A malicious bitcoin wallet server could quietly swap a legitimate payment for a thief’s transaction, then wait for its owner to approve the theft. Electrum’s latest security patch closes that loophole after attackers exploited the flaw and stole funds.
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Attackers replaced legitimate transactions with fake ones, then waited for users to approve higher fees. At least one person lost bitcoin before developers patched the flaw.
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The warning comes as Gartner forecasts that more than 80% of specialist cloud providers will cease operating independently by 2030.
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A security researcher warned that the leaked shipping details could expose crypto holders to targeted scams and physical attacks.
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Big tech earnings arrive this week, with Microsoft, Alphabet, and Amazon all releasing quarterly reports. In their latest quarters, Google Cloud grew 82%, Azure 42%, and Amazon Web Services (AWS) 37%, while all three spent heavily on AI in…