1. how safe is it to install electrum on my phone?

    2021-11-25

    Users of Bitcoin wallet Electrum are currently facing phishing attacks, according to Johnwick.io, a 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.