Dogecoin Developer Issues Warning To DOGE Community About Online Wallet Risks

Prominent Dogecoin developer Mishaboar recently posted an urgent security advisory for holders of the popular meme-inspired cryptocurrency.

In a tweet thread, Mishaboar warned about an email circulating that encourages users to withdraw funds from, a long-running Dogecoin online wallet provider.

While confirming the email is legitimate, Mishaboar cautioned users to manually type into their browser rather than clicking any links to avoid potential phishing scams. The developer noted the .com version of the domain has been linked to past fraud attempts.

For users locked out of their wallets due to two-factor authentication issues, Mishaboar advised contacting Dogechain’s developers at for account recovery assistance. However, lost passwords cannot be recovered, given that they encrypt users’ wallets.

Above all, Mishaboar stressed that cryptocurrencies should never be stored long-term on online wallets, even if encrypted. Such wallets can be hacked, go rogue, or suffer security breaches.

Instead, the developer strongly recommended using self-custodial wallets where users control their private keys. Backing up wallet seed phrases offline was also emphasized as a best practice.

Read also:

The abrupt warning highlights how even well-established services like Dogechain carry risks. While web wallets provide convenience, holding one’s own private keys in a self-hosted wallet better guarantees security.

Heeding calls from respected community developers like Mishaboar to take precautions allows Dogecoin users to enjoy the project’s lighthearted ethos while still protecting their holdings.

We recommend eToro

74% of retail CFD accounts lose money.
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy thetrades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of


Sarah Wurfel
Sarah Wurfel

Sarah Wurfel works as a social media editor for CaptainAltcoin and specializes in the production of videos and video reports. She studied media and communication informatics. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies.