Search results for Mishaboar
Crypto
Dogecoin community warns of \'bull trap\' as crypto rally extends
The cryptocurrency market extended gains for a third day, with $1.24 billion of short positions liquidated over the past 24 hours. Dogecoin rose 10.11 percent to $0.0842 in 24 hours and is up 21.33 percent over the past week. It climbed from a low of $0.069 on Aug. 19 to an intraday high of $0.0857, while XRP, Zcash and Bitcoin Cash also surged.
Crypto
BitBox hardware wallet urged to update after firmware security flaws found
BitBox, a hardware wallet widely used among bitcoin users, has fixed 2 major firmware flaws and users have been urged to update immediately. Dogecoin community figure Mishaboar called on BitBox users to upgrade their firmware after the company released its Dixence security update. BitBox said internal audits found and fixed several issues, warning that exploitation could allow installation of malicious firmware and theft of funds after unlocking the device.
Crypto
Dogecoin community warns offline wallets not necessarily safe, issues security alert on cold storage
A security warning has been raised over how Dogecoin is stored, with a community contributor cautioning that creating a wallet on a computer disconnected from the internet does not guarantee safety. Mishaboar said malware or compromised hardware and operating systems can capture seed phrases and later exfiltrate them when the device reconnects. He said keeping assets on exchanges is not a fundamental solution and urged users to diversify wallets, use passphrases and keep offline backups.