30.01.2024
Hacker hit the most popular Dogecoin wallet
30.01.2024
Mirjan Hipolito
Cryptocurrency and stock expert

​On January 29, a record 247,240 new DOGE addresses were created, which is a new high. The number of new Dogecoin addresses increased by 1,100%, which boosted investors' confidence in the possible growth of the DOGE cryptocurrency to the level of $0.1. 

Against this background, it became known about the attempted hacking of the most popular Dogecoin wallet, MyDoge. This was reported on the official page of MyDoge in X (ex-Twitter).

The developers managed to fend off the exploit attempt: "We have regained control, removed the attacker, and informed X about the situation." 

It turned out that the rogue had previously gained access to the MyDoge account and was now using the previously added "Delegated Access," which had gone undetected until now.

 The developers warned users to take precautions to stay safe by checking their privacy settings. "Everyone should check the 'Delegated Access' section of their personal X account," they said. 

According to a comment from MyDoge, the unauthorized access to the page was an attempt to take control of the X account. The hacker was able to post to the account using delegated access. A few weeks ago, X's official MyDoge account was compromised, along with its CTO, CEO, and other key personnel. However, MyDoge Wallet quickly regained control of the X account when it noticed the addition of delegated access. 

MyDoge removed the attacker and notified X of the situation. It is also important for users to be vigilant. 

Users can now rest easy, as MyDoge Wallet's caution is commendable. 

At the time of writing, the value of DOGE was $0.08125. 

At the same time, crypto analyst Ali (@ali_charts) notes that the Dogecoin network is experiencing a stunning spiral of growth and could begin a wave of upward movement. Linked Dogecoin (DOGE) is showing epic dominance in this network index. The expert predicts that the steady trend of network expansion could soon have a positive impact on DOGE prices.

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