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Dogewallet hacked - 21 Million Dogecoins stolen
- oscilloscope 13y agoDogewallet had been engaged in several sketchy security practices, such as not using https. It's unsurprising that funds were stolen. It will be interesting to see if security flaws like this cause as big a splash in the Dogecoin community, since it's sort of a big joke anyways.
- gregschlom 13y agoI'm surprised to see that some people were actually using this... Dogecoin... Very irreversible. So sorry.
- Tycho 13y ago21 million? Interesting number
- techtivist 13y agoTo put things into perspective it's ~USD 13000 (1dc= 0.00062$), combined. Not saying that it's not a serious matter. OP on the forum lost $600 which is sizable. But Dogewallet have stated on reddit that they will return all the investment and close down the site, which might arguably be better customer service then we have seen by Coinbase lately with much more money from individual investors at stake. Any ways, if cryptocurrencies are to be taken seriously and formally, these entities have to up their customer services, at least to a BOfA level, which isn't much to expect ;)
- TylerE 13y agoI suspect the "joke" is that the maximum possible number of bitcoins is ~21m.
- techtivist 13y agoAh! Now I feel stupid. Haha
- ballard 13y agoSo almost nothing compared to the current 8.3 million USD market cap of DOGE overall. This is a nonstory^2.
- rch 13y agoAnd the world spins on. I thought insecurity was an intended feature of dogecoin anyway.
- ballard 13y agoIt's pretty funny that enough people believe DOGE has value that the market cap is 11,768.50 BTC (8.3 million USD). http://www.cryptocoincharts.info/v2/coins/show/doge http://www.cryptocoincharts.info/v2/coins/show/doge Then again, the number of people that bought Icanhaz merchandise eg crap was nontrivial.
- cabbeer 13y agoBitcoin, Litecoin, Peercoin, Ripple, Namecoin pretty soon we'll have more digital currencies than standard ones.
- deleted 13y ago[deleted]
- meritt 13y agoso hacked such sneak bai coins gone, wow. many tears no doge
- itsprofitbaron 13y agoIf only HN allowed Comic Sans
- rch 13y ago$ jp2a ~/doge-tear.jpg > hn.txt Oh wait, wrong audience.
- kintamanimatt 13y agoThis might be the only time you'd be able to get away with such a comment on HN!
- whywhywhy5 13y agoThe thing about using a coin that was made for a joke, is the risk of non-serious developers and weak security.
- eigenrick 13y agoLearning that it was hacked is far less shocking than learning that someone actually gave a shit.
- skinnycow 13y agoYeah, dogecoin, the less serious coin.
- Xorlev 13y agoKind of what you get for attempting to speculate on a meme currency...
- Aloha 13y agoDidn't this service just launch too?
- aabalkan 13y agoYa dawgs go lawnch another virtuale coin'n get h4ck3d dat easy and komplain.
- almosnow 13y agohahaha
- Kapura 13y agoI thought that this was a joke digital currency. Literally the only other place I've ever seen it mentioned was on 4chan.org, where the threads about it made very clear that the point of dogecoin was to try to get speculators to drive up the price so that the coins could be dumped for a profit. This story is hardly newsworthy.
- techtivist 13y agoHere's the explanation from Dogewallet http://www.reddit.com/r/dogecoin/comments/1toz92/dogewallet_explanation/ http://www.reddit.com/r/dogecoin/comments/1toz92/dogewallet_... "the attack originated from the hacker gaining access to our filesystem and modifying the send/receive page to send to a static address."
- crystaln 13y agoI wonder if blockchain.info was hacked, how many bitcoins would be stolen, and if that would be enough to undermine the currency, or if bitcoin would move forward with the ownership even more centralized among early adopters, thieves, and speculators. (Yes, I know it's a javascript wallet - that doesn't mean it can't be hacked.)
- sarreph 13y agoInteresting how this post fell to 20th place in its first hour, whilst receiving over 50 up votes... Something tells me the way this is getting voted could be sketchy. Unless, of course, people aren't clicking the link through and just commenting/voting.
- kintamanimatt 13y agoPeople flagging might also account for it
- 3rd3 13y agoIsn’t it possible to trace the stolen coins? Wouldn’t it be a risk for the thief to spend or exchange any of it?
- cantbecool 13y agoDoes this crypto-currency have a chance of taking off?
- a3voices 13y agoYes, because it has a good story behind it.
- donpdonp 13y agoThe DOGE market on Cryptsy has held its value. The 21M stolen coins pale in comparison to even a single day of trading - last 24 hour volume report say 973M coins traded.
- trololoolol 13y agoThe number of people in this discussion not understanding a difference between a web wallet and a coin is too damn high...
- plantain 13y agoMy confidence in dogecoin as a viable alternative currency has been shattered.
- volker48 13y agoWhy anyone would use an online wallet is beyond me. Yeah your personal computer could be hacked, but a website with thousands of wallets and millions of coins is a much larger target.
- smtddr 13y agoIf you're day-trading, it's faster to stay on an online wallet. If your coins are offline, you may have to wait anywhere from an hour to more than a day for confirmations before you can use them online. When Litecoin prices started climbing today, I had to quickly get my Litecoin client up... resynced and send some coins to btc-e.com and wait for _six_ confirmations on the blockchain before I could sell/trade them. I'm just lucky I didn't miss the spike. That said, I'd rather risk missing out on peaks & valleys than suddenly losing thousands due to these kinda shenanigans.
- sneak 13y agowow
- fiatjaf 13y agoWhat happened to bearer certificates?