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how long does it take to send from coinbase to electrum wallet, how long does it take to send from coinbase to electrum wallet

2021-04-14 08:56  Category : Electrum  

If you have LN functionality, you can connect directly from NiceHash wallet or from another Bitcoin wallet, such as Electrum, Blue Wallet, BLW, and Eclair applications.

On December 27, Reddit user u/normal_rc reported that Electrum's wallet had been hacked and that nearly 250 bitcoins (243.6 BTCs, nearly $1 million) had been maliciously stolen, coinelegraph reported. 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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On February 26th Coinbase Wallet announced: "Starting today, Coinbase Wallet users will be allowed to send cryptocurrencies using short, human-friendly usernats instead of traditional long addresses. "The benefit for users is that they can send cryptocurrencies to other wallets without having to deal with clumsy and clumsy strings of numbers and characters.

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.

A light wallet, Electrum SV, was released in January, and interested old iron can be used to experience it.

Coinbase announced that coinbase Wallet supports the use of friendly short addresses to send cryptocurrencies, including .eth addresses that support Coinbase Wallet username addresses and Ethereum Name Services (ENS), and that users who do not have a .eth address can also purchase their .eth address by visiting the ENS website through the wallet's dapp browser. At the same time, it is easier for users to send encrypted assets back to Coinbase from Coinbase Wallet. Coinbase also provides a privacy option to keep a user's username private or to make it private in the Wallet app so that other users cannot search for that user's username address.

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. This captured currency theft attack is not stealing the private key (electrum's private key is generally stored with two-factor encryption), but replaces the transfer destination address when the user initiates the transfer. Here we remind users that when transferring money, special attention needs to be paid to whether the destination address has been replaced, which is a very popular method of currency theft recently. It is also recommended that users use hardware wallets such as Ledger, and if you pair it with Electrum, although the private key does not have any security issues, you should also be alert to the replacement of the destination address.

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-sign 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. This captured currency theft attack is not stealing the private key (electrum's private key is generally stored with two-factor encryption), but replaces the transfer destination address when the user initiates the transfer. Here we remind users that when transferring money, special attention needs to be paid to whether the destination address has been replaced, which is a very popular method of currency theft recently. It is also recommended that users use hardware wallets such as Ledger, and if you pair it with Electrum, although the private key does not have any security issues, you should also be alert to the replacement of the destination address.

Coinbase Wallet has added two new features to its application that allow users to send cryptocurrencies using short, easy-to-remember addresses instead of traditional long addresses. The application now integrates the Ethereum name service, which allows users to send cryptocurrencies to the ".eth" address.

Electrum is a lightweight desktop client, which means it does not download the full blockchain. Instead, it requires a lot of work on the server. It allows you to send and receive Bitcoins, but there are also some advanced features: it can be generated from an address determination of the wallet, it provides its own offline transaction signature. However, these advanced features are difficult to use because they can only be operated from the command line.

If you send OGN to your Coinbase wallet address, you should see OGN in your Coinbase wallet. Note that coinbase wallet apps and Coinbase's mobile apps are different products. Do not use the Ethernet address of your Coinbase phone app to receive OGN. On the Coinbase Wallet app, you can't add support for GN if your OGN balance is zero.

Coinbase Wallet announced that it supports the .crypto blockchain domain name through integration with Unstoppable Domains. Coinbase Wallet users can now pay each other by typing a domain name (xyz.crypto) in the send field instead of using a long address.

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If you send OGN to your Coinbase wallet address, you should see OGN in your Coinbase wallet. Note that coinbase wallet apps and Coinbase's mobile apps are different products. Do not use the Ethernet address of your Coinbase phone app to receive OGN. On the Coinbase Wallet app, you can't add support for GN if your OGN balance is zero.

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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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