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Electrum Wallet Phishing Attackers Steal USD 22M in Bitcoin - Report


Bitcoin (BTC) thieves are amassing a fortune in stolen crypto funds – using a devious Electrum wallet exploit that allegedly tricked one user out of a staggering BTC 1,400 (USD 16.1m). Per a report from ZDNet, criminals have developed an “attack pattern that has been reused in multiple campaigns...

Criminals Target Privacy Coins: How To Avoid Downloading Fake Wallet Apps


Reports in the past few weeks detail that bad actors are targeting two privacy coin projects, Monero and Zcash, adding to concerns about the growing rate of security incidents involving blockchain networks. Such incidents, as well the repeated 51% attacks on the Ethereum Classic network or...

Bitcoin Security 101: How to Create a 2 of 2 Multi-Signature BCH Wallet


In the world of cryptocurrencies, there’s a lot of discussions and lessons when it comes to digital asset security and one of them is multisig wallets. The term multisig stands for multi-signature and the following post will teach anyone how to create a 2 of 2 multisig wallet. Years...

Bitcoin Wallet Electrum Will Support Lightning Network in Next Release


The Bitcoin wallet Electrum tweeted on October 14 that it will support the Lightning Network (LN) in its upcoming release. The announcement revealed that the company is set to install a more efficient inbuilt Python-based system. Integration with the Lightning network will be done after the release...

Devs Remove BIP70 Payment Protocol From Bitcoin Core’s Default Settings


Cryptocurrency advocates have recently discovered that Bitcoin Core (BTC) developers are planning to disable the payment protocol BIP70 supported by default in the Bitcoin Core version 0.19.0 client. According to developer discussions, full BIP70 support might be removed by version 0.20.0. Also...

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