According to recent LTC news and updates, the Litecoin Foundation has moved from the previous Electrum Multi-Signature Wallet to BitGo Multi-Signature Wallet to simplify money management. The Litecoin Foundation warns users to be vigilant when donating because they recommend stopping using the foundation's previous address. Litecoin (LTC) remains the seventh-highest-value cryptocurrencies on the market, above BNB and below Bitcoin SV (BSV).
The Litecoin Foundation announced that it is moving from Multi-Signature Wallet Electrum-LTC to BitGo Multi-Signature Wallet to simplify the Foundation's fund management. So the foundation asked all donors to stop using their old Litecoin address and will soon announce the new BitGo wallet address.
Hoenicke also points out that there are some technical "small" problems with quarantine testimony, such as a vulnerability in Litecoin Mobile Wallet Electrum-LTC that causes users to "crash" when using older versions to send quarantine witness transactions. Hoenicke also noted that some users, after using the conversion tool, confuse addresses and send bitcoins to the isolated witness address of Litecoin.
Electrum Wallet users lost $4 million to BTC in a series of phishing attacks.
JoinMarket can interact with a Bitcoin Core full node to get the history of your wallet in a private way. You can also choose how to use the Electrum server, but you do not encourage regular users to use it. There are also plans to replace the Electrum interface with one that uses client block filtering.
Electrum wallet users have lost 771 BTCs to phishing attacks since the end of December.
Bitcoin wallet Electrum suffered a phishing attack, at least 1,450 BTC stolen
how to sell litecoin i have in electrum wallet
The latest version of UBTC Electrum Light Wallet v3.2.8 is available.
By default, electrum wallets are randomly connected to a set of Electrum servers. From a privacy perspective, this is not a good thing because it discloses your wallet address and balance to unknown third parties. And unfortunately, many public Electrum servers are run by individuals or groups of blockchain analytics companies or worse. Therefore, if you are using an Electrum wallet, it is generally recommended that you run your own Electrum server and then connect the wallet to that server.
Electrum LTC Wallet review.
There are several Litecoin wallets to choose from! Such a good wallet - Electrum Litecoin wallet! View exclusive reviews on Electrum.