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According to Reddit user u/normal_rc, electrum's wallet was hacked and nearly 250 bitcoins (243.6 BTCs, nearly $1 million) were maliciously stolen, according to coinelegraph. 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.

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Some also claim that BTC does not support enough trading per second. These people need to understand that because BTC is a large number of users on its blockchain, it is the only cryptocurrency that really faces such scalability issues.

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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 "this is an ongoing phishing attack on Electrum users and advised users to download wallet apps from the official website" and that The Healthy Security Lab advised users not to install an unknown source of Electrum wallets to avoid being tricked.

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Electrum client. A veteran security research expert told Hard Fork that if a user installs the problem version of Electrum.

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Chain News, lightweight Bitcoin Wallet Electrum announced that the next version will support Lightning network payment, implemented using Python, Electrum as a Lightning network node, wallet users do not need to run lightning network nodes to make payments, electrum lightning network nodes have been merged into the Electrum master branch.

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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.

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and Android system. Installing Electrum requires you to write down a 12-word seed to help you recover your wallet on multiple devices. If you forget your private key, this seed can also make Electrum look more human. In addition, Electrum has a "cold storage" mode where you don't have to pay Bitcoin to view your balance.

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According to Finance Magnates, BTCC, China's established digital currency exchange, has launched the BTCC Index, which aims to become the industry standard. The BTCC index reportedly combines spot prices on several major exchanges with quotes from BTCC global liquidity providers to prevent price manipulation on a single exchange. Leading market depth, single quote can undertake 5000 BTC, to ensure the reliability of the BTCC index. BTCC innovatively introduced the physical delivery of permanent contracts, users can trade according to the BTCC index price, and according to the contract opening price to initiate the physical delivery of Bitcoin, effectively avoid the digital currency futures price settlement of man-made manipulation, fixed-point explosion and other risks.

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Bitcoin desktop wallet client Electrum has released a 4.0 beta version, adding several important updates, including support for the Lightning network, nearly a year after the previous version of Electrum, 3.3.8 (last July). In the 4.0 beta version, Electrum mainly added features such as PSBT (partially signed Bitcoin transactions), Lightning Network, watchtowers (暸 watchtowers) and Submarineswaps (subliminal switching). (Github.

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Lightweight Bitcoin Wallet Electrum announced that the next version will support Lightning network payments, implemented with Python, an electrum network node where wallet users do not need to run Lightning network nodes themselves to make payments, and electrum's Lightning network nodes have now been merged into the Electrum master branch.

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On April 7, the Algorand Inc. and the Algorand Foundation announced that all passable assets on the Algorand chain, including Algo, could be fully compatible with the Ledger Nano S and Nano X hardware wallets through Algorand Mobile Wallet. In the future, any pass-through assets issued on the Algorand chain will also automatically receive immediate support from Ledger Nano X and Nano S. In addition, this version includes the Ledger Nano X Bluetooth connectivity feature for Android and IOS devices.