Electrum Hack
REPORTED LOSS
$15.0M
What happened
Quick Summary
Two Electrum wallet users reported Bitcoin theft, one user lost 1,400 BTC due to a malicious update.
Details of the Exploit
Two users of the Electrum wallet have reported their Bitcoin holdings stolen. One of the users suffered a significant loss of 1,400 BTC. The user installed an old version of the Electrum wallet and when attempting to transfer about 1 BTC, a pop-up appeared stating a security update was required before proceeding.
After installing the prompted update, the entire balance of the user was immediately transferred to a scammer's address.
Case & protocol details
Classification
Other
Protocol Type
Exploit/Access control
Official Website
electrum.org/
Protocol Twitter/X
@ElectrumWallet
Evidence & learning
Attack pattern
Compare incidents →Sources and on-chain records
- report Report cointelegraph.com
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