Security researchers have found that Google has removed 49 cryptocurrency wallet browser extensions after they were already stealing private keys. These Chrome extensions are aimed at users of encrypted wallets such as Ledger, Trezor, Jaxx, Electrum, Myetherwallet, Metamask, Exodus, and Keepkey.
The use of lightning networks by these companies has led to more applications of the technology, as well as more and more wallet vendors, including the well-known Trezor and Electrum. Perhaps it's worth noting that lightning networks are also becoming increasingly accepted by merchants that offer physical goods and services.
Electron Cash is only a version of Electrum, so if you're used to Electrum, you won't have any problems.
Electrum is a popular software wallet that works by connecting to a dedicated server. These servers receive a hash of the Bitcoin address in the wallet and reply with transaction information. Electrum wallets are fast and have few resources, but by default, it connects to these servers and can easily monitor users. In addition to Electrum, some other software uses public Electrum servers. By 2019, it is a faster and better alternative to BIP37.
ZNDet reports that Google has just cleaned up 49 malicious extensions in Chrome's online app store. It disguises itself as a cryptocurrency wallet app such as Ledger, MyEtherWallet, Trezor, electrum, etc., but actually steals confidential information such as the user's key.
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.
Note: Electrum-XZC is derived from Electrum and uses different seed phrase criteria, so it cannot be imported.
Qtum Electrum Tutorial Qtum Electrum Light Wallet.
Earlier this month, Electrum detected a DoS attack on its network, allegedly launched by a malicious botnet with more than 140,000 machines, designed to provide Electrum to users.
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.
Fake Chrome extensions simulate popular wallet apps including Ledger, Trezor, Jaxx, Electrum, MyEtherWallet, Exodus, and more.
According to BlockBeats, Google has removed 49 extensions from the store that masquerade as legitimate cryptocurrency wallet extensions such as Ledger, MyEtherWallet, Trezor, Electrum, but contain malicious code that steals the encrypted wallet's private keys, monem notes, and other original secrets.
Recommendation: Use hardware or cold storage wallets. Unmanaged wallets Armory, Exodus, and Electrum are secure and can be used as desktop applications. However, perhaps the safest way to save digital currencies is through offline wallets, such as hardware: Ledger and Trezor.
As of press time, phishing attacks that forged Electrum upgrade notifications have stolen at least 1,450 BTC (the number stolen is officially counted by a user, anti-malware companies Malwarebytes and Electrum), with a total value of approximately $11.6 million. It is worth mentioning that Electrum versions lower than 3.3.4 are vulnerable to such phishing attacks. Users who use Electrum wallets should update to the latest version Electrum 3.3.8 through the official website (electrum.org). At present, v4.0.0 has not been officially released. Version, please do not use the link in the prompt message to update, so as to avoid loss of assets
Shunto touch melon, open the github of the electrum, we find the following code in the electrum/electrum/ecc.py.
In recent days, hackers or hacker groups have stolen more than 200 bitcoins worth about $750,000 by attacking the infrastructure of electrum Bitcoin wallets. The attacker is targeting Electrum.