Bitcoin Future: electrum phone wallet

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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 wallets are fast and have 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.

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When an Electrum wallet queries a third-party Electrum server, the server can link two transactions together and know which address is a zero address.

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The Electrum team has announced the attack in an official tweet, saying that "this is an ongoing phishing attack on Electrum users" and reminding users to check the authenticity of the client's source before logging in. The team published its official website, and electrum clients downloaded elsewhere may be problematic.

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By comparing the electrum-wallet with the official website downloaded by the electrum software, it was found that the software added code to steal a user's wallet and key and sent it back to sites such as Robert Paulson.me, pinnacle-consulting.pw, bestoftechforums.org, which is still alive, proving that the attack is still ongoing.

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Electrum wallets have been hacked in recent days and nearly 250 bitcoins have been stolen, according to blockchain security team Devi Security Labs. 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." Mars Finance reminds users not to install electrum wallets from unknown sources.

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Users of Bitcoin wallet Electrum are facing phishing attacks, according to Johnwick.io. Hackers broadcast messages to electrum clients through a malicious server, prompting the user to update to v4.0.0, and if the user is prompted to install this backdoor-carrying client, the private key is stolen and all digital assets are stolen. At the time of writing, at least 1,450 BTCs worth approximately $11.6 million had been stolen from phishing attacks that forged Electrum upgrade alerts. Devi Security Labs hereby suggests that versions of Electrum below 3.3.4 are vulnerable to such phishing attacks, and users using Electrum Wallet are requested to update to the latest version of Electrum3.3.8 via the official website (electrum.org), which has not yet been officially released v4.0.0, and do not use the link in the prompt message to avoid asset losses.