April 9 (Johnwick.io) reported that hackers had launched a denial-of-service (DoS) attack on the well-known wallet Electrum server. Hackers used a botnet of more than 140,000 computers to attack Electrum's nodes and simultaneously deployed malicious nodes. When a user connects to these malicious nodes and sends a transaction using an older version of Electrum, the user is prompted to update the Backdoor Client. If the user installs the client as prompted, the private key is stolen and all digital assets are lost.
Trezor's official statement on the matter followed coinelegraph's original article, and Trezor issued an official statement confirming that Trezor and Satoshilabs did not attend the Maduro Cryptocurrency Expo in Caracas on November 6. In a blog post detailing Trezorvenezuela as an authorized distributor of Trezor, the company removed Trezor from its list of authorized resellers in June 2019 due to inactive activity. However, Trezor does not restrict Trezorvenezuela from selling Trezor products in any particular region.
m/44'/60'/0'/0/x: BIP44, imToken (customizable path), MetaMask, Jaxx, MyEtherWallet, TREZOR, Exodusm/44'/60'/x'//0/0: BIP44, KeepKey, MetaMaskm/44'/60'/0'/x: Electrum, Ledger Chrome App, m/44'/coin_type'/account'/0:Coinomi.
According to Bleeping Computer, the BTC wallet app Electrom accused a phishing product called Electrum Pro of stealing a user's seed key on May 9 on GitHub 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 BTC URLs managed by Eletrum Pro.
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Electrum-LTC is a simple but powerful Litecoin wallet. Like its predecessor, the Electrum-Bitcoin wallet, the open source wallet is available on GitHub and anyone can view or upgrade the code.
In a forum post on Bitcointalk, website administrator Theymos explained: "If at any time in the past you've logged in to Electrum without a wallet password and opened a web page, your wallet might have been stolen." Particularly paranoid people may want to send all bitcoins (BTCs) from their old Electrum wallets to the newly generated Electrum wallet. "
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.
From August to September, the Bitcoin wallet Electrum was phished twice by hackers. According to statistics from various parties, the phishing attacks forged Electrum upgrade notifications have stolen at least 1,450 BTC worth $11.6 million.
Bitcoin wallet Electrum official Twitter announced that the next version of Electrum will support Lightning online payments. Its lightning node implementation has been consolidated into the main branch of Electrum. Electrum also confirmed that the wallet will adopt a new implementation of in-house development written using Python.