Popular wallet developer Electrum has released an emergency patch for a key vulnerability in its Bitcoin wallet. The vulnerability allows any website hosting electrum wallets to potentially steal a user's cryptocurrency. A vulnerability means that the password is exposed to the JSONRPC interface, implying that the hacker has full control over the wallet. The first patch failed to fix the problem, forcing Electrum to release a second update on Sunday night.
New York-based financial technology company TrueDigital Holdings LLC plans to acquire the registration rights to trueEX LLC to launch a fully regulated crypto derivatives exchange, according to a July 12 press release, coinelegraph reported. According to the announcement, trueDigital has reached an agreement in principle to acquire trueEX LLC's Designated Contract Market (DCM) and Swap Execution Tool Registration. TrueEX LLC is an exchange regulated by the Commodity Futures Trading Commission (CFTC), so the transaction is subject to CFTC approval.
The exchange-traded fund (ETF) was created by Crescent Crypto Index Services LLC, a subsidiary of Crescent Crypto Asset Management LLC, to track the market capitalisation and price performance of BTC and ETH. The exchange-traded fund (ETF) has a stock code of "XBET" and will be traded at market prices throughout the trading day, as will other publicly traded securities.
Until now, the ElectrumX original was the only server available for the P2P exploration protocol, resulting in almost all Electrum wallets relying on servers running on the original ElectrumX. This week, we introduced P2P exploration as an optional feature of Esplora. In this case, Esplora is the only other option for electrum servers designed for public wallets.
Earlier this month, Electrum detected a DoS attack on its network, allegedly launched by a malicious botnet with more than 140,000 machines, designed to provide Electrum to users.
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This isn't the first time Thatectrum has appeared in a fake version, with hackers developing a fake encrypted wallet, Electrum, in December, resulting in the theft of nearly 250 bitcoins worth about $1 million. In January, GitHub discovered a fake Electrum wallet called "Electrvm" designed to steal users' money. In February, users of encrypted wallets Electrum and MyEtherWallet reported that they were facing phishing attacks. (Stationer's House)
Slow fog alert: Bitcoin wallet Electrum "updates phishing" currency theft continues.
Researchers at the popular Bitcoin wallet app Electrum have uncovered a malicious shanzhai act aimed at stealing seed keys. The suspicious shanzhai wallet, called Electrum Pro, appeared online in March and has been labeled malware since.
Electrum ensures a secure, easy-to-use refrigerated wallet with multiple signature supports.