Reddit user u/normal_rc: 'The attacker set up a lot of malicious servers. Once a user's Electrum wallet is connected to these servers, they see what appears to be an official message when sending bitcoin transactions, telling them to upgrade the Electrum wallet, which actually contains a fraudulent URL.
UBTC Electrum Light Wallet v3.3.4 Latest Release (note attached)
Creating a multi-signature wallet in Qtum Electrum is easy.
Users of Bitcoin wallet Electrum are currently facing phishing attacks, according to the Devi Security Lab.
Wallet, Coldlar, Electrum, Huobi.
Dynamic . . . Bitcoin wallet Electrum was hacked and at least 1,450 BTCs were stolen.
The Litecoin Foundation announced that it will move from electrum-LTC wallet to multi-purpose signature wallet BitGo.
Bitcoin wallet Electrum official Twitter announced that the next version of Electrum will support Lightning online payments. Its lightning node implementation has been consolidated into the main branch of Electrum. Electrum also confirmed that the wallet will adopt a new implementation of in-house development written using Python.
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-signature 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.
Bitcoin desktop wallet client Electrum has released a 4.0 beta version, adding several important updates, including support for the Lightning network, nearly a year after the previous version of Electrum, 3.3.8 (last July). In the 4.0 beta version, Electrum mainly added features such as PSBT (partially signed Bitcoin transactions), Lightning Network, watchtowers (暸 watchtowers) and Submarineswaps (subliminal switching). (Github.
It's important to transfer the BTC from your original Electrum wallet (to a new Electrum wallet, a new wallet generated by a new monemone, and back it up), which is important to prevent possible BTC loss.
Well-known Bitcoin wallet Electrum "update phishing" currency theft continues.
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The developers of Bitamp Bitcoin Wallet have created an easy-to-use client open source Bitcoin wallet to meet this demand. Bitamp Wallet allows users to send and receive bitcoins anywhere, on any device. The interface also allows users to create a new Bitcoin wallet in an instant by writing down a 12-word seed. Users who generate seed phrases on other platforms such as Electrum, Mycelium, and Ledger can access their bitcoins anonymously and securely through the Bitamp site.
Analysis . . . Bitcoin wallet Electrum "update phishing" currency theft continues.
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.
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Dynamic . . . Electrum wallet attacked nearly 250 bitcoins were stolen.