Lightning support in Electrum has been around for a long time. Thomas Voegtlin, the founder of Electrum, first told CoinDesk last summer that Lightning would take it to the next version.
Electrum is a well-known light wallet for Bitcoin that adds new features such as server authentication using SSL to prevent MITM attacks. So unlike other Bitcoin light wallets, Electrum cannot communicate directly with different versions of Bitcoin full nodes, and each startup connects to electrumserver to communicate, and electrum.
Bitcoin Wallet Electrum has released a beta version of Electrum 4.0, which supports the Lightning Network.
It's not hard to run your own Electrum server and point your wallet to just use it. This restores Electrum to the point where it has the same privacy and security attributes as the full node, where no one else can see the address or transaction that the wallet is interested in. Electrum then becomes an all-node wallet.
Electrum wallets have been hacked in recent days and nearly 250 bitcoins have been stolen, according to blockchain security team Devi Security Labs. This attack, confirmed by Electrum, involves creating a fake version of the wallet to trick users into providing password information. Electrum responded on Twitter that "this is an ongoing phishing attack on Electrum users and advised users to download wallet apps from the official website." Mars Finance reminds users not to install electrum wallets from unknown sources.
According to Cointegraph's July 10 post, a large amount of bitcoins flowed out of the managed exchange yesterday. Glassnode data shows that 20,660 more bitcoins are flowing out than are deposited, a pattern of behavior that is generally considered bullish. The net outflow from the Coinbase exchange was BTC 20787, higher than the total outflow from all exchanges. It is not clear why bitcoin is flowing out, but the trend of users moving assets from managed exchanges continues.
The latest version of UBTC Electrum Light Wallet V3.3.4 is available for download.
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"Electrum DDoS botnet infects more than 152,000 hosts" - Jett.
Electrum Wallet is one of the most popular Bitcoin wallets and has been around for several years. However, Electrum wallet users often rely on Electrum servers, which presents some security and privacy trade-offs. If you use electrum personal servers, Electrum wallet users can connect locally to their own private servers, enjoying the convenience of Electrum without any trade-offs.