Electrum Bitcoin Wallet uses seed phrases as a back-up. If the device is lost, this is a protection issue.
Google researcher Tavis Ormandy discovered the Bitcoin wallet Electrum.
Another upgrade under study is the release of a new version of the Electrum-LTC desktop wallet. Electrum-LTC is an SPV wallet that can be used in Windows, Linux, and OS X operating systems.
Qtum Electrum light wallet
The world-renowned Bitcoin wallet Electrum "update phishing" currency theft continues.
Bitcoin Wallet Electrum Wallet was hacked and lost 1,450 BTCs.
Researchers at the popular Bitcoin wallet app Electrum have uncovered a malicious shanzhai act aimed at stealing seed keys. The suspicious shanzhai wallet, called Electrum Pro, appeared online in March and has been labeled malware since.
Use the Electrum wallet.
The developer behind new entry Bitamp's Bitcoin wallet has created an easy-to-use client open source Bitcoin wallet to meet this demand. Bitamp Wallet allows users to send and receive Bitcoins from anywhere on any device. The interface also allows users to instantly create a new Bitcoin wallet by writing down 12 words of seeds. Users who generate seed phrases on other platforms (e.g. Electrum, Mycelium, Ledger) can securely and anonymously access their Bitcoins through the Bitamp website.
Reddit user u/normal_rc: 'The attacker set up a lot of malicious servers. Once a user's Electrum wallet is connected to these servers, they see what appears to be an official message when sending bitcoin transactions, telling them to upgrade the Electrum wallet, which actually contains a fraudulent URL.
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.
In addition, small partners who have used Electrum wallets should be aware that with Thecret phrase generated by Electrum, we can recover bitcoin keys on any browser using the Bitcoin Wallet web tool. And Electrum is so secure that there is no evidence that the distributed attack prevention system designed by Dark Wallet will be due to Electrum.