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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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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 official sources, the MOMOEX trading platform will open GRS recharge withdrawal and GRS/BTC, GRS/ETH trading pairs in the main area on July 9 at 20:00 (GMT-8). Lightning Currency GRS This is a work-proof cryptocurrencies, work-proof for short for POW. GroestlCoin is committed to enabling anyone to effectively mine this coin with minimal resource consumption, with a focus on fairness and fairness. MOMOEX Digital Asset Management and Trading Platform, established in November 2018, provides digital asset management and trading services to global clients, currently 650,000 registered users, 230,000 loyal and active users, daily management funds of 16 million U.S. dollars, the medium-term development goal is "to enter the global TOP10 trading platform on November 21, 2020"

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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.

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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.

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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. This captured currency theft attack is not stealing the private key (electrum's private key is generally stored with two-factor encryption), but replaces the transfer destination address when the user initiates the transfer. Here we remind users that when transferring money, special attention needs to be paid to whether the destination address has been replaced, which is a very popular method of currency theft recently. It is also recommended that users use hardware wallets such as Ledger, and if you pair it with Electrum, although the private key does not have any security issues, you should also be alert to the replacement of the destination address.

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Electrum can be used for Windows, Mac and Linux, as well as Android. Electrums was originally created in 2011 compared to other software wallets, and one of the biggest advantages is that its server indexes the blockchain instead of downloading the entire Bitcoin blockchain, which makes downloads faster and less downloadable. Electrum also provides many protections for your Bitcoin, including cold storage, allowing you to store Bitcoin offline, and restoring the "seeds" of Bitcoin in the event of a failure (hackers, computer corruption, etc.)

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Digital wallet developer Electrum has released an emergency patch saying it found a vulnerability that could lead any website hosting Electrum to steal a user's digital currency, exposing passwords to the JOHNSONRPC interface and ingelling hackers full control of the wallet. Earlier, Electrum released the first patch, but it didn't seem to solve the problem, and they released a second update urgently Sunday night local time.

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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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Electrum-LTC is Electrum's community maintenance port, Litecoin's Bitcoin wallet. It is not the official product of Electrum Technologies GmbH, and it is not supported.