Users of Bitcoin wallet Electrum are facing a phishing attack, according to the Dev Security Lab. Hackers broadcast messages to the Electrum client through a malicious server, prompting the user to update to v4.0.0, and if the user follows the prompt to install this "backdoor-carrying client", the private key is stolen and all digital assets are stolen. At the time of writing, at least 1,450 BTCs (stolen by one user, antimalware firm Malwarebytes and Electrum) had been stolen in phishing attacks that faked Thelectrum upgrade tips, with a total value of about $11.6 million. It is worth mentioning that less than version 3.3.4 of Electrum is vulnerable to such phishing attacks, users using electrum wallets are requested to update to the latest version of Electrum 3.3.8 via the official website (electrum.org), which has not yet been officially released v4.0.0, please do not use the link in the prompt message to update to avoid loss of assets.
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Electrum is another popular Bitcoin wallet that has been around for nearly a decade. Electrum Bitcoin Wallet has been available for all devices since 2011 and was one of the most widely used wallet applications before other alternatives emerged. There are still a lot of people who are still swearing at the Electrum wallet.
Electrum-LTC is Electrum's community maintenance port, Litecoin's Bitcoin wallet. It is not the official product of Electrum Technologies GmbH, and it is not supported.
According to The Next Web, the attackers even implemented their own Electrum servers, which hosted the attacked Electrum.
Lesson 1: Third-party Electrum servers can link your two transactions together. This can be avoided by running your own Electrum server, supported by your own full node.
m/44'/60'/0'/x: Electrum, Ledger Chrome App.
Dash Electrum 126.96.36.199 was released, renamed Dash-Electrum, adding the option to use Tor Proxy at startup, according to Dash Coin. DASH is now trading at $159, down 3.26 percent.
Bitcoin wallet Electrum official Twitter announced that the next version of Electrum will support Lightning online payments. Its lightning node implementation has been consolidated into the main branch of Electrum. Electrum also confirmed that the wallet will adopt a new implementation of in-house development written using Python.
The latest version of UBTC Electrum Light Wallet v3.2.8 is available.
As mentioned earlier, because electrum light wallets are different from Bitcoin light wallets such as MultiBit or Breadwallet, they cannot communicate directly with bitcoin full nodes and can only communicate with electrum.