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Electrum Wallet Flaw Allowed Servers To Trick Users Into Paying Hackers

Bitcoinist
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Electrum Wallet Flaw Allowed Servers To Trick Users Into Paying Hackers

Electrum, one of Bitcoin’s oldest software wallets, published a security advisory on Saturday describing a weakness that attackers were already abusing. TL;DR A bug in the Electrum bitcoin wallet let malicious servers slip fake pending payments into users’ transaction history. Users who tried to speed up a stuck payment with Replace-by-Fee could end up signing […]

Key Takeaways

  1. Electrum, one of Bitcoin’s oldest software wallets, published a security advisory on Saturday describing a weakness that attackers were already abusing.
  2. TL;DR A bug in the Electrum bitcoin wallet let malicious servers slip fake pending payments into users’ transaction history.
  3. Users who tried to speed up a stuck payment with Replace-by-Fee could end up signing […]
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.