electrum wallet rejected by network rules, electrum

2021-11-25

Digital Wallet Electrum was hacked, losing 250 bitcoins.

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A vulnerability in the well-known Bitcoin wallet Electrum technology has exposed thousands of Bitcoin wallets.

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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.

electrum wallet rejected by network rules

electrum wallet rejected by network rules

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.

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

Qtum Electrum 0.18.4 released

Qtum Electrum 0.18.4 released

Examples of online wallets: Breadwallet (BRD), Mycelium, Electrum, Out of Egypt.

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

Electrum wallets have been hacked in recent days and nearly 250 bitcoins have been stolen, according to blockchain security team Devi Security Labs. 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 "this is an ongoing phishing attack on Electrum users and advised users to download wallet apps from the official website." Mars Finance reminds users not to install electrum wallets from unknown sources.

Cryptocurrencies Wallet Electrum has lost nearly 250 bitcoins (approximately $914,000) as a result of the new phishing attack. Electrum has confirmed the authenticity of the attack. An attacker could induce a user to provide password information by creating a fake wallet.

Subsequently confirmed by Electrum itself, the attack included creating a fake version of the wallet to trick users into providing password information.

Dynamic . . . Electrum wallet attacked nearly 250 bitcoins were stolen.

Get alert: Wallet Electrum was upgraded by the DoS attack, with users allegedly losing millions of dollars.

BTC Wallet app Electrum.

BTC Wallet app Electrum.

Last month, GitHub discovered a fake Electrum wallet called "Electrvm" designed to steal user funds. In February this year, the wallet was encrypted.