Further, we usually turn on the Sentinel feature in conjunction with Passphrase. After the main wallet is attacked, users can transfer assets under the hidden wallet in time through Sentinel in case Passphrase is guessed.
The electrum and Electrum-LTC versions below 3.3.3 are vulnerable to phishing attacks in which a malicious server displays a message asking the user to download the fake Electrum. To prevent user exposure, versions older than 3.3 can no longer connect to public servers and must be upgraded. Do not download software updates from sources other than electrum.org and electrum-ltc.org.
You can choose to use the BIP39 passphrase passphrase feature to further enhance protection. Passphrase Feature Introduction Reference CoinWallet History Article "Introduction to Advanced Features of Hardware Wallet - Passphrase Secret Language"
According to information posted on social media on December 27th, Electrum's wallet was hacked and nearly 250 bitcoins ($937,000) were maliciously stolen, coinelegraph reported. Electrum later confirmed that the attack included creating a fake version of the wallet and tricking users into providing password information. Reddit user u/ normal_rc that hackers set up a large number of malicious servers. Electrum responded on Twitter today that "this is a persistent phishing attack against Electrum users" and implored users to check the effectiveness of the resources they log on to.
Bitcoin Wallet Electrum confirms a phishing attack against its users, reminding them not to download Electrum Wallet software from any channel other than the official website. Earlier media reports said Electrum users had maliciously stolen millions of dollars worth of cryptocurrencies. Hackers create Electrum wallet software with malicious code, induce users to download, and trick users into providing login information such as passwords to commit theft.
electrum ltc password and passphrase
private key : SHA256 (passphrase) // (Author this is a tribute to SHA256: P)
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.
Electrum LTC Wallet is a desktop-based cryptocurrencies wallet that supports Litecoin. Here are some aspects of wallets: Like its predecessor, Electrum- Bitcoin Wallet, open source wallets can be found on GitHub, where anyone can view or upgrade codes.
GnuPG needs a passphrase to protect your keys and sub-keys. You can choose any length for a passphrase, or you can skip the passphrase step.
Click to get the Electrum Personal Server source code and the Electrum Wallet source code.
IRC Channel: s electrum-ltc (web chat) on Free-node
After entering the correct seed word, enter privaate passphrase twice. Users are advised to write down the privat passphrase and save it in a secure place. Then click Create Wallet
Electrum wallets have been hacked in recent days and nearly 250 bitcoins have been stolen, according to blockchain security team Devi Security Labs. 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 "this is an ongoing phishing attack on Electrum users and advised users to download wallet apps from the official website." Mars Finance reminds users not to install electrum wallets from unknown sources.
On April 9th Electrum, the Bitcoin wallet service, was hacked, resulting in the loss of user funds. In response to the attack, Beosin Chengdu Chain Security made an analysis: This wallet Electrum was attacked, mainly because the use of the kivy framework is using a standard py compiler and wallet does not do anti-secondary packaging protection, the core file can be directly recompiled back to the py file. Attackers can imitate the code, directly join the code to steal the user's password, key after the secondary packaging, and then cooperate with other attacks, tempt users to install the wallet implanted with malicious code, thereby stealing the user's password, key and other sensitive information.
By default, electrum wallets are randomly connected to a set of Electrum servers. From a privacy perspective, this is not a good thing because it discloses your wallet address and balance to unknown third parties. And unfortunately, many public Electrum servers are run by individuals or groups of blockchain analytics companies or worse. Therefore, if you are using an Electrum wallet, it is generally recommended that you run your own Electrum server and then connect the wallet to that server.
Set up Passphrase to overwrite the original wallet and enter the hidden wallet.