step by step create electrum wallet

step by step create electrum wallet, How to Create a Bitcoin Wallet - Step-by-Step Instructions for a BTC Wallet Registration

WBTC can then be sent to Metamask, Ledger, Trezor or any other ELC20 compatible wallet. In the final step, you can create a wBTC vault and deposit the wBTC in collateral and generate a DAI on the Oasis application/lending. A step-by-step guide can be found here. The MakerDAO community sees tremendous opportunities, especially in de-centralized financial markets, which can benefit from the additional liquidity of Bitcoin. Recently, the Ethereum-based DeFi application market totaled more than $1 billion.

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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.