Hack history / 2020 / Hack or exploit
Electrum
Hack or exploit on Aug 30, 2020 · Fake software update
ONE SOURCE · 1 SOURCE
Lost
$16M
dollars at the time
Returned
none listed
as the sources state it
Rank
#227
among thefts by dollars lost
What happened
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.
Details
- Date
- Aug 30, 2020
- Kind
- Hack or exploit
- Method
- Fake software update
- How in
- Keys, accounts and infrastructure
- Target
- Wallet
- Chains
- not stated
Reported by
Cite this page
SwanBluechip, "Electrum hack, Aug 30, 2020: $16M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htbf85ab9167/ (data as of 2026-11-01).