http://www.ibtimes.com/dogecoin-digital-currency-similar-bitcoin-has-been-hacked-costing-its-owners-thousands-dollarsDogecoin, a bitcoin-like digital currency, has been hacked, costing owners of the currency more than $12,000, founders of the service confirmed on Wednesday.
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Reports of the hack first appeared on the Dogecoin forum, where many users reported that their funds were being stolen and sent to a different electronic wallet without their permission.
“Looks like somebody hacked and cleared my Dogewallet some minutes ago with a single transaction, I lost more than 1M,” one forum member reported.
According to the founders of Dogecoin, the attack was not targeted at individual accounts, and instead was aimed at the official Dogewallet page that was compromised so that all transactions were sent to a single account and not to their intended recipients, The Verge reported.
“We found many reports of Dogewallet transactions being sent to 'DQT9WcqmUyyccrxQvSrjcFCqRxt8eVBLx8,’” the founders said in a post on Reddit’s Dogecoin page. “We're currently looking at logs and have found thousands of attempts to hack our systems.”
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