Bitcoin Future： electrum metal front sights

Analysis . . . Bitcoin wallet Electrum "update phishing" currency theft continues.

As of press time, phishing attacks that forged Electrum upgrade notifications have stolen at least 1,450 BTC (the number stolen is officially counted by a user, anti-malware companies Malwarebytes and Electrum), with a total value of approximately $11.6 million. It is worth mentioning that Electrum versions lower than 3.3.4 are vulnerable to such phishing attacks. Users who use Electrum wallets should update to the latest version Electrum 3.3.8 through the official website (electrum.org). At present, v4.0.0 has not been officially released. Version, please do not use the link in the prompt message to update, so as to avoid loss of assets

Lightning support in Electrum has been around for a long time. Thomas Voegtlin, the founder of Electrum, first told CoinDesk last summer that Lightning would take it to the next version.

Electrum tweeted today about the incident, saying it was "a persistent phishing attack on Electrum users" and imploring users to check the effectiveness of the resources they log on to.

Liang Haiguang, a futures analyst at Fangzheng, said iron ore supplies were at seasonal lows before the Spring Festival, steel mills were largely replenished and most of the raw materials, such as iron ore, were stocked up. "Since mid-November last year, steel mill iron ore inventories have continued to increase, particularly since 2020, due to tropical cyclones and fires in Australia, making the market generally concerned about the shipping capacity of short-term Australian mines, coupled with the approaching Spring Festival, steel mills have further increased their replenishment efforts and accelerated inventory growth."

According to Bleeping Computer, the Bitcoin wallet app Electrom was on GitHub on May 9th, accusing a phishing product called Electrum Pro of stealing a user's seed key and registering a domain name called electrum without Electrum's permission. The Electrum team noted that there was a piece of code indicating that the counterfeit product might have taken the user's seed key and uploaded it to the electrum. Affected users should transfer funds from Bitcoin URLs managed by Eletrum Pro.

Coinbase: On August 2nd Ethereum transaction fees soared, causing 559 transactions to be delayed.

According to the dimensionality reduction security laboratory (johnwick.io), hackers launched a denial of service (DoS) attack on the well-known wallet Electrum server. The hackers used a botnet of more than 140,000 computers to attack Electrum nodes and deployed malicious nodes at the same time . When users connect to these malicious nodes and use the old version of Electrum to send transactions

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 it was an ongoing phishing attack on Electrum users and advised them to download wallets from the official website.

Because we require users to use GitHub dual-factor authentication, this two-factor authentication system and employees use Azure Active at the same time.

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Lesson 1: Third-party Electrum servers can link your two transactions together. This can be avoided by running your own Electrum server, supported by your own full node.

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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According to The Next Web, the attackers even implemented their own Electrum servers, which hosted the attacked Electrum.