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(Malware, Android) Xhelper: Persistent Android dropper app infects 45K devices in past 6 months.
Attackers reportedly created their own Electrum servers, which hosted the attacked version of Electrum in order to implement the attack. When the user will be vulnerable.
In this demo, Electrum developer Chris Belcher shows how to set up and use electrum personal servers.
According to slow fog zone news, Electrum fake upgrade tips of the phishing attack has stolen at least 200 BTC, this attack by upgrading Electrum alone can not be avoided, the need for the entire ecological service to make corresponding changes (because Electrum this client is not a full node, and then on the transaction broadcast and the corresponding service side of the message communication, attackers can also deploy malicious server). Slow fog zones remind users that phishing attacks like Electrum require long-term vigilance. The slow fog zone has previously issued an alert for selectrum phishing updates, and hackers who attacked Electrum wallets used Electrum's software to unusually construct malicious software update prompts to induce users to update and download malware usage.
Previous phishing attacks were carried out through malicious servers, and when asked to broadcast transactions through legitimate Electrum wallets, an error message was returned instructing the user to download a false "security update" from an unauthorized Github repository. The unidentified hacker reportedly managed to steal more than 200 BTCs.
You can use Security Seeds to recover your wallet on any Electrum client, even on the Electrum Wallet online web program.
Of course, there are wallets that are not designed according to BIP rules, such as Electrum, which was the first to use mnbike patterns, and the first determinizer wallet, which was introduced in 2011, and later Trezor's introduction of the mbike rule BIP-39, which became a recognized industry standard with its widespread use. Electrum and BIP-39's mone word rules are similar, but BIP-39 uses a fixed set of 2048 thesaver, electrum uses another thesaver, but can be compatible with BIP-39's monemone thesaver, reverse is not compatible.
Lightweight Bitcoin Wallet Electrum announced that the next version will support Lightning network payments, implemented with Python, an electrum network node where wallet users do not need to run Lightning network nodes themselves to make payments, and electrum's Lightning network nodes have now been merged into the Electrum master branch.