Electrum wallet suffered a large-scale DoS attack, which has caused millions of dollars in losses
Bitcoin Future： avast detects electrum bitcoin wallet
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.
Electrum Litecoin Wallet created a 12-word "Wallet Generation" seed. This is just the password that you can recover your wallet in some cases.
Achain 2.0 Wallet V2.0 MAC Side Development, Progress 60%
In a forum post on Bitcointalk, website administrator Theymos explained: "If at any time in the past you've logged in to Electrum without a wallet password and opened a web page, your wallet might have been stolen." Particularly paranoid people may want to send all bitcoins (BTCs) from their old Electrum wallets to the newly generated Electrum wallet. "
Bitcoin Wallet Electrum now supports Lightning Online Payments According to Coindesk July 11th, Bitcoin Wallet Electrum now supports Lightning Web Payments. It has previously been reported that Bitcoin Wallet Electrum has released a beta version of Electrum 4.0, adding support for the Bitcoin Lightning Network.
Roman Gold, founding partner of the Blockchain Association of Israel, Roman Gold points out that most local blockchain start-ups have shunned initial coin trading in favour of equity financing.
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.
The Litecoin Foundation announced that it is moving from Multi-Signature Wallet Electrum-LTC to BitGo Multi-Signature Wallet to simplify the Foundation's fund management. So the foundation asked all donors to stop using their old Litecoin address and will soon announce the new BitGo wallet address.
If someone's Electrum wallet is connected to one of these servers and tries to send a BTC transaction, they will see an official message telling them to update their Electrum wallet, as well as a scam URL.
At present, there are 13,296 unconfirmed transactions across the Bitcoin network, with a median transaction fee of 0.000156 BTC, and 19099 unconfirmed transactions in Ethereum, with a median transaction fee of 0.00021922 ETH. (Tokenview)
Bitcoin wallet Electrum official Twitter announced that the next version of Electrum will support Lightning online payments. Its lightning node implementation has been consolidated into the main branch of Electrum. Electrum also confirmed that the wallet will adopt a new implementation of in-house development written using Python.
This isn't the first time electrum has appeared in a fake version. In December, nearly $1 million of BTC was stolen when hackers developed a fake encrypted wallet, Electrum. 1 this year.
Bitcoin Wallet Electrum has released a 4.0 beta version with new updates that support Lightning Networks and more.
SettleBit, the digital asset trading infrastructure provider, completed its first $100,000 bitcoin cold storage transaction.