Security Incident · Wallet
Electrum Fake software update: $16.00M Reported Loss
GitHub user "1400 BitcoinStolen" said that a huge amount of his Bitcoin money had disappeared in the hack.
- Reported loss
- $ 16,000,000
- Attack category
- Fake software update
Incident Overview
This user uses a bitcoin purse Electrum, the user has no security update the software, so when he transfers the currency, it prompts to update and fix potential problems, but when he according to tip operation, the software takes advantage of a vulnerability to connect the hacker server, 1400 bitcoins (worth $16 million) is placed into the hacker's wallet.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.