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The Litecoin Foundation announced that it is moving from Multi-Signature Wallet Electrum-LTC to BitGo Multi-Signature Wallet to simplify the Foundation's fund management. So the foundation asked all donors to stop using their old Litecoin address and will soon announce the new BitGo wallet address.

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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.

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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.

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To use mnomets to transfer addresses from electrum wallets to web wallets, you need to set Electrum to be compatible with Qtum phone mnomets in the initial installation (and then use phone wallet mnomets to restore phone wallets on Electrum). This setting is screenshot of the Electrum configuration.

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Electrum is a popular software wallet that works by connecting to a dedicated server. These servers receive a hash of the Bitcoin address in the wallet and reply with transaction information. Electrum Wallet is fast and has few resources, but by default, it connects to these servers and can easily monitor users. In addition to Electrum, some other software uses public Electrum servers. By 2019, it is a faster and better alternative to BIP37.

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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.