The software wallet (Electrum 4.3.2) hacking incident experienced by julerz12, what was possibly the cause?
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What do y'all think?
He allegedly kept the funds in a "
Hot wallet" so there are a lot of possible scenarios in that case.
Google "
hot wallet issues" for some insights.
He had the option to create MultiSig, 2FA or connect his hardware wallet (
which he mentioned that he has one) but used a standard wallet instead to escrow funds.
As for Electrum, there was a recent vulnerability found in BIP70 payment request:
https://github.com/spesmilo/electrum/security/advisories/GHSA-4fh4-hx35-r355But that wont directly lead to loss of funds, read the security advisory and the linked commit below it for more info.