The popular Dogecoin wallet, MyDoge, recently had its official Twitter account hijacked, which prompted alerts around the cryptocurrency world.
Prominent Dogecoin enthusiast Mishaboar claims that hackers took use of the @MyDogeOfficial account, sending visitors to a fraudulent website that was aimed at Ethereum (ETH) wallet holdings.
Alarms have been raised by this incident, therefore people are being advised to exercise caution and not click on dubious links.
Accounts belonging to MyDoge, including those of its CEO, CTO, and other important employees, were also compromised, costing them their organisational credentials.
Swift response from MyDoge
MyDoge’s CTO, Alex, promptly informed the community after the intrusion that just the @MyDogeOfficial account had been hacked. The group is collaborating with X to find a quick solution to the problem.
Alex stressed that the self-custodial wallets and the MyDoge mobile app are safe and unaffected by the incident. He provided a comforting update, making it clear that the wallets are never in danger.
MyDoge, a well-known provider of a free and safe self-custodial Dogecoin wallet, is still putting user security first in the face of this obstacle.
Dogecoin (DOGE) sees massive transfers
In related developments, the market has seen a lot of action for Dogecoin (DOGE). Significant DOGE transfers occurred to and from well-known platforms like Coinbase and Robinhood.
This event honours Dogecoin’s tenth anniversary, which comes ten years after the lighthearted meme cryptocurrency first launched.
Dogecoin, which is proud of its durability and distinct place in the world of digital currencies, has grown into a significant participant in the cryptocurrency market over time.
