All About Lightning Electrum
Users of Bitcoin wallet Electrum are facing phishing attacks, according to Johnwick.io. Hackers broadcast messages to the Electrum client through a malicious server, prompting the user to update to v4.0.0, and if the user follows the prompt 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 about $11.6 million had been stolen from phishing attacks that faked Electrum upgrade tips. DeViable 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 Electrum 3.3.8 via the official website (electrum.org), which has not yet been officially released, and do not use the link in the prompt to avoid asset losses.
Electrum is a world-renowned Bitcoin light wallet with a long history of multi-signature support and a very broad user base, many of which like to use Electrum as a cold wallet or multi-signature wallet for Bitcoin or even USDT (Omni). Based on this usage scenario, Electrum is used less frequently on the user's computer. The current version of Electrum is 3.3.8, and previous versions of 3.3.4 are known to have "message defects" that allow an attacker to send an "update prompt" through a malicious ElectrumX server. This "update tip" is very confusing to the user, and if you follow the prompt to download the so-called new version of Electrum, you may be tricked. According to user feedback, because of this attack, stolen bitcoins are in the four digits or more.
Bitcoin Wallet Electrum releases 4.0, adding support for features such as Lightning Network and PSBT.
Analysis . . . Bitcoin wallet Electrum "update phishing" currency theft continues.
Bitcoin Wallet Electrum Wallet was hacked and lost 1,450 BTCs.
The main reason for the Trezor vulnerability is that it does not have built-in multi-signature functionality, so its multi-signature implementation is to support Electrum extension. This led to an attack on electrum, and Trezor was affected.
Electrum is a mobile available Bitcoin wallet that can also be used for Windows, Mac, Linux.
Bitcoin Wallet Electrum has released the official version of 4.0, adding support for lightning networks and other features.
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.
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.
In recent days, hackers or hacker groups have stolen more than 200 bitcoins worth about $750,000 by attacking the infrastructure of electrum Bitcoin wallets. The attacker is targeting Electrum.
The veteran Bitcoin desktop wallet client Electrum has released the official version of 4.0, adding support for several important updates, such as the Lightning network, and has released an updated version 4.0.1. Electrum added features such as PSBT (partially signed Bitcoin transactions), Lightning Network, watchtowers (暸 watchtowers) and Submarine swaps (subliminal switching) for version 4.0.
If you haven't set up Electrum Wallet to be compatible with your phone wallet, you can use the private key to recover the Electrum wallet on your web wallet. Select Wallet - "Private Key" - "Export" on the Electrum wallet and you will export the file qtum-electrum-private-keys.csv or copy only one private key. Select Recover from WIF on your web wallet, paste the private key, and select Confirm. Check that the wallet address is correct. You may need to use Dump as a Key File to save the key file.
Creating a multi-signature wallet in Qtum Electrum is easy.
Although in early 2019 Electrum officials said they would adopt some security mechanisms to prevent such "update fishing", for example.
However, after electrum officials said in early 19th that some security mechanisms should be put in place to prevent this "update phishing", many users of Electrum are still in the old version.
As of press time, phishing attacks that forged Electrum upgrade notifications have stolen at least 1,450 BTC (the number stolen is officially counted by a user, anti-malware companies Malwarebytes and Electrum), with a total value of approximately $11.6 million. It is worth mentioning that Electrum versions lower than 3.3.4 are vulnerable to such phishing attacks. Users who use Electrum wallets should update to the latest version Electrum 3.3.8 through the official website (electrum.org). At present, v4.0.0 has not been officially released. Version, please do not use the link in the prompt message to update, so as to avoid loss of assets
I have 5 plus unconfirmed deals and have been waiting for three days. This is ridiculous. And I've set a 140% dynamic transaction fee for electrum.
Electrum - Lightweight Bitcoin client.
Bitcoin Wallet Electrum releases Selectrum 4.0 beta support for the Lightning Network.
Electrum's ElectrumX performs better than a personal Electrum server and includes a P2P exploration protocol that enables the wallet app of the average user to automatically find and connect to the server. These features make it a great solution for setting up public Electrum servers.
Bitcoin wallet Electrum suffered a phishing attack, at least 1,450 BTC stolen
No downtime: Electrum Litecoin is not bound to a specific server;
Electrum Litecoin is a lightweight open source desktop client designed for Litecoin.
According to The Next Web, the attackers even implemented their own Electrum servers, which hosted the attacked Electrum.
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