By Akir - 20.02.2020
Bitcoin stolen 2020
In , scammers stole roughly $5M in Bitcoin from unsuspecting victims. In the first quarter of , users had nearly 5x that amount stolen. On July 15, , between and UTC, reportedly high-profile Twitter accounts Three individuals were arrested by authorities on July 31, and charged with wire fraud, money laundering, identity theft, and unauthorized.
The owner wanted to transfer 1 BTC and for bitcoin stolen 2020, he reinstalled the Electrum wallet, but 2020 no deposit bonus casino mistake he made was to install the file that was built in bitcoin stolen 2020 On launching the wallet, a pop-up appeared with a prompt message to upgrade to a newer version.
The user agreed and bitcoin stolen 2020 was how bitcoin stolen 2020 hackers managed to steal the BTC. bitcoin stolen 2020
Was the security of the Electrum wallet at fault? Since bitcoin stolen 2020 Electrum wallet is a thin client, it must be connected to the blockchain via a server each bitcoin stolen 2020 it is opened and anyone can operate this server.
In the event that a transaction is invalid, the Electrum server may send bitcoin stolen 2020 error message bitcoin stolen 2020 the bitcoin stolen 2020 of a pop-up displayed on the client.
However, previous versions of Electrum allowed any text to be displayed on the pop-up.
The hack exploited this bitcoin bitcoin stolen 2020 2020 by setting up a server that did not commit any transaction, but instead sent a pop-up prompting the user to update their client.
The pop-up referred to a phishing site, where the user was prompted to install malware.
Be careful with hot wallets! Although the safety of Electrum is not in question, the user would not have suffered this BTC hack if he had used a cold wallet.
When using a hot wallet it is always advisable bitcoin stolen 2020 download the latest version of the software, also check the source beforehand to ensure the bitcoin stolen 2020 security of your bitcoins.
However it is preferable to use a hardware wallet to be totally secured. Related Posts.
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