is it safe to keep large btc in electrum offline wallet, electrum safe
Qtum Electrum synchronously updates electrum-related code and releases v0.18.9.
Qtum Electrum synchronously updates electrum-related code and releases v0.18.9.
According to a Reddit post on March 26, youTube, the video-sharing platform, allegedly miscast a malicious ad for Bitcoin (BTC) wallet Electrum.
The wallet, called Electrum, is popular with foreign netizens, but a recent phishing attack on the wallet led to the theft of a user's private key, with BTC being diverted by hackers.
Hackers discovered and targeted malicious extensions of eight major crypto wallet brands, Ledger, Safe, Jaxx, Electrum, MyEtherWallet (MEW), MetaMask, Exodus and Shapeshift KeepKey.
Bitcoin Wallet client Electrum may add support for the Lightning network.
Electrum Wallet is one of the most popular Bitcoin wallets and has been around for several years. However, Electrum wallet users often rely on Electrum servers, which presents some security and privacy trade-offs. If you use electrum personal servers, Electrum wallet users can connect locally to their own private servers, enjoying the convenience of Electrum without any trade-offs.
Lightning support in Electrum has been around for a long time. Thomas Voegtlin, the founder of Electrum, first told CoinDesk last summer that Lightning would take it to the next version.
Reddit user u/normal_rc: 'The attacker set up a lot of malicious servers. Once a user's Electrum wallet is connected to these servers, they see what appears to be an official message when sending bitcoin transactions, telling them to upgrade the Electrum wallet, which actually contains a fraudulent URL.
Bitcoin Wallet Electrum releases 4.0, adding support for features such as Lightning Network and PSBT.
Creating a multi-signature wallet in Qtum Electrum is easy.