- Dogecoin holders are advised to act on a security alert issued by community member Mishaboar.
- The alert hinges on safeguarding assets from the Dogechain dot info website.
Prominent Dogecoin (DOGE) community leader and developer, known by the moniker Mishaboar, has recently issued a vital security advisory aimed at all Dogecoin holders.
The DOGE Holders Alert
In a post on social media platform X, Mishaboar sounded the alarm about a circulating email that has been urging Dogecoin users to withdraw their funds from the “Dogechain dot info” website. This website has been known for offering an online wallet for Dogecoin holders over an extended period.
The post reads, “Dear #Dogecoin, an email has been circulating encouraging users to withdraw their funds from dogechain dot info, which has offered an online wallet for a long time” The email, according to Mishaboar, is legitimate, and it is urging users to take action.
However, Mishaboar advises Dogecoin holders to manually type “dogechain dot info” into their web browsers, rather than clicking on links provided in the email. This simple yet critical step, according to Mishaboar can help protect against phishing attempts that could lead to the compromise of users’ Dogecoin holdings.
Mishaboar pointed out that the “.com” domain has been linked to scams and phishing attempts in the past. In 2021, the domain “dogechain.com” was used by scammers to steal user credentials, hosting a copy of “dogechain.info” with a keylogger that transmitted login information to attackers.
Key Recommendations from Mishaboar
In an industry that promotes decentralization, protecting investments is critical. Mishaboar’s recommendations outline how Dogecoin holders can protect themselves from scams and phishing attempts while also securing their digital assets. Vigilance, education, and proactive security measures are the keys to a safe and prosperous crypto investment journey.
The security recommendations from Mishaboar extend beyond this specific incident. The developer emphasizes a few general practices that Dogecoin holders and crypto enthusiasts should incorporate into their routines to ensure the safety of their digital assets.
If users encounter problems related to Two-Factor Authentication (2FA), Mishaboar advised reaching out to the website’s developers at “block.io” for support. Users may be asked to sign a legal document to disable 2FA authentication, provided they still possess the rest of their wallet’s login information. However, it’s important to note that the password used for encryption cannot be recovered.
Finally, Mishaboar reiterated the importance of not holding crypto in an online wallet, whether encrypted or not. Online wallets are susceptible to hacking, developers going rogue, or the website being compromised. Instead, he advised Dogecoin holders to use self-custodial wallets and to back up their keys offline, emphasizing the significance of security best practices in the crypto space.
Mishaboar’s security advisory serves as a critical wake-up call for the Dogecoin community, highlighting the ongoing security threats that persist in the crypto space. As Dogecoin continues to gain value and recognition, it attracts the attention of malicious actors seeking to exploit unsuspecting users and everyone need to be well informed.
