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Bitcoin wallet Electrum users must upgrade to avoid theft

  • Electrum users must upgrade to the latest version to avoid attacks and possible theft.
  • DoS attacks to trick users into installing a Bitcoin-stealing malware into their wallets.

 

A Bitcoin wallet, Electrum has been pressing users to ensure they’re using the latest upgraded version and that it’s from an official source. If users find themselves urged to “update” by the client, they should know that there is no update mechanism within Electrum itself.

The popular crypto wallet has been facing massive DoS attacks designed to trick users into installing Bitcoin-stealing malware. Electrum Users are told they must Upgrade to Latest Version Currently, a massive attack targets the hundreds of servers that service Electrum wallets.

The attack is reportedly sending 25 gigabytes per second at various Electrum servers, to make them inaccessible. In this way, Electrum wallets particularly the older ones – are more vulnerable to connect to the malicious servers.

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