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how to buy bitcoin using electrum, how to buy bitcoin using electrum

2021-05-24 10:29  Category : Crypto Coin  

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.

Well-known Bitcoin wallet Electrum "update phishing" currency theft continues.

Electrum has a good reputation in the market. The wallet's user interface may not be pretty enough, but the features are worth using.

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Analysis . . . Bitcoin wallet Electrum "update phishing" currency theft continues.

Bitcoin wallet Electrum released 4.0 beta, new support for Lightning Network and other updates

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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.

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Electrum Bitcoin is one of the most popular wallets, first appearing around 2011.

Bitcoin Wallet Electrum will support the Lightning network in the next release, and its Lightning nodes have been merged into electrum's main branch, according to Cointegraph. Electrum also confirmed that the wallet will be written in-house development Python.

The advantage of mBTC is that people who don't know much can easily talk about small bitcoins. In addition, some people who don't know much about Bitcoin may think that they have to buy one, in fact, there is no limit to the number of bitcoins they can buy. As a result, Bitcoin supporters argue that using mBTC as a unit to describe a smaller portion of Bitcoin can help new users better understand the buying and selling of bitcoins, which can be bought for $10 or 5mBTC. Several wallet service providers and businesses already use mBTC in their own application interfaces, including Electrum, Blockchain, and Mycelium.

A botnet with more than 140,000 machines has launched a DoS attack on the server of Bitcoin wallet Electrum in an attempt to direct users to software versions designed to steal bitcoins, Theextweb reported. Electrum users have been advised to take extra care when using the platform until the issue is resolved. Security researchers familiar with the matter say that if a user installs a fake version of Electrum, all funds contained in the old version will be lost immediately.

Bitcoin Wallet client Electrum may add support for the Lightning network.

You can download electrum Bitcoin Wallet on the official website "electrum.org". Electrum is also available to users of Ledger Nano S, KeepKey, and TREZOR hardware wallets.

Bitcoin wallet Electrum released 4.0 beta, new support for Lightning Network and other updates

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