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Users of Bitcoin wallet Electrum are facing a phishing attack, according to the Dev Security Lab. Hackers broadcast messages to the Electrum client through a malicious server, prompting the user to update to v4.0.0, and if the user follows the prompt 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 (stolen by one user, antimalware firm Malwarebytes and Electrum) had been stolen in phishing attacks that faked Thelectrum upgrade tips, with a total value of about $11.6 million. It is worth mentioning that less than version 3.3.4 of Electrum is vulnerable to such phishing attacks, users using electrum wallets are requested to update to the latest version of Electrum 3.3.8 via the official website (electrum.org), which has not yet been officially released v4.0.0, please do not use the link in the prompt message to update to avoid loss of assets.

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Like Bitcoin's core wallet, Electrum Wallet allows users to control their own funds and private keys. Electrum wallets' private keys can also be exported and used on other supported wallets to access funds. Electrum apps are available for Windows, Linux, OSX and Android, but do not support iOS and browser clients.

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The transaction costs of centralized exchanges are economically determined by market conditions and regulatory policies. It can develop changing fee rules based on operational strategies. In order to encourage users to trade high frequency, there is even no transaction fee. However, there is generally a fee charged for the withdrawal of assets. In addition, since all transactions on a central exchange are essentially IOU bookkeeping, the transaction cost is technically very low.

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The Healthy Security Lab is concerned that Nearly 250 bitcoins have been stolen in a recent hacking attack on an Electrum wallet. This attack, confirmed by Electrum, involves creating a fake version of the wallet to trick users into providing password information. Electrum responded on Twitter that "this is an ongoing phishing attack on Electrum users and advised users to download wallet apps from the official website" and that The Healthy Security Lab advised users not to install an unknown source of Electrum wallets to avoid being tricked.