Bitcoin Wallet Comprise: Electrum Wallet Breach Costs Users Over $750,0004.8

According to emerging reports, the popular Bitcoin wallet software Electrum has been attacked costing those affected over $750,000 worth of Bitcoin. The security breach involved hackers tricking the wallet into urging users to make a critical update.

Those affected were then redirected to an unauthorised GitHub repository where an unofficial update was made to the software. Although stopped for now, the Electrum team believes that more attacks could be on the way.

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