Bitcoin wallet Electrum was hacked and at least 1,450 BTCs were stolen.
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.
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.Tags: electrum bitcointalk
The cryptocurrencies wallet Electrum was hacked and lost 250 bitcoins.
Star Daily News Bitcoin Wallet Electrum official Twitter announced that the next version of Electrum will support Lightning online payments. Its lightning node implementation has been consolidated into the main branch of Electrum. Electrum also confirmed that the wallet will adopt a new implementation of in-house development written using Python. (Cointelegraph)
Cold storage is the insurance of Bitcoin, like a cash deposit bank. When cold storage is cold storage, the private key can be generated offline (on a machine that is not connected to the network), then saved offline, used offline, and a client called Armory can do so. Because there is no network, no more hackers can steal your bitcoins.
Popular wallet developer Electrum has released an emergency patch for a key vulnerability in Bitcoin wallets. The vulnerability allows any website hosting an e-wallet to potentially steal a user's cryptocurrency. The vulnerability meant that the password was exposed in the JSONRPC interface, making the hacker completely in control of the wallet. However, the first patch failed to fix the problem, forcing Electrum to release an updated version again Sunday night. Need to fix a long-standing bug (vulnerability)
Transaction information should be signed offline using offline Bieber wallets or Bitcoin Core or Electrum. The Bitcoin transfer can be completed by returning the signed message to an online wallet or online broadcasting tool and broadcasting it to the outside world.Tags: electrum bitcoin wallets
According to The Next Web, the attackers even implemented their own Electrum servers, which hosted the attacked Electrum.Tags: electrum with coinbase
Bitcoin did not confirm the volume of 21572 Ethereum unconfirmed transaction volume of 67941.
Users confirm transactions through a process called mining, in which they lend their computer processing power to solve mathematical equations to confirm and register Bitcoin transactions.