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Hackers launched a denial-of-service (DoS) attack on a well-known wallet Electrum server, according to Johnwick.io. Hackers used botnets of more than 140,000 computers to attack Electrum nodes and simultaneously deployed malicious nodes. When a user connects to these malicious nodes and sends a transaction using an older version of Electrum, the user is prompted to update the Backdoor Client. If the user installs the client as prompted, the private key is stolen and all digital assets are lost. Millions of dollars of digital currency have been stolen, according to Electrum officials. De-dimensional Security Labs recommends that users of electrum wallets be updated to the latest version of the client through the official website and never use the link in the prompt message.

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The SnowGem Foundation is nearing the final stage of the Integration of The Mainccard into the SnowGem network - a significant achievement for any Cryptocurrency project, and the SnowGem team has worked hard to achieve this goal, even in difficult times, and we are still working to make this large-scale adoption plan a reality.

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Two weeks ago, the Bitcoin Cash (BCH) development team launched a solution to the problem of concussion and address format. Bitcoin Cash (BCH) also successfully upgraded its hard fork on November 14th, and the volatility of Bitcoin Cash (BCH) has now levelled off. Bitcoin Cash (BCH) address format issues have also been scheduled to be updated on January 14. November 28, Bitcoin.

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Electrum Wallet is one of the most popular Bitcoin wallets and has been around for several years. However, Electrum wallet users often rely on electrum servers, which presents some security and privacy trade-offs. If you use an Electrum personal server, Electrum wallet users can connect locally to their own private servers, enjoying the convenience of Electrum without any trade-offs.