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After the giant whale zhoufujian was stolen by hackers worth 260 million yuan in encrypted assets, SlowMist Technology founder Yu Xian said that the security of some wallets is untrustworthy, such as IOTA's Trinity wallet, BTC's Electrum wallet, and support for BTC/BCH CoPay wallet, Blockchain/.info online wallet, MyEtherWallet online wallet, etc.

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A step is usually skipped between the hardware wallet and the entire node: the Electrum wallet not only connects to the hardware wallet, but also provides a wide range of features. Of course, this is more important for a technician or if you want to be a technician. After you start the Electrum application, it takes a few seconds to finally open your wallet. Second, you feel like you're back in the program design of the last decade.

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Users of Bitcoin wallet Electrum are currently facing phishing attacks, according to the Devi Security Lab. Hackers broadcast messages to electrum clients through a malicious server, prompting the user to update to v4.0.0, and if the user is prompted to install this backdoor-carrying client, the private key is stolen and all digital assets are stolen. As of 13:00, at least 1450 BTCs worth approximately $11.6 million had been stolen from phishing attacks that forged Electrum upgrade tips. Devi 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 Electrum3.3.8 via the official website (electrum.org), which has not yet been officially released v4.0.0, and do not use the link in the prompt message to avoid asset losses.

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Bitcoin Wallet Electrum now supports Lightning Online Payments According to Coindesk July 11th, Bitcoin Wallet Electrum now supports Lightning Web Payments. It has previously been reported that Bitcoin Wallet Electrum has released a beta version of Electrum 4.0, adding support for the Bitcoin Lightning Network.