In August-September, Bitcoin wallet Electrum was hacked twice, and according to multiple sources, at least 1,450 BTCs worth $11.6 million were stolen from phishing attacks that faked Electrum upgrade tips.
electrum wallet receiving funds
Electrum was launched in 2011 with a lite version of Bitcoin wallet with an open source code under MIT licenses.
The Litecoin Foundation announced that it will move from electrum-LTC wallet to multi-purpose signature wallet BitGo.
It's not hard to run your own Electrum server and point your wallet to just use it. This restores Electrum to the point where it has the same privacy and security attributes as the full node, where no one else can see the address or transaction that the wallet is interested in. Electrum then becomes an all-node wallet.
Original title: Slow Fog: Analysis of Pseudo Electrum Harpoon Fishing Attacks
YAO: Bit stocks different platforms are also done by different people. This is actually a distributed entrance, that is, a centering. I use this official wallet. If the page doesn't open, I can use another wallet, like the Bit Empire, or openerger, and so on, or I can use this drum wallet. Then none of this will work, then I can also use the locally installed light wallet. It is the entrance that is also realized to realize the centralization.
and Android system. Installing Electrum requires you to write down a 12-word seed to help you recover your wallet on multiple devices. If you forget your private key, this seed can also make Electrum look more human. In addition, Electrum has a "cold storage" mode where you don't have to pay Bitcoin to view your balance.
Since the end of December 2018, Bitcoin wallet Electrum users have lost 771 BTCs (worth about $4 million) in phishing attacks, according to a study released by Malwarebytes Labs. Electrum is known to implement a variant of a technology called Simplified Payment Verification (SPV), which allows users to send and receive transactions without having to download a full copy of the Bitcoin blockchain. An attacker is exploiting a vulnerability that anyone can manipulate a public Electrum peer to carry out an attack. (TNW)
Personal introductions: Hong Wa Poon, and Mira, Merck.
Bitcoin Wallet Electrum will support the Lightning network in the next release, and its Lightning nodes have been merged into electrum's main branch, according to Cointegraph. Electrum also confirmed that the wallet will be written in-house development Python.