- dotTech - http://dottech.org -
Dogecoin, a Bitcoin mimic, gets its first major hack
Posted By Jeff Belanger On December 26, 2013 @ 11:26 AM In World Wide Web | No Comments
Dogecoin, a virtual currency similar to Bitcoin, has just suffered from its first major hack.
In the hack, roughly 21 million coins were stolen from Dogewallet.com, which is a site that acts as an online wallet for the currency, in the hack. Because a Dogecoin is worth roughly $0.00059 a coin, the amount stolen is close to $12,000 USD.
“The attack originated from the hacker gaining access to our filesystem and modifying the send/receive page to send to a static address,” said the founders of Dogewallet on their site. “We’re currently reviewing logs for information. The site is shut down right now.”
Dogecoin started as a parody of the Bitcoin, using the Doge meme  as their mascot. Dogecoin is like Bitcoin — a completely virtual currency — surprisingly has became somewhat popular in a niche way recently.
#team-ooga, the hackers who are believed to be behind the security breach, have also hacked another Dogecoin wallet site called Instadoge.net, and stole 300,000 Dogecoin, or $127 USD, from it as well. Bet they had a party after that.
[via Venture Beat ]
Article printed from dotTech: http://dottech.org
URL to article: http://dottech.org/141639/dogecoin-a-bitcoin-mimic-gets-its-first-major-hack/
URLs in this post:
 Image: http://dottech.org/wp-content/uploads/2013/12/dogecoin.jpg
 Doge meme: http://knowyourmeme.com/memes/doge
 Venture Beat: http://venturebeat.com/2013/12/26/dogecoin-a-virtual-currency-that-started-as-a-joke-gets-real-with-its-first-big-hack/
© 2008-2012 dotTech.org | All content is the property of its rightful owner.