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)
restoring a wallet on electrum litecoin
The post added that while the Bitcoin address could be retrieved on Electrum by restoring the seed, it would not reset the LN channel. To do this, the user must back up the channel. This backup is called static and is used only to close the channel and not to re-enable the channel.
Another upgrade under study is the release of a new version of the Electrum-LTC desktop wallet. Electrum-LTC is an SPV wallet that can be used in Windows, Linux, and OS X operating systems.
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 software versions designed to steal bitcoins, Theextweb reported. Electrum users have been advised to take extra care when using the platform until the issue is resolved. Security researchers familiar with the matter say that if a user installs a fake version of Electrum, all funds contained in the old version will be lost immediately.
Electrum Wallet Encrypted Wallet.
Slow Fog Alert: The world's leading bitcoin wallet Electrum updates the phishing theft continues.
Bitcoin wallet Electrum was hacked and at least 1,450 BTCs were stolen.
Abstract: On December 27, commentators reported on social media that a malicious group hacking the cryptocurrency wallet Electrum had stolen nearly 250 bitcoins (about $937,000). The attack was later confirmed by Electrum, which created a fake version of the wallet to trick users into providing password information. "Hackers set up a bunch of malicious servers," Reddit user u/normal_r.
In contrast, another wallet, Stratis Electrum, is a simplified trading client.
The attacker set up a large number of malicious servers. Once a user's Electrum wallet is connected to these servers, they see what appears to be an official message when they send a Bitcoin transaction, telling them to upgrade the Electrum wallet, which actually contains a fraudulent URL.
Users of Bitcoin wallet Electrum are facing a phishing attack, according to the Devi Security Lab. Hackers broadcast messages to the Electrum client through a malicious server, prompting the user to update to v4.0.0, and if the user follows the prompt to install this "backdoor-carrying client", the private key is stolen and all digital assets are stolen. At the time of writing, at least 1,450 BTCs worth about $11.6 million had been stolen from phishing attacks that faked Electrum upgrade tips. DeViable Security Labs hereby suggests that versions of Electrum below 3.3.4 are vulnerable to such phishing attacks, and users using Electrum Wallet are requested to update to the latest version of Electrum 3.3.8 via the official website (electrum.org), which has not yet been officially released, and do not use the link in the prompt to avoid asset losses.
Electrum LTC Wallet review.
B: Electrum server can customize messages to appear in the user's electrum light wallet software, giving hackers a chance to broadcast phishing messages.
June 28 (Xinhua) -- Bitcoin desktop wallet client Electrum has released a 4.0 beta version, adding several important updates to support the Lightning network. Electrum primarily adds features such as PSBT (partially signed Bitcoin transactions), Lightning Network, watchtowers (暸 watchtowers), and Submarine Swaps (subliminal switching).
Qtum Electrum Tutorial Qtum Electrum Light Wallet.
All in all, Electrum has a good reputation in the market. The wallet's UI may not be pretty enough, but it's worth using. That's it, we're at the end of the Electrum wallet review. I hope you find it useful.
If you have LN functionality, you can connect directly from NiceHash wallet or from another Bitcoin wallet, such as Electrum, Blue Wallet, BLW, and Eclair applications.
Electrum wallet suffered a large-scale DoS attack, which has caused millions of dollars in losses
On December 27th commentators reported on social media that a malicious group hacking the cryptocurrency wallet Electrum had stolen nearly 250 bitcoins ($937,000). It was later confirmed by Electrum that the attack included creating a fake version of the wallet and tricking users into providing password information. Hackers set up a bunch of malicious servers.
11 Bitcoin wallet Electrum was hacked and at least 1450 BTCs were stolen.
ZCoin (XZC) is conducting a public test of the Electrum Light Wallet, and another zero coin feature is under development.
Infected Electrum crypto asset wallet
Security firm: Electrum Wallet suffered a massive DoS attack that has cost millions of dollars.
Bitcoin Wallet Electrum now supports Lightning Online Payments According to Coindesk July 11th, Bitcoin Wallet Electrum now supports Lightning Web Payments. It has previously been reported that Bitcoin Wallet Electrum has released a beta version of Electrum 4.0, adding support for the Bitcoin Lightning Network.
This step is relatively simple, only need to download and install the Electrum wallet on another Internet-connected computer.
Electrum is a software wallet, which means that Bitcoin is stored in an encrypted file on our laptop or computer.
Electrum Bitcoin Wallet uses seed phrases as a back-up. If the device is lost, this is a protection issue.