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.
Bitcoin Future： incoming transaction dissapeared from electrum
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.
As mentioned earlier, because electrum light wallets are different from Bitcoin light wallets such as MultiBit or Breadwallet, they cannot communicate directly with bitcoin full nodes and can only communicate with electrum.
Vulnerabilities were found in Electrum and Electrum-LTC. It has been fixed in Electrum-LTC 220.127.116.11. If you are running an earlier version, update your software.
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Electrum tweeted today about the incident, saying it was "a persistent phishing attack on Electrum users" and imploring users to check the effectiveness of the resources they log on to.
Why is this a great revolution? Because Mr. Ibnson solves the so-called double spending problem, for example, when I pay someone $100, I can't spend that $100 anymore. Typically, third-party institutions such as banks verify the deal to avoid double-spend problems, so you can understand blockchain technology this way: blockchain technology essentially eliminates third-party institutions.
It's not hard to run your own Electrum server and point your wallet to just use it. This restores Electrum to the point where it has the same privacy and security attributes as the full node, where no one else can see the address or transaction that the wallet is interested in. Electrum then becomes an all-node wallet.
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.
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.
Qtum Electrum Tutorial Qtum Electrum Light Wallet.
Electrum-LTC is Electrum's community maintenance port, Litecoin's Bitcoin wallet. It is not the official product of Electrum Technologies GmbH, and it is not supported.
In addition, small partners who have used Electrum wallets should be aware that with Thecret phrase generated by Electrum, we can recover bitcoin keys on any browser using the Bitcoin Wallet web tool. And Electrum is so secure that there is no evidence that the distributed attack prevention system designed by Dark Wallet will be due to Electrum.
Bitcoin Wallet Electrum confirms a phishing attack against its users, reminding them not to download Electrum Wallet software from any channel other than the official website. Earlier media reports said Electrum users had maliciously stolen millions of dollars worth of cryptocurrencies. Hackers create Electrum wallet software with malicious code, induce users to download, and trick users into providing login information such as passwords to commit theft.
This is yet another lesson in the security of cryptocurrencies that have just come to a head. The user, ask_for_pgp, wrote on Reddy.com: 'I copied and pasted the BTC address into Electrum, a Bitcoin wallet, and confirmed the Bitcoin transaction information. The clipboard, however, will take my.