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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.

Lightning support in Electrum has been around for a long time. Thomas Voegtlin, the founder of Electrum, first told CoinDesk last summer that Lightning would take it to the next version.

In this demo, Electrum developer Chris Belcher shows how to set up and use an Electrum personal server.

Vulnerabilities were found in Electrum and Electrum-LTC. It has been fixed in Electrum-LTC 3.0.5.1. If you are running an earlier version, update your software.

When Electrum wallets are synchronized with malicious servers, they are instructed to "update" clients provided by hackers, resulting in the loss of assets contained in older versions. Previously, in December 2018, Electrum.

The Electrum team has announced the attack in an official tweet, saying that "this is an ongoing phishing attack on Electrum users" and reminding users to check the authenticity of the client's source before logging in. The team published its official website, and electrum clients downloaded elsewhere may be problematic.

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.

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.

Electrum LTC wallet.

Electrum LTC wallet.

HILET tokens are charged for the use of the HILET platform (fees). Most of these fees are expected to be charged when users exchange virtual currency, and the exchange fee will also be paid for HILT tokens. In addition, the following table shows the details of the service provided by paying HILT tokens.

Electrum posted a message about the incident on Twitter today, claiming that "there are currently phishing attacks against Electrum users" and imploring users to check the validity of their login information.

Electrum and MyEtherWalle users face phishing attacks.

Lesson 1: Third-party Electrum servers can link your two transactions together. This can be avoided by running your own Electrum server, supported by your own full node.

Why use Electrum? Here are a dozen of the benefits of electrum wallets.

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Dash Electrum 3.2.3.1 was released, renamed Dash-Electrum, adding the option to use Tor Proxy at startup, according to Dash Coin. DASH is now trading at $159, down 3.26 percent.