The cyberattack on Electrum wallets allowed hackers to steal nearly $1 million worth of BTC.
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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.
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 an Electrum personal server, Electrum wallet users can connect locally to their own private servers, enjoying the convenience of Electrum without any trade-offs.
Blockchain.info, Electrum Wallet.
Electrum 0.18.8 is available for details at github.
In this demo, SatoshiLabs' CTO Pavol Rusnak shows how to send Bitcoin transactions via Electrum wallet and SMS to.
circuit. A closely related idea is to connect the Electrum servers in the onion routing network together. When creating such a scenario, care should be taken to avoid time correlations that link addresses together, otherwise the server might use the fact that the requested addresses are time-close to each other.
Qtum Electrum is a Qtum desktop light wallet modified from the well-known Bitcoin wallet Electrum. Compared to the current Qtum Core full-node wallet, Qtum Electrum takes up less disk space and takes less time to synchronize chunks, supports multi-signature and hardware wallets, supports cold wallet mode, supports the import of mnomes into mobile wallets, and uses SPV authentication to ensure security.
According to Coindesk, the deal was packaged by Spark Pool, a mine pool from China. Ethereum typically costs around $0.50, but if the deal sponsor wants to complete the transaction faster, you can manually set the transaction fee higher.
According to The Next Web, the attackers even implemented their own Electrum servers, which hosted the attacked Electrum.