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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 it was an ongoing phishing attack on Electrum users and advised them to download wallets from the official website.

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One of the most anticipated changes to Cryptocurrencies Core 0.18.0 will be the ability to connect users to their hardware wallets (Ledger, Trezor, Digital BitBox, KeepKey, and Coldcard) via the Hardware Wallet Interaction (HWI) tool. This combines one of the most secure ways to store private keys and interact with cryptocurrencies. Hardware wallets are considered secure because the user's private key never leaves the device. Keys are never exposed to the Internet or the computers they are connected to, protecting the hardware wallet from remote hackers. Although you can already use the Electrum personal server to connect the hardware wallet to the Electrum wallet connected to the entire node, HWI will be the first local, hardware-to-node choice for the Bitcoin Core project. Currently, HWI scripts are still only on the command line and require manual procedures to connect hardware wallets.

electrum hacker group, Hackers Tied to Russia's GRU Targeted the US Grid for Years, Researchers Warn

Wallet developer Electrum has released an emergency patch for a key vulnerability in bitcoin wallets. The vulnerability makes it possible for any website hosting an e-wallet to steal a user's cryptocurrency. The vulnerability means that in the JSONRPC interface, the password is exposed, implying that the hacker has full control of the wallet. However, the first patch failed to resolve the issue, forcing Electrum to release a second update on Sunday night.

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Users of cryptocurrencies Wallet Electrum and MyEtherWallet are facing phishing attacks, according to posts posted on Reddit and Twitter on February 4. The MyEtherWallet team has issued a warning about phishing emails sent to users. Electrum also posted a warning on its website informing users that the electrum version, which predies 3.3.3, is vulnerable to phishing attacks. The company warned its users not to download software updates from other sources. (Cointelegraph)