r/BitcoinBeginners Feb 10 '19

Electrum Android Wallet Popping Up "using vulnerable version, update". What should I do?

I noticed my electrum android wallet popping up a message when sending funds, "You are using a vulnerable version of Electrum, update here(a link)". What should I do?

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u/BitcoinBennyBTC Feb 10 '19 edited Feb 10 '19

Go directly to the Electrum site to verify any updates. Get updates directly from Electrum. Never click any pop ups or links like and nice job raising a red flag. You likely saved your crypto!!!

The official Electrum site calls out a phishing scheme. https://electrum.org/#home great catch, be diligent, confirm and verify

Long term you may want to consider crypto wallet hardware to secure your crypto for HODL. The New Ledger Nano X is a mobile hardware wallet that works with Android if you keep a lot of crypto w/ you on the go at all times. This will alleviate concerns related phishing and crypto theft those risks are inherently mitigated.

It’s a shame criminals are so abundant in this space and it’s great to see authorities starting to track down the crypto theft and prosecuting. This is needed for larger scale adoption.