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Huge exploit found in Electrum wallet software
#1

Huge exploit found in Electrum wallet software

It mostly affects wallets that are not password protected.

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Developers of the Electrum bitcoin wallet have rushed out a security update today, to fix a vulnerability that would have allowed malicious websites to scan and discover users’ private keys. Only non-password protected wallets were exposed to risk of theft from the flaw, which was first reported a few months ago.

Anyone running Electrum is advised to shut down the application immediately and update to version 3.0.4, though Bitcointalk administrator Theymos advised against rushing to upgrade immediately, to “make sure everything is settled”.

The issue also affected Electrum derivative software such as the Electron Cash wallet for Bitcoin Cash and a version for Litecoin. however developer Jonald Fyookball posted on Github shortly after the patch release that Electron Cash had been updated as well.

[url=http://insidebitcoins.com/news/electrum-wallet-keys-could-be-snatched-by-malicious-websites/95832]http://insidebitcoins.com/news/electrum-...ites/95832


Reddit thread: https://www.reddit.com/r/Bitcoin/comment...erability/
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#2

Huge exploit found in Electrum wallet software

New versions for Electrum and Electron Cash are out.

https://electrum.org/#home
https://electroncash.org/

Electrum LTC is coming soon: https://electrum-ltc.org/
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#3

Huge exploit found in Electrum wallet software

Have you guys heard of the Exodus wallet? Is it any better? I usually store some of my funds on MyEtherWallet.com when I'm about to shoot money over for an ICO.
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#4

Huge exploit found in Electrum wallet software

Quote: (01-08-2018 12:28 PM)westcoastlink Wrote:  

Have you guys heard of the Exodus wallet? Is it any better? I usually store some of my funds on MyEtherWallet.com when I'm about to shoot money over for an ICO.

I used Exodus until I got a Ledger Nano S for Christmas. The main benefit was supporting multiple coins, although it was only a few of the ones I held.
It has built in Shapeshift if you need to do a quick exchange between supported coins (though I think Shapeshift doesn't generally give you a great exchange rate), while on the other hand lacking an advanced feature like setting your own transaction fee.

I haven't heard about any security disasters with Exodus yet. That said, get a Ledger.
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