crypto that electrum supports, Bitcoin Wallet Electrum to support Lightning Network with next release

2021-02-07

A botnet with more than 140,000 machines has launched a DoS attack on the server of Bitcoin wallet Electrum in an attempt to direct users to software versions designed to steal Bitcoin. Electrum users have been advised to take extra care when using the platform until the issue is resolved. Security researchers familiar with the matter say that if a user installs a fake version of Electrum, all funds contained in the old version will be lost immediately. (TNW)

Crypto Wallet supports multi-currency switching and can purchase QTUM directly within the APP. The Crypto team has the dual genes of traditional financial institutions and blockchain, and Crypto is a visa-certified payment platform that complies with Tier 1 PCI.

The latest version of Electrum 4.0, the Bitcoin wallet, was released On Wednesday, adding support for the Bitcoin Lightning Network, according to Decrypt. The service can be enabled through Electrum's application or through the command-line interface. In an application, the user must search the Information section to open it. The new version of Electrum also supports "Submarine Swaps", allowing people to return bitcoins on the chain in exchange for a lightning network version for a fee.

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Crypto supports QTUM payment

Crypto supports QTUM payment

Hackers launched a denial-of-service (DoS) attack on a well-known wallet Electrum server, according to The Devi Security Lab. Hackers used botnets of more than 140,000 computers to attack Electrum 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 client carrying the backdoor. 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. De-dimensional Security Labs recommends that users of electrum wallets be updated to the latest version of the client through the official website and never use the link in the prompt message.

Electrum posted a message about the incident on Twitter today, claiming that "there are currently phishing attacks against Electrum users" and imploring users to check the validity of their login information.

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$dir - "$homedir/.electrum/wallets"

Light wallet Qtum Electrum.

Light wallet Qtum Electrum.

Lesson 1: Third-party Electrum servers can link your two transactions together. This can be avoided by running your own Electrum server, supported by your own full node.

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.

Digital Wallet Electrum was hacked, losing 250 bitcoins.

Users of Bitcoin wallet Electrum are currently facing a phishing attack, according to the Devi Security Lab. Hackers broadcast messages to electrum clients through a malicious server, prompting the user to update to v4.0.0, and if the user follows the prompt to install the 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 approximately $11.6 million had been stolen from phishing attacks that forged Electrum upgrade alerts. Devi 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 Electrum3.3.8 via the official website (electrum.org), which has not yet been officially released v4.0.0, and do not use the link in the prompt message to avoid asset losses.

The UB team has now developed Core, Core-QT, Electrum Wallet (where Electrum is a lightweight wallet that supports multiple signatures) and released a complete blockchain browser. More than 18 trading platforms around the world support UBTC trading.

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.

According to news on Reddit on December 27th, Electrum's wallet was hacked and nearly 250 bitcoins ($937,000) were maliciously stolen, coinelegraph reported. Electrum later confirmed that the attack included creating a fake version of the wallet and tricking users into providing password information. Reddit user u/ normal_rc that hackers set up a large number of malicious servers. Electrum responded on Twitter today that "this is a persistent phishing attack against Electrum users" and implored users to check the effectiveness of the resources they log on to.

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Users of cryptocurrencies wallets Electrum and MyEtherWallet are now facing phishing attacks, according to posts posted on Reddit and Twitter on February 4, coinelegraph reported. The MyEtherWallet team has issued a warning about phishing emails sent to users. Electrum also posted a warning on its website informing users that the electrum version, which predies 3.3.3, is vulnerable to phishing attacks. The company warned its users not to download software updates from other sources.

Security firm: Electrum Wallet suffered a massive DoS attack that has cost millions of dollars.

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Note: Electrum-XZC is derived from Electrum and uses different seed phrase criteria, so it cannot be imported.

crypto that electrum supports

crypto that electrum supports

Qtum Electrum Tutorial Qtum Electrum Light Wallet.

version in order to implement the attack. The report explains that when users put their Electrum.

Qtum Official Announcement, Qtum Electrum 0.18.4 New Release, fully supports multi-signature and QRC20. At the same time, it is prohibited to send Token to P2SH addresses to fix problems such as incorrect calculation of the Coin Stake transaction hash. QTUM's global average was $13.99, up 4.1 percent, according to Chain World.

Use the Electrum wallet.

Use the Electrum wallet.

Crypto, the cryptocurrencies debit card company, announced on Twitter that its APP now supports Elrond (ERD) access.