One of the oldest Bitcoin wallets, Electrum, will support the Bitcoin Lightning Network.
Users of Bitcoin wallet Electrum are facing a phishing attack, according to the Devi 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 worth about $11.6 million had been stolen from phishing attacks that faked Electrum upgrade tips. DeViable 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 Electrum 3.3.8 via the official website (electrum.org), which has not yet been officially released, and do not use the link in the prompt to avoid asset losses.
According to Bleeping Computer, the Bitcoin wallet app Electrom was on GitHub on May 9th, accusing a phishing product called Electrum Pro of stealing a user's seed key and registering a domain name called electrum without Electrum's permission. The Electrum team noted that there was a piece of code indicating that the counterfeit product might have taken the user's seed key and uploaded it to the electrum. Affected users should transfer funds from Bitcoin URLs managed by Eletrum Pro.
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.
Last week, news of a failure of Intel's computer chips, which have remained undetected for years, shook the entire technology industry. It's a story similar to the vulnerability of electrum wallets, which some reports say have been around for more than two years. Tavis Ormandy, Google's vulnerability researcher, claims to have discovered the vulnerability, even though it was flagged last year. Within hours of Electrum being identified as a vulnerability, Electrum rushed to come up with a patch to fix it.
If you haven't set up Electrum Wallet to be compatible with your phone wallet, you can use the private key to recover the Electrum wallet on your web wallet. Select Wallet - "Private Key" - "Export" on the Electrum wallet and you will export the file qtum-electrum-private-keys.csv or copy only one private key. Select Recover from WIF on your web wallet, paste the private key, and select Confirm. Check that the wallet address is correct. You may need to use Dump as a Key File to save the key file.
$dir - "$homedir/.electrum/wallets"
Hackers launched a denial-of-service (DoS) attack on a well-known wallet Electrum server, according to Johnwick.io. Hackers used botnets of more than 140,000 computers to attack Electrum nodes and simultaneously deployed malicious nodes. When a user connects to these malicious nodes and sends a transaction using an older version of Electrum, the user is prompted to update the Backdoor Client. If the user installs the client as prompted, the private key is stolen and all digital assets are lost. Millions of dollars of digital currency have been stolen, according to Electrum officials. De-dimensional Security Labs recommends that users of electrum wallets be updated to the latest version of the client through the official website and never use the link in the prompt message.
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