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The Dogecoin community is raising money for victims of Christmas hack

29
Dec
2013

Users of the half-serious virtual currency Dogecoin are raising 30 million coins, worth about $13,545, in order to reimburse victims of a massive Christmas heist. Two days ago, hackers broke into two major wallets, Dogewallet and Instadoge, and made off with dogecoins belonging to shibes, the communitys term for Dogecoin users. In order to reach the moon we have to take care of each other and keep the spirit of community and faith in each other and the services that help spread the love of dogecoin, writes Ben Doernberg, one of the eight members of the Dogecoin subreddit who started the fundraising effort. Dogecoin is based on the cryptographic currency Litecoin, which is in turn based on the open source code for the better-known virtual currency Bitcoin.

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