Moshaboar Gives Security Tips For The Dogecoin Community, Check Here!

Dogecoin developer Myshaboar has warned the DOGE community to be careful of hacking attacks. (Photo; Doc. BTC Echo)

JAKARTA - Dogecoin (DOGE), a cryptocurrency inspired by the Shiba Inu dog meme, has become a phenomenon that has shocked the crypto world. However, its popularity also carries a high security risk, especially for Dogecoin holders. This was proven by the hacking of the MyDoge wallet Twitter account. Hackers tried to trick users with the lure of doubling their DOGE.

The hack took place on January 29, 2024, when the MyDoge wallet Twitter account, which has more than 100,000 followers, was hacked by an irresponsible party. The hackers then changed the account name to "Elon Musk" and turned the profile photo into a photo of the Tesla CEO. They also sent a number of tweets claiming that Elon Musk would double every DOGE sent to a specific wallet address.

These fake tweets managed to trap many Dogecoin users, who may be tempted by sweet promises from people who are considered Dogecoin's main supporters. However, not long after, the MyDoge wallet Twitter account was successfully restored by his team, and the fake tweets were deleted.

The MyDoge wallet team also issued an official statement apologizing for the incident and reminded users to be careful with such frauds. The hacking incident also drew reactions from one of the main contributors and developer Dogecoin, known as Moshaboar.

He issued a stern warning to Dogecoin holders to increase their vigilance and security measures, given that Dogecoin is the main target for hackers and fraudsters. He also asked Twitter support to take firm action by temporarily disabling reported accounts of committing fraudulent activities to protect the Dogecoin community.

Not only that, but Moshaboar also shared cybersecurity tips with the Dogecoin community. This security tip is aimed at new individuals in the crypto world. Moshaboar appealed to Doge users to be skeptical of offers that promise wealth quickly.

He also stressed the DOGE community and crypto to be careful when faced with lucrative offers, such as promises of free cryptocurrencies or airdrops in exchange for sending DOGE or connecting wallets. He also appealed to crypto users not to share the phrase "recovery of digital wallets" or the seed phrase to anyone.

In addition, Moshaboar also advises Dogecoin holders to use secure and trusted wallets, such as official Dogecoin wallets, physical wallets, or wallets that support two-factor authentication. He also suggests storing the seeds of phrases in a safe and separate place from the wallet, as well as using strong and unique passwords for each account.

Then, the Dogecoin contributor also reminded the community not to click on links or download suspicious files, and always check wallet addresses before sending or receiving DOGE.