whats the use of electrum wallet

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Electrum wallets have been hacked in recent days and nearly 250 bitcoins have been stolen, according to blockchain security team Devi Security Labs. This attack, confirmed by Electrum, involves creating a fake version of the wallet to trick users into providing password information. Electrum responded on Twitter that "this is an ongoing phishing attack on Electrum users and advised users to download wallet apps from the official website." Mars Finance reminds users not to install electrum wallets from unknown sources.

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According to Johnwick.io, we will continue to monitor and track the further flow of funds after a recent user submitted a coin-losing incident claiming that the download used an Electrum wallet had been phishing and that more than 700 bitcoins had been lost, and that the stolen address had been added to the Devi AML system. It is reported that malicious websites (electrumsecure) fake Electrum website phishing attacks, to guide users to download and use the wallet, in order to steal the user's private key and other sensitive data. Devi Security Labs is here to remind users not to install unknown sources of Electrum wallets, to avoid asset losses. Electrum Official Website: electrum.org Electrum Phishing Website: electrumsecure.

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Bitcoin Wallet Electrum confirms a phishing attack against its users, reminding them not to download Electrum Wallet software from any channel other than the official website. Earlier media reports said Electrum users had maliciously stolen millions of dollars worth of cryptocurrencies. Hackers create Electrum wallet software with malicious code, induce users to download, and trick users into providing login information such as passwords to commit theft.

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Chain News, lightweight Bitcoin Wallet Electrum announced that the next version will support Lightning network payment, implemented using Python, Electrum as a Lightning network node, wallet users do not need to run lightning network nodes to make payments, electrum lightning network nodes have been merged into the Electrum master branch.