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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.

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When Electrum wallets are synchronized with malicious servers, they are instructed to "update" clients provided by hackers, resulting in the loss of assets contained in older versions. Previously, in December 2018, Electrum.

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However, after electrum officials said in early 19th that some security mechanisms should be put in place to prevent this "update phishing", many users of Electrum are still in the old version.

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B: Electrum server can customize messages to appear in the user's electrum light wallet software, giving hackers a chance to broadcast phishing messages.

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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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Hackers have launched a denial-of-service (DoS) attack on a well-known wallet Electrum server, according to Johnwick.io. Hackers used a botnet of more than 140,000 computers to attack Electrum's nodes and simultaneously deployed malicious nodes. When the user connects to these malicious nodes and sends transactions using the older version of Electrum.

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If someone's Electrum wallet connects to one of these servers and tries to send a BTC transaction, they see an official message telling them to update their Electrum wallet, as well as a scam URL.