In a recent announcement on Twitter, Electrum advised users to disable the automatic connection option and manually select a server, while the company is developing a more powerful Electrum.
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Why use Electrum? Here are a dozen of the benefits of electrum wallets.
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Bitcoin wallet Electrum suffered a phishing attack, at least 1,450 BTC stolen
Step, download a blockchain wallet, such as imToken, which is available in major app stores and download it yourself.
According to a Reddit post on March 26, youTube, the video-sharing platform, allegedly miscast a malicious ad for Bitcoin (BTC) wallet Electrum.
The Electrum team has announced the attack in an official tweet, saying that "this is an ongoing phishing attack on Electrum users" and reminding users to check the authenticity of the client's source before logging in. The team published its official website, and electrum clients downloaded elsewhere may be problematic.
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.
Electrum users are reminded of the Update Tip, which indicates that the new version of Electrum is likely to be fake, and if installed, transfer Bitcoin out in another security environment in a timely manner.
The text also explains that the implementation "relies on the Electrum server to query the channel state." In this regard, he added, "users must use servers they trust" because the server throws error messages about the state of the channel.