electrum server vs electrumx

electrum server vs electrumx, Electrum VS BTCPay Server

More than 140,000 machines were called into forming a "botnet" to attack Electrum's servers, The Next Web reported. Moreover, the attacker apparently deliberately directed the user to use a malicious server posing as an Electrum server, and could immediately steal their bitcoins as soon as the user synchronized their wallet with such servers.

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Hackers launched a denial-of-service (DoS) attack on a well-known wallet Electrum server, according to The Devi Security Lab. 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 client carrying the backdoor. 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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From August to September, the Bitcoin wallet Electrum was phished twice by hackers. According to statistics from various parties, the phishing attacks forged Electrum upgrade notifications have stolen at least 1,450 BTC worth $11.6 million.