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Bitcoin wallet Electrum now supports Lightning online payments, according to Coindesk on July 11. It has previously been reported that Bitcoin Wallet Electrum has released a beta version of Electrum 4.0, adding support for the Bitcoin Lightning Network.

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Millions of dollars of digital currency have been stolen, according to Electrum officials. Devi Security Labs recommends that users of Electrum Wallet update to the latest version of the client via the official website and never use the link in the prompt message.

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Users of Bitcoin wallet Electrum are facing phishing attacks, according to Hackers broadcast messages to electrum clients through a malicious server, prompting the user to update to v4.0.0, and if the user is prompted 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 approximately $11.6 million had been stolen from phishing attacks that forged Electrum upgrade alerts. Devi 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 Electrum3.3.8 via the official website (, which has not yet been officially released v4.0.0, and do not use the link in the prompt message to avoid asset losses.

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Bitcoin desktop wallet client Electrum has released a 4.0 beta version, adding several important updates, including support for the Lightning network, nearly a year after the previous version of Electrum, 3.3.8 (last July). In the 4.0 beta version, Electrum mainly added features such as PSBT (partially signed Bitcoin transactions), Lightning Network, watchtowers (暸 watchtowers) and Submarineswaps (subliminal switching). (Github.

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At 3:51 p.m. this afternoon, Bitcoin payment service BitPay tweeted that it had received a notice yesterday from Wave Crest Holdings, Ltd., a credit card issuer in BitPay Europe, that Visa prohibited Wave Crest Holdings from continuing its debit card program. Because Bitpay's cryptocurrencies debit card (non-U.S.) is also part of the program, Non-U.S. Bitpay accounts are currently deactivation (no payments and withdrawals). BitPay and Wave Crest Holdings are currently discussing user compensation, while Bitpay plans to communicate with potential alternative issuers in the hope of continuing to serve users in Europe and else regions in the future. In addition, Bitpay added, users in the U.S. were not affected by the incident.