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.

The Litecoin Foundation will migrate from electrum-LTC wallets to BitGo wallets.

According to Reddit user u/normal_rc, electrum's wallet was hacked and nearly 250 bitcoins (243.6 BTCs, nearly $1 million) were maliciously stolen, according to coinelegraph. Electrum then confirmed that the attack included creating a fake version of the wallet to trick users into providing password information. Electrum responded on Twitter that "this is a persistent phishing attack on Electrum users" and warned users not to download Electrum from any source other than the official website.

Electrum DASH "PrivateSend" is on TestNet.

According to Johnwick.io, a recent user submitted a coin loss 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, the low-dimensional security laboratory will continue to monitor and track the further flow of funds.

The Electrum team has announced the attack in an official tweet, saying that "this is an ongoing phishing attack on Electrum users" and reminding them to check the authenticity of the client's source before logging in. The team published its official website, and the Electrum clients downloaded elsewhere may be problematic.

So the first thing that comes to mind is, if my opinion is wrong, how do I deal with it? This includes how to set stop loss, how to make up for losses after mistaking as much as possible, and so on.

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.

The new version of the wallet will also include undersea switching, which allows BTC to pass from the Bitcoin blockchain to the payment channel network LN. For this novelty, Electrum is based on Boltz technology. Electrum will charge a commission for this service.

In recent days, hackers or hacker groups have stolen more than 200 bitcoins worth about $750,000 by attacking the infrastructure of electrum Bitcoin wallets. The attacker is targeting Electrum.