At the end of 2011, the first deterministic wallet, Electrum, was born. Users are finally freed from frequent backups, using only a bunch of seeds.
electrum wallet is watching only
Cryptocurrencies Wallet Electrum has lost nearly 250 bitcoins (approximately $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.
Blockchain.info, Electrum Wallet.
Antes de Bitcoin, la mayor?a de las personas que viv?an una hiperinflaci?n solo pod?an sentarse a ver como los ahorros de su vida se dilu?an como agua entre los dedos. El dinero ganado trabajando, la traducci?n del esfuerzo y el tiempo invertido en ello, desaparecido en menos de una d?cada. El tiempo es el activo m?s valioso y escaso que tenemos en tanto mortales. Ning?n gobierno de ber?a poder devaluar tu dinero porque, en el fondo, est?devaluando tu tiempo vital, tu energ?a vital. Con Bitcoin tenemos una herramienta para resistir ante el autoritarismo econ?mico y el empobrecimiento arbitrario para la dominaci?n.
Electrum is a popular software wallet that works by connecting to a dedicated server. These servers receive a hash of the Bitcoin address in the wallet and reply with transaction information. Electrum wallets are fast and have few resources, but by default, it connects to these servers and can easily monitor users. In addition to Electrum, some other software uses public Electrum servers. By 2019, it is a faster and better alternative to BIP37.
Have you ever used the Electrum Bitcoin wallet before? How do you experience and rate this wallet?
According to The Next Web, the attackers even implemented their own Electrum servers, which hosted the attacked Electrum.
According to a Post on Reddit on March 26, YouTube inadvertently posted about BTC Wallet Electrum.
and open the web page, then your wallet may have been compromised. Particularly paranoid people may want to send all BTCs from their old Electrum wallets to the newly generated Electrum wallet.
Users of Bitcoin wallet Electrum are facing phishing attacks, according to Johnwick.io. 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 worth about $11.6 million had been stolen from phishing attacks that faked Electrum upgrade tips. DeViable Security Labs hereby suggests that versions of Electrum below 3.3.4 are vulnerable to such phishing attacks, and users using Electrum Wallet 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, and do not use the link in the prompt to avoid asset losses.