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Wallet history can be obtained from a central server, such as an Electrum server, but each address uses a new Tor circuit. A closely related idea is to connect the Electrum servers in the onion routing network together. When creating such a scenario, care should be taken to avoid time correlations that link addresses together, otherwise the server might use the fact that the requested addresses are time-close to each other.

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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.