Feeds

Supposedly secure Dogecoin service Dogevault goes offline

Much worry. So familiar. Such losses

Next gen security for virtualised datacentres

Dogevault.com, a site that claims to hold the cryptocurrency Dogecoin in conditions of optimal security, has gone down.

The site now consists of the following message:

Notice: We apologise for the downtime, a press release will be posted here within 24 hours. Please do not transfer any funds to Dogevault addresses while our investigation is under way. Email support@dogevault.com for any enquiries.

Speculation is rife in posts like this Reddit missive that the site was hacked, taking with it at least 950,000 Dogecoin. Another report suggests up to 111 million Dogecoin seem to have mysteriously appeared in a “mega wallet” linked to Dogevault.

With the Dogecoin to $USD exchange rate running at 1000:$0.46, that's about $51,000 hardly the millions suspected to have evaporated from Bitcoin exchange Mt Gox but still a nasty lot of cryptocash to lose.

If Dogevault has indeed been fatally compromised it will make it harder to sustain cryptocurrency enthusiasm: whatever the upsides of the concept, security of some participants clearly needs to be tightened. ®

The essential guide to IT transformation

More from The Register

next story
Goog says patch⁵⁰ your Chrome
64-bit browser loads cat vids FIFTEEN PERCENT faster!
Chinese hackers spied on investigators of Flight MH370 - report
Classified data on flight's disappearance pinched
NIST to sysadmins: clean up your SSH mess
Too many keys, too badly managed
Scratched PC-dispatch patch patched, hatched in batch rematch
Windows security update fixed after triggering blue screens (and screams) of death
Researchers camouflage haxxor traps with fake application traffic
Honeypots sweetened to resemble actual workloads, complete with 'secure' logins
Attack flogged through shiny-clicky social media buttons
66,000 users popped by malicious Flash fudging add-on
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.