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Users of cryptocurrencies Wallet Electrum and MyEtherWallet are facing phishing attacks, according to posts posted on Reddit and Twitter on February 4. The MyEtherWallet team has issued a warning about phishing emails sent to users. Electrum also posted a warning on its website informing users that the electrum version, which predies 3.3.3, is vulnerable to phishing attacks. The company warned its users not to download software updates from other sources. (Cointelegraph)

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Slow Fog: Bitcoin Wallet Electrum updates the phishing theft that continues.

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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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By default, electrum wallets are randomly connected to a set of Electrum servers. From a privacy perspective, this is not a good thing because it discloses your wallet address and balance to unknown third parties. And unfortunately, many public Electrum servers are run by individuals or groups of blockchain analytics companies or worse. Therefore, if you are using an Electrum wallet, it is generally recommended that you run your own Electrum server and then connect the wallet to that server.

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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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how good is electrum?

Category : Transfer Coin

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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Category : Transfer Coin

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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Category : Transfer Coin

Transferring cryptocurrencies is as easy as scanning a QR code to send a certain number of bitcoins, but the simplicity of a transaction depends on the wallet you own and how much information you have to send to another wallet. Transferring Bitcoin from one wallet to another is a key skill that every cryptocurrencies trader must gain. If you don't do it right, Bitcoin transactions can get stuck for hours or days to reach another wallet and you'll sit down and wonder why it happened. There is actually a faster way to transfer bitcoins from one wallet to another without any complications. Read on and follow the instructions for safe and easy transfer of Bitcoin.

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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 extensions. This leads to an attack on Electrum, and Trezor is affected.

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Category : Transfer Coin

Bitcoin Wallet Electrum has released a beta version of Electrum 4.0, which supports the Lightning Network.

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