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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.

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The electrum and Electrum-LTC versions below 3.3.3 are vulnerable to phishing attacks in which a malicious server displays a message asking the user to download the fake Electrum. To prevent user exposure, versions older than 3.3 can no longer connect to public servers and must be upgraded. Do not download software updates from sources other than electrum.org and electrum-ltc.org.

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Users of Bitcoin wallet Electrum are currently facing phishing attacks, according to the Devi Security Lab. Hackers broadcast messages to electrum clients through a malicious server, prompting the user to update to v4.0.0, and if the user is prompted to install this backdoor-carrying client, the private key is stolen and all digital assets are stolen. As of 13:00, at least 1450 BTCs worth approximately $11.6 million had been stolen from phishing attacks that forged Electrum upgrade tips. Devi Security Labs hereby suggests that versions of Electrum below 3.3.4 are vulnerable to such phishing attacks, and users using Electrum Wallet are requested to update to the latest version of Electrum3.3.8 via the official website (electrum.org), which has not yet been officially released v4.0.0, and do not use the link in the prompt message to avoid asset losses.

how to send usd to electrum?

Send USD to a large centralized exchange to complete two-factor authentication (2FA) for your exchange account Swap USD for a stable coin Replace stable currency with ETH Install Metamask browser plug-in, protect your private key To stabilize the currency and ETH hair Back to your Metamask-managed Ethereum account to learn how to use Etherscan to monitor transactions With Metamask Connect Compound Authorized Compound Use the stable coins of this account to put stable coins into Compound at the end and start earning interest There are 11 steps! And every step is complicated.