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Digital Wallet Electrum was hacked, losing 250 bitcoins.
The cryptocurrencies wallet Electrum has lost nearly 250 bitcoins ($914,000) as a result of the new phishing attack. Electrum has confirmed the authenticity of the attack. An attacker could induce a user to provide password information by creating a fake wallet.
In early April, Cointelegraph reported that the ongoing DoS attack on the Electrum network was allegedly launched by a malicious botnet of more than 140,000 machines in order to steal a user's BTC by calling it a fake version of electrum software.
Let's explain in detail why Electrum Wallet is the first choice for cryptocurrencies enthusiasts.
Bitcoin Wallet Electrum will support the Lightning network in the next release, and its Lightning nodes have been merged into electrum's main branch, according to Cointegraph. Electrum also confirmed that the wallet will be written in-house development Python.
Install the Electrum wallet and configure it to use Tor or the Tails OS operating system.
On December 27, Reddit user u/normal_rc reported that Electrum's wallet had been hacked and that nearly 250 bitcoins (243.6 BTCs, nearly $1 million) had been maliciously stolen, coinelegraph reported. Electrum then confirmed that the attack included creating a fake version of the wallet to trick users into providing password information. Electrum responded on Twitter that "this is a persistent phishing attack on Electrum users" and warned users not to download Electrum from any source other than the official website.
You can download electrum Bitcoin Wallet on the official website "electrum.org". Electrum is also available to users of Ledger Nano S, KeepKey, and TREZOR hardware wallets.
Electrum-LTC is a simple but powerful Litecoin wallet. The platform is also known as the Lightweight Litecoin Client.