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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.

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The company's notice states that the digital currencies supported by the reactor include the traditional digital currencies Bitcoin (BTC), Ethereum (ETH), Paxos Standard (PAX), Litecoin (LTC), True USD (TUSD), Binance Coin (BNB), and Stacey Coin (GUSD), Tether (USDT), USD Coin (USDC)

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Electrum Wallet is one of the most popular Bitcoin wallets and has been around for several years. However, Electrum wallet users often rely on electrum servers, which presents some security and privacy trade-offs. If you use an Electrum personal server, Electrum wallet users can connect locally to their own private servers, enjoying the convenience of Electrum without any trade-offs.

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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.

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There is no case where Bitcoin is lost due to the failure of wallet recovery in Bitcoin-Qt, and because of Bitcoin-Qt's zeroing mechanism, even some older players often inadvertently lose bitcoins stored on Bitcoin-Qt, which electrum does not have at all.

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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.