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In August-September, Bitcoin wallet Electrum was hacked twice, and according to multiple sources, at least 1,450 BTCs worth $11.6 million were stolen from phishing attacks that faked Electrum upgrade tips.

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Then I looked up the data and knew that this was Bitcoin's zero-finding mechanism: to ensure privacy (anonymity) client default settings (not only Armory defaults to this, but also another light client, Electrum) to transfer the rest of the automatically to a new address name in the wallet for every transfer. The purpose was good, but it was a complete departure from my original intention of using my brain wallet: my purpose with my brain wallet was to make my BTC tie up with my cover forever, and now it's going to me to another address! That's too much! So I decided to find out if there was a no-zero setting option on Armory, and really found it, and finally solved the problem. The settings are set as Figure 1.9-1.10.

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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.