Digital Asset
Intelligence
Security Incident · Wallet

Electrum Fake software update: $16.00M Reported Loss

·Historical incident record

Incident Overview

GitHub user "1400 BitcoinStolen" said that a huge amount of his Bitcoin money had disappeared in the hack. 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.

More Security Incidents

View All →
  1. Incident date
    Target

    Electrum

    Attack methodFake software updates
    Reported loss$ 22,000,000
  2. Incident date
    Target

    Electrum

    Attack methodPhishing attack
    Reported loss2,000 BTC
  3. Incident date
    Target

    Ledger

    Attack methodInformation Leakage
    Reported lossNot disclosed
  4. Incident date
    Target

    Chainlink

    Attack methodSpam attacks
    Reported loss700 ETH
  5. Incident date
    Attack methodScam
    Reported loss$ 30,000,000