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A botnet with more than 140,000 machines has launched a DoS attack on the server of Bitcoin wallet Electrum in an attempt to direct users to software versions designed to steal bitcoins, Theextweb reported. Electrum users have been advised to take extra care when using the platform until the issue is resolved. Security researchers familiar with the matter say that if a user installs a fake version of Electrum, all funds contained in the old version will be lost immediately.

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According to security firm Slow Fog, the current latest version of Bitcoin Light Wallet Electrum is 3.3.8, while previous versions of 3.3.4 are known to have "message defects" that allow attackers to send "update prompts" over a malicious ElectrumX server. This "update tip" is very confusing to the user, and if you follow the prompt to download the so-called new version of Electrum, you may be tricked. User feedback because of this attack, stolen bitcoins in more than four digits.