Dogecoin’s wallet provider, Dogechain, has announced the discontinuation of its wallet services. In an email sent to all registered users recently, the wallet provider has outlined the steps users are required to take to prepare for the closure. As a key element of the DOGE ecosystem, the wallet enables users to securely store, send, and receive Dogecoin. The management advises all users to transfer their funds to other wallets or exchanges before the service becomes inaccessible. Nevertheless, the reasons for the shutdown have not been revealed thus far.
Dear Dogecoin, listen to @_nformant! Make sure to move your Doge out of http://dogechain.info (only use the .info domain!) before June 1st. Keeping a copy of Dogechain’s wallets’ private keys is also important; in case you still have the addresses in use somewhere, this will allow you to recover funds you might inadvertently send or receive there in the future.
As per the email, Dogechain has urged users to take precautions when handling digital assets and avoid clicking directly on links. Instead, they should manually type the address into their browser to ensure they are visiting the official site. This caution is made particularly in light of past phishing attempts where attackers used the similar-sounding domain “dogechain.com” to deceive users. The official and safe website is located at http://dogechain.info, lead developer Mishaboar wrote.
The Dogechain team has provided detailed instructions and support for users to smoothly transition their funds to other services. They have also set up a dedicated support team to assist with any queries or concerns during the transition period.
Dogecoin Surpasses Historic Bitcoin Transaction Record
Meanwhile, in a significant development, the OG meme coin has completed two million transactions in a single day, surpassing the highest transaction record set by Bitcoin 14 years ago. This surge in activity comes as anticipation builds around the upcoming integration with ‘X Payments’, significantly increasing the probability of a market explosion for Dogecoin. The milestone highlights the growing acceptance and usage of Dogecoin in the digital currency space, potentially setting the stage for more widespread adoption shortly.