Cooler, this can be done - secure your hardware wallet, but also the convenience of your software wallet. The problem is that typically each hardware wallet contains support for only one or two software wallets. For example, Trezor only supports software wallet Electrum. They can't connect Trezor to Bitcoin Core or any other software they want to connect to.
On December 27, Reddit user u/normal_rc reported that Electrum's wallet had been hacked and that nearly 250 bitcoins (243.6 BTCs, nearly $1 million) had been maliciously stolen, coinelegraph reported. Electrum then confirmed that the attack included creating a fake version of the wallet to trick users into providing password information. Electrum responded on Twitter that "this is a persistent phishing attack on Electrum users" and warned users not to download Electrum from any source other than the official website.
Another upgrade under study is the release of a new version of the Electrum-LTC desktop wallet. Electrum-LTC is an SPV wallet that can be used in Windows, Linux, and OS X operating systems.
Article Link : Digital Wallet Electrum Hacked, Loss of 250 Bitcoins (Copy Link)
Bitcoin Wallet Electrum releases Selectrum 4.0 beta support for the Lightning Network.
A non-profit organization that develops open source privacy and anonymity technologies accepts Monero donations.
UBTC Electrum Light Wallet Multi-Sign Address Transfer Contract Token Tutorial.
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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.
Several wallets - like Coinomi, Electrum and Wasabi - moved straight to this.
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A vulnerability in the well-known Bitcoin wallet Electrum technology has exposed thousands of Bitcoin wallets.
The fact that not many people know is that Esplora is bundled with a based and optimized Electrum server. This Electrum server is derived from Electrs and is now maintained separately by the Blockstream engineering team. Over the past two years, Esplora has become one of the fastest and most scalable Electrum server solutions available for Bitcoin due to continuous updates and performance optimization. Esplora is also the only Electrum server that supports liquid networks.
Security firm: Electrum Wallet suffered a massive DoS attack that has cost millions of dollars.
On December 27th commentators reported on social media that a malicious group hacking the cryptocurrency wallet Electrum had stolen nearly 250 bitcoins ($937,000). It was later confirmed by Electrum that the attack included creating a fake version of the wallet and tricking users into providing password information. Hackers set up a bunch of malicious servers.