Electrum Wallet Has Been Hacked – It Was Stolen More Than 234 BTC – Worth The About $800K
The hacker setup a whole bunch of malicious servers.
If someone’s Electrum Wallet connected to one of those servers, and tried to send a BTC transaction, they would see an official-looking message telling them to update their Electrum Wallet, along with a scam URL.
The hacker has already stolen 200 BTC (nearly $800,000), at this one address (he has multiple receiving addresses).
UPDATE: The hacker seems to be consolidating his stolen BTC here (243.6 BTC; nearly $1 million):
UPDATE: Now I’m being quoted in news articles.
ADVICE: Ignore any “update” notifications in Electrum. I’m not 100% certain, but if you never downloaded the “update”, your wallet & funds should be ok. As for usage, I’d personally avoid using Electrum wallet for a few days, until the devs figure everything out (the vulnerability hasn’t been fully plugged yet).
Electrum Wallet Has Been Hacked – It Was Stolen More Than 234 BTC – Worth The About $800K – Source: https://www.reddit.com/r/CryptoCurrency