All in all, Electrum has a good reputation in the market. The wallet's UI may not be pretty enough, but it's worth using. That's it, we're at the end of the Electrum wallet review. I hope you find it useful.
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 an Electrum personal server, Electrum wallet users can connect locally to their own private servers, enjoying the convenience of Electrum without any trade-offs.
A step is usually skipped between the hardware wallet and the entire node: the Electrum wallet not only connects to the hardware wallet, but also provides a wide range of features. Of course, this is more important for a technician or if you want to be a technician. After you start the Electrum application, it takes a few seconds to finally open your wallet. Second, you feel like you're back in the program design of the last decade.
The cryptocurrencies wallet Electrum has lost nearly 250 bitcoins ($914,000) as a result of the new phishing attack. Electrum has confirmed the authenticity of the attack. An attacker could induce a user to provide password information by creating a fake 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.
Analysis . . . Bitcoin wallet Electrum "update phishing" currency theft continues.
Article Link : Digital Wallet Electrum Hacked, Loss of 250 Bitcoins (Copy Link)
In addition, as early as August 20, 2019, we open source the development tool for the Filecoin wallet and donate it to the Filecoin official team. The full Filecoin Wallet is currently open source and is planned before completion.
Users of Bitcoin wallet Electrum are facing phishing attacks, according to Johnwick.io. Hackers broadcast messages to the Electrum client through a malicious server, prompting the user to update to v4.0.0, and if the user follows the prompt to install this "backdoor-carrying client", the private key is stolen and all digital assets are stolen. At the time of writing, at least 1,450 BTCs worth about $11.6 million had been stolen from phishing attacks that faked Electrum upgrade tips. DeViable Security Labs hereby suggests that versions of Electrum below 3.3.4 are vulnerable to such phishing attacks, and users using Electrum Wallet are requested to update to the latest version of Electrum 3.3.8 via the official website (electrum.org), which has not yet been officially released, and do not use the link in the prompt to avoid asset losses.
De-dimensional security: Bitcoin wallet Electrum was hacked and at least 1,450 BTCs were stolen.