the so-called new version of Electrum, you may be tricked. According to user feedback, because of this attack, stolen bitcoins are in the four digits or more. This captured currency theft attack is not stealing the private key (electrum's private key is generally stored with two-factor encryption), but replaces the transfer destination address when the user initiates the transfer. Here we remind users that when transferring money, special attention needs to be paid to whether the destination address has been replaced, which is a very popular method of currency theft recently. It is also recommended that users use hardware wallets such as Ledger, and if you pair it with Electrum, although the private key does not have any security issues, you should also be alert to the replacement of the destination address.

Users of Bitcoin wallet Electrum are facing phishing attacks, according to Johnwick.io. Hackers broadcast messages to the Electrum client through a malicious server, prompting the user to update to v4.0.0, and if the user follows the prompt to install this "backdoor-carrying client", the private key is stolen and all digital assets are stolen. 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.

I really like that we have a common currency, and if I travel to Venezuela and go through Colombia from there, I won't have to change the currency. I like that you can visit two or three countries on your travels and pay in the same common currency. I can send money to my Belgian friends or American friends.

Or the question just now, if I want to send RMB to my partner, how do I do it in this company's business model?

Although at the end of the 18th slow fog alerted the Electrum wallet client's message defects, forcing an "update prompt" to pop up when the user's currency transfer operation, inducing the user to update the download malware, and then carry out currency theft attacks.

Electrum personal server

Electrum personal server

In response to an earlier April 9 news that Bitcoin Wallet Electrum had been attacked by the botnet DoS, Devi Security Lab analysis said hackers used botnets of more than 140,000 computers to attack Electrom's nodes and simultaneously deploy malicious nodes. When a user connects to these malicious nodes and sends a transaction using an older version of Electrum, the user is prompted to update the Backdoor Client. If the user installs the client as prompted, the private key is stolen and all digital assets are lost. Millions of dollars of digital currency have been stolen, according to Electrum officials.

The Healthy Security Lab is concerned that Nearly 250 bitcoins have been stolen in a recent hacking attack on an Electrum wallet. 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 it was an ongoing phishing attack on Electrum users and advised them to download wallets from the official website.