Reminder: Digital wallet developer Electrum has released an emergency patch saying it found vulnerabilities to steal users' digital currency.
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.
Click to get the Electrum Personal Server source code and the Electrum Wallet source code.
Qtum Electrum is a Qtum desktop light wallet modified from the well-known Bitcoin wallet Electrum. Compared to the current Qtum Core full-node wallet, Qtum Electrum takes up less disk space and takes less time to synchronize chunks, supports multi-signature and hardware wallets, supports cold wallet mode, supports the import of mnomes into mobile wallets, and uses SPV authentication to ensure security.
To recover your Electrum Litecoin wallet, you need to perform some of the steps above again.
January 19 (Xinhua) -- Electrum is a world-renowned Bitcoin light wallet with a long history of supporting multi-signatures 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), according to the Slow Fog Security team. 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.
The cryptocurrencies of choice are Vertcoin, StartCOIN, Dash, Lisk, Litecoin, and Ethereum. Vertcoin and StartCOIN make up the majority of unlocked coins, while crypto heavyweights Litecoin and Ethereum are the least mined coins - given that they are currently difficult to mine.
Wallet, Coldlar, Electrum, Huobi.
According to the dimensionality reduction security laboratory (johnwick.io), hackers launched a denial of service (DoS) attack on the well-known wallet Electrum server. The hackers used a botnet of more than 140,000 computers to attack Electrum nodes and deployed malicious nodes at the same time . When users connect to these malicious nodes and use the old version of Electrum to send transactions
Where is electrum Bitcoin Wallet available?
The Electrum team has also been developing other features. Electrum Wallet users can view the full release notes here.
In addition, small partners who have used Electrum wallets should be aware that with Thecret phrase generated by Electrum, we can recover bitcoin keys on any browser using the Bitcoin Wallet web tool. And Electrum is so secure that there is no evidence that the distributed attack prevention system designed by Dark Wallet will be due to Electrum.
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. Most interestingly, although the clone site claims to be a BSV wallet, it is full of links to BCH resources, including the Electron Cash (BCH Wallet) library on GitHub.
Can the Monroe Coin network be attacked by 51%? The recent 51% attack on Vertcoin (VTC) on December 1, 2019, in which an attacker replaced 603 VTC blocks with 553 attacker blocks raised questions about whether Monroe Coins could also have some of the same problems as Vertcoin. Vertcoin is also a branch of the Bitcoin protocol, which claims to have ASIC resistance and is compatible with CPU mining.
Although Vertcoin and Litecoin are highly similar, Vertcoin is even ahead of the hot bars in the following areas.
Abstract: On December 27, commentators reported on social media that a malicious group hacking the cryptocurrency wallet Electrum had stolen nearly 250 bitcoins (about $937,000). The attack was later confirmed by Electrum, which created a fake version of the wallet to trick users into providing password information. "Hackers set up a bunch of malicious servers," Reddit user u/normal_r.
In August-September, Bitcoin wallet Electrum was hacked twice, and according to multiple sources, at least 1,450 BTCs worth $11.6 million were stolen from phishing attacks that faked Electrum upgrade tips.
Electrum is another popular Bitcoin wallet that has been around for nearly a decade. Electrum Bitcoin Wallet has been available for all devices since 2011 and was one of the most widely used wallet applications before other alternatives emerged. There are still a lot of people who are still swearing at the Electrum wallet.
Popular wallet developer Electrum has released an emergency patch for a key vulnerability in its Bitcoin wallet. The vulnerability allows any website hosting electrum wallets to potentially steal a user's cryptocurrency. A vulnerability means that the password is exposed to the JSONRPC interface, implying that the hacker has full control over the wallet. The first patch failed to fix the problem, forcing Electrum to release a second update on Sunday night.
The selected cryptocurrencies are Vertcoin, StartCOIN, Dash, Lisk, Litecoin and Ethereum. Vertcoin and StartCOIN account for most of the unlocked coins, while the code-comparison heavyweights Litecoin and Ethereum are the least mined coins.
Bitcoin Wallet Electrum has been targeted by phishing hackers who used fake versions of software to trick users into lying about it.
Qtum Electrum 0.18.4 released
Bitcoin Wallet Electrum has released the official version of 4.0, adding support for lightning networks and other features.
Vertcoin (VTC): The project has traded on Poloniex for $12,000 in the past 24 hours, and although it has been around since 2014, the market (and its developers) seem to have really lost interest.
If someone's Electrum wallet connects to one of these servers and tries to send a BTC transaction, they see an official message telling them to update their Electrum wallet, as well as a scam URL.
Users of Bitcoin wallet Electrum are facing a phishing attack, according to the Devi Security Lab. 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.
What is the Electrum Litecoin wallet?
Given that Monero's market capitalisation is about 77 times that of Vertcoin, such an attack is not surprising.
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.