According to Cointegraph, users broke the news on social media that a group that was carrying out a malicious hacking attack on the cryptocurrency wallet Electrum had stolen nearly 250 BTCs (about $937,000). It was later confirmed by Electrum that the attack included creating a fake version of the wallet to trick users into using password information.
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According to Bleeping Computer, the BTC wallet app Electrom accused a phishing product called Electrum Pro of stealing a user's seed key on May 9 on GitHub and registering a domain name called electrum without Electrum's permission. The Electrum team noted that there was a piece of code indicating that the counterfeit product might have taken the user's seed key and uploaded it to the electrum. Affected users should transfer funds from BTC URLs managed by Eletrum Pro.
Electrum is a world-renowned Bitcoin light wallet with a long history of multi-signature support and a very broad user base, many of which like to use Electrum as a cold wallet or multi-sign wallet for Bitcoin or even USDT (Omni). Based on this usage scenario, Electrum is used less frequently on the user's computer. The current version of Electrum is 3.3.8, and previous versions of 3.3.4 are known to have "message defects" that allow an attacker to send an "update prompt" through a malicious ElectrumX server. This "update tip" is very confusing to the user, and if you follow the prompt to download the so-called new version of Electrum, you may be tricked. According to user feedback, because of this attack, stolen bitcoins are in the four digits or more. This captured currency theft attack is not stealing the private key (electrum's private key is generally stored with two-factor encryption), but replaces the transfer destination address when the user initiates the transfer. Here we remind users that when transferring money, special attention needs to be paid to whether the destination address has been replaced, which is a very popular method of currency theft recently. It is also recommended that users use hardware wallets such as Ledger, and if you pair it with Electrum, although the private key does not have any security issues, you should also be alert to the replacement of the destination address.
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Qtum Electrum synchronously updates electrum-related code.
Summary: According to a Reddit post on March 26, youTube, the video-sharing platform, allegedly miscast malicious ads about Electrum, a Bitcoin (BTC) wallet. In a Reddit post, a user named mrsxeplatypus alerts the public about malware and describes how scam ads work: malicious ads masquerade as an Electrum ad, even showing positive links.
Blockchain.info, Electrum Wallet.
BTCP Bitcoin merges a coin fork with ZCL. It was forked on February 28, 2018. It can cost up to $69 a piece and is currently $1.70.
A botnet with more than 140,000 machines has launched a DoS attack on the server of Bitcoin wallet Electrum in an attempt to direct users to counterfeit software that steals bitcoins. Security researchers say that if a user installs a fake version of Electrum, all funds contained in the fake version will be lost immediately.
In the last six months, Electrum wallet users have lost 771 BTCs to phishing attacks.