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Bitcoin Wallet Electrum confirms a phishing attack against its users, reminding them not to download Electrum Wallet software from any channel other than the official website. Earlier media reports said Electrum users had maliciously stolen millions of dollars worth of cryptocurrencies. Hackers create Electrum wallet software with malicious code, induce users to download, and trick users into providing login information such as passwords to commit theft.

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BitMEX has observed a large number of attacks on user accounts, according to an official blog post published on June 11, coinelegraph reported. BitMEX also stresses the importance of using two-factor authentication (2FA). Google's research shows that by enabling 2FA, almost all attempts to steal account certificates can be blocked. BitMEX believes that 2FA is the best way to prevent such attacks and is considering enforcing 2FA authentication on its platform.

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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.