Bitcoin Future: Bitcoin

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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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Why is this a problem? Because you can save lives in Wallet A, thieves may want to profit from your body. Of course, it takes years to make a pilgrimage to a wallet address. However, physical threats can get passwords faster.

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According to GitHub, Bitcoin Desktop Wallet client Electrum has released a 4.0 beta version, adding several important updates that support lightning networks. Electrum primarily adds features such as PSBT (partially signed Bitcoin transactions), Lightning Network, watchtowers (暸 watchtowers), and Submarine Swaps (subliminal switching).

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Star Daily News 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. (Cointelegraph)

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Users of Bitcoin wallet Electrum are currently facing phishing attacks, according to Johnwick.io, a 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.

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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 "this is an ongoing phishing attack on Electrum users and advised users to download wallet apps from the official website" and that The Healthy Security Lab advised users not to install an unknown source of Electrum wallets to avoid being tricked.

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In December 2018, Slow Fog first discovered and alerted an attacker to a messaging flaw using the Electrum wallet client to force an update prompt to pop up when a user transfers money, inducing users to update and download malware to carry out a currency theft attack. Recently, slow fog technology anti-money laundering (AML) system through continuous tracking found that one of the attackers wallet address bc1qc... p2kny has stolen more than 30 BTCs for six months and has been active recently. Slow Fog alerts Electrum users to update prompts, the new version of Electrum in this update prompt is likely to be false, if installed, please promptly transfer Bitcoin out in another security environment. At the same time, slow fog called on the vast number of cryptocurrencies exchanges, wallets and other platforms of the AML wind control system black and monitor such as the above Bitcoin address. This update tip is a phishing attack by an attacker who exploits a message flaw on the Electrum client and the ElectrumX server, which requires the attacker to deploy the malicious ElectrumX server in advance, and the malicious server is localized by the user's Electrum client (because the Electrum client is a light wallet and the user needs the ElectrumX server to broadcast the transaction). At the time of the madness, malicious ElectrumX servers accounted for as many as 71% of the total, and according to incomplete statistics, hundreds of bitcoins have been stolen in this phishing attack over the past year or so. Although in early 2019 Electrum officials have said they want to adopt some security mechanisms to prevent this kind of update fishing, such as: 1. Patch Electrum client does not display rich text, does not allow arbitrary messages, only strict messages; Patch ElectrumX server implementation detects Sybil Attack (i.e. witch attacks, malicious servers that send phishing messages) and no longer broadcasts them to clients; Implement blacklisting logic to alert malicious servers outside the Electrum client view; Promote social networking sites, websites, and all forms of communication that exist with users, who should always run the latest version and always only install from official sources (electrum.org), access through security protocols (https), and verify GPG signatures in advance. However, many users of Electrum are still in the old version (less than 3.3.4), the old version is still under threat, but slow fog does not rule out that the new version will have a similar threat.

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Coinbase has integrated merchant payment services into the Commerce Coinbase app, allowing investors to pay for their products and services through their Coinbase account. Coinbase says this not only simplifies the customer experience, but also reduces the operational burden on merchants to resolve payment issues. (bitcoinexchangeguide)