Dogecoin (DOGE) is now being used by crypto hackers after TikTok boom

 

Dogecoin’s usecases have seemingly evolved over time. The meme coin was initially created as a joke in 2014, turned into one of the hottest cryptocurrencies in 2015, became Elon Musk’s favorite in 2018, and was part of a TikTok challenge in 2020.

But things have taken a darker turn for the currency; hackers are now utilizing the token to control crypto mining botnets, security firm Intezer Labs said in a report this week.

Such DOGE, much hack

Intezer Labs, a New York-based malware analysis and detection firm, found out hackers using the infamous “Doki” backdoor have been using Dogecoin wallets to mask their online presence.

The firm said it had been analyzing Doki, a trojan virus, since January 2020 but recently discovered its use in installing and maintaining crypto-mining malware later. 


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