UPDATED SAT 24 OCT · 23:15 UTCLIVE
SecurityHigh

Electrum Bitcoin Wallet Critical Vulnerability Exploited In The Wild

Electrum disclosed a high-severity exploit allowing malicious servers to redirect Bitcoin to attackers when users try to increase transaction fees — confirmed active in the wild.

What we know

An account on X reported Electrum's official disclosure of a critical vulnerability: malicious servers can trick users into sending Bitcoin to an attacker's address when bumping fees (RBF). The attack is confirmed exploited in the wild. The tweet reached 25,661 views with 265 likes and 53 RTs — significant traction for a security alert. Electrum users should update immediately or avoid fee bumps until patched.

How the story developed

24 Oct · 23:15 UTC

Electrum disclosed a high-severity exploit allowing malicious servers to redirect Bitcoin to attackers when users try to increase transaction fees — confirmed active in the wild.

24 Oct · 13:14 UTC

Electrum has released version 4.8.3 patching a critical security flaw; all users are urged to upgrade immediately, with full vulnerability details to be disclosed later today.

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.