A phishing attack on the Electrum wallet network has possibly managed to steal around 245 bitcoins, worth over $880,000 at today's prices.
Warning of the attack on Thursday, the firm tweeted: “There is an ongoing phishing attack against Electrum users. Our official website is https://electrum.org Do not download Electrum from any other source.”
The bad actor set up the attack by creating multiple fake servers on the Electrum wallet network. As a result, when wallet users that connected to those servers attempted to broadcast a bitcoin transaction, they received an error message providing a malicious link to malware disguised as an updated wallet, the firm explained on its Github page.