The attacker set up a large number of malicious servers. Once a user's Electrum wallet is connected to these servers, they see what appears to be an official message when they send a Bitcoin transaction, telling them to upgrade the Electrum wallet, which actually contains a fraudulent URL.
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Bitcoin Wallet Electrum has released a 4.0 beta version with new updates that support Lightning Networks and more.
UBTC Electrum Light Wallet Multi-Sign Address Transfer Contract Token Tutorial.
A clone site masquerading as an Electrum SV wallet has emerged. The cloning site has nothing to do with electrum SV and is designed to steal tokens and create chaos in the BSV community. Most interestingly, although the clone site claims to be a BSV wallet, it is full of links to BCH resources, including the Electron Cash (BCH Wallet) library on GitHub.
Note: Electrum-XZC is derived from Electrum and uses different seed phrase criteria, so it cannot be imported.
Qtum Official Announcement, Qtum Electrum 0.18.4 New Release, fully supports multi-signature and QRC20. At the same time, it is prohibited to send Token to P2SH addresses to fix problems such as incorrect calculation of the Coin Stake transaction hash. QTUM's global average was $13.99, up 4.1 percent, according to Chain World.
Dynamic . . . Reddit user: Electrum's GOD wallet steals user bitcoins.
Electrum is a world-renowned Bitcoin light wallet with a long history of multi-signature support 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). 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.
Lightweight Bitcoin Wallet Electrum announced that the next version will support Lightning network payments, implemented with Python, an electrum network node where wallet users do not need to run Lightning network nodes themselves to make payments, and electrum's Lightning network nodes have now been merged into the Electrum master branch.
Electrum and MyEtherWalle users face phishing attacks.