Popular wallet developer Electrum has released an emergency patch for a key vulnerability in its Bitcoin wallet. The vulnerability allows any website hosting electrum wallets to potentially steal a user's cryptocurrency. A vulnerability means that the password is exposed to the JSONRPC interface, implying that the hacker has full control over the wallet. The first patch failed to fix the problem, forcing Electrum to release a second update on Sunday night.
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The Electrum development team also warned them that they had nothing to do with a project called Electrum Dark: they used our name without our permission. Be careful with the altcoin version of Electrum, as they are sometimes used as vectors to install malware against your real Bitcoin wallet.
Article Link : Digital Wallet Electrum Hacked, Loss of 250 Bitcoins (Copy Link)
Bitcoin Wallet Electrum releases 4.0, adding support for features such as Lightning Network and PSBT.
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In this demo, Electrum developer Chris Belcher shows how to set up and use an Electrum personal server.
To use mnomets to transfer addresses from electrum wallets to web wallets, you need to set Electrum to be compatible with Qtum phone mnomets in the initial installation (and then use phone wallet mnomets to restore phone wallets on Electrum). This setting is screenshot of the Electrum configuration.
Bob Wallet is not a traditional Bitcoin wallet," the developer said on Github.