Electrum crypto wallet flaw turned payment speed-ups into a theft trap

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Electrum patched a flaw that allowed malicious servers to redirect Bitcoin payments initiated by users to an attacker’s address. The trap occurred when a user increased the fee on a slow payment to speed it up, causing a fake transaction to replace the legitimate payment and send the funds to the attacker. Developers received two reports, including one involving lost funds, and said the method did not require stealing private keys or compromising Bitcoin’s security. All versions before Electrum 4.8.3 are affected; the update adds checks on pending payments, and developers urged users to upgrade their software.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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