Dogecoin Lead Dev Shares Important Security Message for DOGE Holders

Dogecoin

Renowned Dogecoin creator and community leader Mishaboar has now released an important security alert for all Dogecoin owners. The developer alerted users about a circulating email that encouraged them to withdraw their money via the “Dogechain dot info” website in an X post.

The post’s most important lesson is that this email is real.

It is recommended, however, that users enter “dogechain dot info” into web browsers directly rather than opening the email’s links. In order to defend against phishing attacks, this is an essential step. Mishaboar emphasises how crucial it is to independently verify the information and notes that Dogechain’s “.com” domain has been connected to phishing and scams.

https://x.com/mishaboar/status/1721221396435542240?s=20

Due to missing 2FA authentication, several users have had problems with their wallets. If this is the case, users can contact the website’s creators for assistance; if alternative login information is available, they might request a legal document to stop 2FA authentication, according to a DOGE enthusiast.

Security first

Mishaboar generally advises against storing cryptocurrency in an online wallet, encrypted or not. Online wallets are vulnerable to website breaches, possible developer malfeasance, and hacking. The creator fervently supports the use of self-custodial wallets and stresses the necessity of often backing up keys and offline storing of seed phrases.

He urges beginners to use caution when interacting with smart contracts, especially NFTs, and suggests retaining only modest amounts in hot wallets, such as smartphone wallets.

Finally, the chief creator of Dogecoin emphasises the need of keeping control and security over one’s cryptocurrency holdings by reminding people to remove their money from exchanges.

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