Hackers launched a denial-of-service (DoS) attack on a well-known wallet Electrum server, according to The Devi Security Lab. Hackers used botnets of more than 140,000 computers to attack Electrum 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 client carrying the backdoor. If the user installs the client as prompted, the private key is stolen and all digital assets are lost. Millions of dollars of digital currency have been stolen, according to Electrum officials. De-dimensional Security Labs recommends that users of electrum wallets be updated to the latest version of the client through the official website and never use the link in the prompt message.
Note: Electrum-XZC is derived from Electrum and uses different seed phrase criteria, so it cannot be imported.
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.
The new version of the wallet will also include undersea switching, which allows BTC to pass from the Bitcoin blockchain to the payment channel network LN. For this novelty, Electrum is based on Boltz technology. Electrum will charge a commission for this service.
m/44'/60'/0'/x: Electrum, Ledger Chrome App.
Electrum hackers pre-empted a large number of "normal" electrum servers on the P2P network.
When you have a loss, then I do not recommend that you continue to do a single, calm down to think about the reasons for your loss. There are many friends to find my first words are: teacher, my sheet set, teacher, I burst the warehouse, teacher, I have been losing money, can you show me a clear way? Such friends find me, I feel psychological is not taste, I slowly in the chat with them to sum up their investment problems, the following I give you a few suggestions.
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.
A new repo qtum-electrum-new has been built to add qtum-related features to the latest code for Bitcoin electrum.
In addition to supporting Bitcoin wallets, Piper Wallet supports Litecoin and Electrum Bitcoin desktop clients.