Users of Bitcoin wallet Electrum are facing a phishing attack, according to the Dev 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 (stolen by one user, antimalware firm Malwarebytes and Electrum) had been stolen in phishing attacks that faked Thelectrum upgrade tips, with a total value of about $11.6 million. It is worth mentioning that less than version 3.3.4 of Electrum is vulnerable to such phishing attacks, users using electrum wallets 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 v4.0.0, please do not use the link in the prompt message to update to avoid loss of assets.
In extreme cases, Phoenix TV stops working, which forces the payment channel to close, and you can use any wallet compatible with Recovery Seeds to recover your wallet, such as Electrum. After recovery, you only have to wait for a mandatory shutdown to be confirmed 750 times (or about 5 days) in the blockchain to see the funds available. Consider that all funds within Phoenix are in the payment channel.
In this demo, Electrum developer Chris Belcher shows how to set up and use electrum personal servers.
Electrum is a popular software wallet that works by connecting to a dedicated server. These servers receive a hash of the Bitcoin address in the wallet and reply with transaction information. Electrum Wallet is fast and has few resources, but by default, it connects to these servers and can easily monitor users. In addition to Electrum, some other software uses public Electrum servers. By 2019, it is a faster and better alternative to BIP37.
You buy bitcoins anonymously with cash and send them to your Electrum wallet.
Slow Fog Alert: The world's leading Bitcoin wallet Electrum "updates phishing" currency theft continues.
Public Electrum server.
This makes Electrum by far the oldest wallet to use Lightning payment methods.
To recover your Electrum Litecoin wallet, you need to perform some of the steps above again.
Turn on Electrum.
The Bitcoin desktop wallet client Electrum has released a beta version 4.0, which adds support for several important updates such as the Lightning Network. This version is nearly a year away from the previous version of Electrum 3.3.8 (July last year)
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.
Down-to-dimensional security: Bitcoin wallet Electrum was hacked and at least 1,450 BTCs were stolen.
step, install the Electrum Bitcoin wallet.
Bitcoin Wallet Electrum releases 4.0, adding support for features such as Lightning Network and PSBT.
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-sign wallet for Bitcoin or even USDT (Omni). 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 a "message flaw" that allows an attacker to send an "update prompt" through a malicious ElectrumX server. This "update tip" is very confusing for the user, and if you follow the prompt to download the so-called new version of Electrum, you may get a trick. According to user feedback, because of this attack, stolen bitcoins are in the four digits or more. This captured currency theft attack is not stealing the private key (electrum's private key is generally stored with two-factor encryption), but replaces the transfer destination address when the user initiates the transfer. Here we remind users that when transferring money, special attention needs to be paid to whether the destination address has been replaced, which is a very popular method of currency theft recently. It is also recommended that users use hardware wallets such as Ledger, if paired with Electrum, although the private key will not have any security issues, but also need to be alert to the target address is replaced.
It's important to transfer the BTC from your original Electrum wallet (to a new Electrum wallet, a new wallet generated by a new monemone, and back it up), which is important to prevent possible BTC loss.
Let's explain in detail why Electrum Wallet is the first choice for cryptocurrencies enthusiasts.
A botnet with more than 140,000 machines has launched a DoS attack on the server of Bitcoin wallet Electrum in an attempt to direct users to software versions designed to steal bitcoins, Theextweb reported. Electrum users have been advised to take extra care when using the platform until the issue is resolved. Security researchers familiar with the matter say that if a user installs a fake version of Electrum, all funds contained in the old version will be lost immediately.
Electrum ensures a secure, easy-to-use refrigerated wallet with multiple signature supports.
m/44'/60'/0'/x: Electrum, Ledger Chrome App.
which electrum wallet to use
Slow Fog: Bitcoin Wallet Electrum updates the phishing theft that continues.
According to the Low-dimensional Security Laboratory reported that a recent user submitted a coin-losing incident, claiming that the download using the Electrum wallet was phishing attack, the loss of more than 700 bitcoins, the stolen address has been added to the Low-dimensional AML system, we will continue to monitor and track the further flow of funds. It is reported that malicious websites (electrumsecure) fake Electrum website phishing attacks, to guide users to download and use the wallet, in order to steal the user's private key and other sensitive data. Devi Security Labs is here to remind users not to install unknown sources of Electrum wallets, to avoid asset losses.
Electrum 0.18.8 is available for details at github.
A new repo qtum-electrum-new was built to add qtum-related features to the latest code for Bitcoin electrum.
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.