09/04/19 09:00 UTC-4

140,000 bots hacked into Electrum's Bitcoin wallet server: millions of dollars were stolen

140 thousand bots stole millions of dollars as a result of Electrum hacking
140 thousand bots stole millions of dollars as a result of Electrum hacking

For several days already, Electrum's Bitcoin wallet servers have been under the DoS hacker attack. During this time, several million dollars in Bitcoins were stolen from wallets. The news was posted on the company's Twitter account,  as well as in The Next Web. 

Interesting in the section: Bitcoin Diamond – the controversial type of Bitcoin


DoS attacks on Electrum wallets

More than 14,000 bots make the attack, offering users to upgrade their Electrum wallet software. During the update, the client is transferred to the fake site, and when the wallet is restarted, all Bitcoins are removed from the account.

According to sources, several million dollars have been stolen at BTC now. Wallet security services ascertained the theft of 140,000 Bitcoin from one client repository. In this case, more than a hundred Electrum Wallet hacked. The wallet development company warns that it is impossible to update the service software, the global "native" updates were disabled on April 7th.

"Currently Electrum servers are under DoS attack. We are working on a more reliable version of the Electrum server. In the meantime, users must turn off automatic connection and manually select their server", – Electrum, Twitter.

Interesting in the section: Basic principles of work of Tezos

140 thousand hacker bots broke into Electrum's Bitcoin wallet servers and stole millions of dollars. Recall that on March 30, Bithumb, the South Korean stock-exchange, was also hacked by hacker bots,  and on March 24, the Dragon exchanger suffered from malicious attacks.

Editor: Jerg Wos

See also: "OpenBazaar 2019: a new social network, Haven, with its own cryptocurrency"

#Electrum #breakinginto #Bitcoin #DoSattack #cryptocurrencywallet #cryptocurrency #wallet



17/05/19 06:00 UTC-4

#DropGold Bitcoin movement is now on American TV channels

​On May 16, it was reported that the popular American TV channels, National Geographic and Fox News, will broadcast a video ad for the DropGold movement. As it became known, the project was financed by Grayscale Investments and Barry Silbert.

03/05/19 09:00 UTC-4

Vitalik Buterin: Ethereum for people!

​On May 3rd, the Ethereum cryptocurrency developer stated that Ethereum coins are intended primarily for ordinary people. According to Vitalik Buterin, cryptocurrencies should become easier and more reliable.

20/05/19 10:08 UTC-4

WhatsApp messenger now supports Bitcoin and Litecoin payments

​On Sunday, May 19th, developers from the Zulu Republic team reported on the implementation of a special bot for crypto transactions inside the WhatsApp messenger. Now the WhatsApp network can make payments in Bitcoins and Litecoin.

Hypes, funds, fiat money