Dynamic . . . Electrum wallet attacked nearly 250 bitcoins were stolen.
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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.
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Bitcoin Wallet Electrum now supports Lightning Online Payments According to Coindesk July 11th, Bitcoin Wallet Electrum now supports Lightning Web Payments. It has previously been reported that Bitcoin Wallet Electrum has released a beta version of Electrum 4.0, adding support for the Bitcoin Lightning Network.
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As the gold standard for secure Bitcoin storage, a growing number of multi-signature solutions will allow organizations to distribute keys among their teams: Electrum, Casa, BitGo, Blockstream Green, Unchained Capital and, of course, Clavestone.
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On April 9th Electrum, the Bitcoin wallet service, was hacked, resulting in the loss of user funds. In response to the attack, Beosin Chengdu Chain Security made an analysis: This wallet Electrum was attacked, mainly because the use of the kivy framework is using a standard py compiler and wallet does not do anti-secondary packaging protection, the core file can be directly recompiled back to the py file. Attackers can imitate the code, directly join the code to steal the user's password, key after the secondary packaging, and then cooperate with other attacks, tempt users to install the wallet implanted with malicious code, thereby stealing the user's password, key and other sensitive information.
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The Electrum team has announced the attack in an official tweet, saying that "this is an ongoing phishing attack on Electrum users" and reminding them to check the authenticity of the client's source before logging in. The team published its official website, and the Electrum clients downloaded elsewhere may be problematic.
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The problem was not fixed. So he had to contact Electrum to highlight the urgency of the issue, and Electrum released Emergency Response Version 3.0.4 a few hours later.
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One customer printed out his seed words, but missed a few characters because of a margin setting error, another customer's money was stolen because he entered the key on his computer's notepad and printed it out, and the hacker stole his bitcoins from his keylogger.
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Electrum LTC Wallet is a desktop-based cryptocurrencies wallet that supports Litecoin. Here are some aspects of wallets: Like its predecessor, Electrum- Bitcoin Wallet, open source wallets can be found on GitHub, where anyone can view or upgrade codes.
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The server tier consists of Stratis Full Blockchain Node, Cloud Stratis Managed Layer, and Stratis payment protocols.
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As mentioned earlier, because electrum light wallets are different from Bitcoin light wallets such as MultiBit or Breadwallet, they cannot communicate directly with bitcoin full nodes and can only communicate with electrum.