Bitcoin wallet service Company Electrum was hacked, resulting in the loss of user funds.
can i transfer my electrum bitcoins to my phone with no password
Why can't we use encryption here? Instead of revealing my password to my identity, I can also prove my true identity by signing a transaction with my password. And then no one can steal my identity, which is the basis for a more secure, centralized identity.
B: Electrum server can customize messages to appear in the user's electrum light wallet software, giving hackers a chance to broadcast phishing messages.
Litecoin (LTC) and Bitcoin Cash (BCH)
Electrum is a popular software wallet that works by connecting to a dedicated server. These servers receive a hash of the Bitcoin address in the wallet and reply with transaction information. Electrum Wallet is fast and has few resources, but by default, it connects to these servers and can easily monitor users. In addition to Electrum, some other software uses public Electrum servers. By 2019, it is a faster and better alternative to BIP37.
Bitcoin wallet Electrum was hacked and at least 1,450 bitcoins were stolen.
Bitcoin narratives around hard currency, fixed supply, inflation hedging, market manipulation and aversion to the Fed's currency printer can all be traced back to the Golden Turtle.
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 a message flaw that allows an attacker to send update prompts through a malicious ElectrumX server. This update prompt is very confusing for 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. This captured currency theft attack is not stealing the private key (electrum's private key is generally stored with two-factor encryption), but replaces the transfer destination address when the user initiates the transfer. Slow fog reminds users that when transferring money, special attention needs to be paid to whether the destination address is replaced, which is a very popular method of currency theft recently. It is also recommended that users use hardware wallets such as Ledger, and if you pair it with Electrum, although the private key does not have any security issues, you should also be alert to the replacement of the destination address.
Bitcoin Wallet Electrum releases 4.0, adding support for features such as Lightning Network and PSBT.
The seller, Hustler magazine, recently confirmed that they will start accepting dog money payments. Dog coins are increasingly being accepted in new markets, including the lucrative Chinese market.