Popular Dogecoin influencer Mishaboar has issued an urgent warning to all DOGE investors and the broader community. Mishaboar has revealed that investors stand to lose all their coins if they fail to retrieve their private keys from the defunct Dogechain.info platform.

Final Deadline For Dogecoin Investors To Secure Private Keys 

In an X (formerly Twitter) post on November 18, Mishaboar delivered a critical warning to DOGE investors and holders, revealing that investors could permanently lose their Dogecoin holdings if they fail to download their private keys from the Dogechain.info, one of the most widely used Dogecoin wallets over the past decade. 

Mishaboar disclosed that Dogechain.info had officially shut down operations in July 2024 due to bankruptcy issues, prompting many users to raise concerns about how to retrieve and secure their private keys. 

In June 2024, Dogechain announced the closure of its website, urging users to quickly transfer their DOGE tokens from the platform and secure their keys. This platform was popular for storing and managing investors’ Dogecoin tokens, enabling them to interact exclusively with this meme coin for years. 

However, the recent closure of the platform has created a time-sensitive situation that could lead to severe consequences for Dogecoin holders if they do not adhere to present warnings. Mishaboar has issued December 31 as the deadline for all Dogecoin investors affiliated with Dogechain.info to download their private keys from the defunct wallet’s website.

The Dogecoin influencer has announced that failure to retrieve private keys before the deadline above would result in the loss of coins, as these keys are essential for accessing crypto wallets and recovering funds. Mishaboar has also reported receiving an alarming amount of emails from previous Dogechain users struggling to recover their wallets, highlighting that there was no method or strategy to recover lost funds if private keys are not backed up before the deadline. 

The Dogecoin influencer has advised investors to act quickly and use the “Wallet Backup” option on the Dogecoin.info website to download private keys and ensure they are stored safely offline. Moreover, for users experiencing issues with the website’s two-factor authentication, Mishaboar suggests contacting the appropriate wallet provider to help provide an adequate solution.   

Beware Of Phishing Scams

While he strongly advised investors to download their private keys on the Dogechain.info website to avoid losing funds, Mishaboar also disclosed the increasing prevalence of phishing scams. The crypto influencer has warned the community about an ongoing phishing scam targeting DOGE investors.

He revealed that users should be cautious and only interact with the official domain, Dogecoin.info. Mishaboar further disclosed a similar-sounding domain name, “Dogechain.com” has been associated with phishing attacks designed to gain access to users’ information and private keys and steal their funds.  

Featured image created with Dall.E, chart from Tradingview.com

Crypto exchange giant Binance on Wednesday caused a stir across the broader market, revealing plans to remove specific BTC trading pairs from its platform. Notably, the crypto exchange revealed that it is delisting particular BTC pairs for C98, IDEX, FIS, MBOX, REN, and TKO crypto tokens. In the wake of this delisting announcement, market participants remain bearish as the mentioned coins’ prices slipped 1%-4%.

Binance Announces Removal Of These Coins’ Cross & Isolated Margin Pairs

In an official Binance announcement dated November 20, the crypto exchange revealed that it will remove certain Cross & Isolated margin pairs shortly ahead. Per the announcement, the exchange will delist the Cross margin pairs C98/BTC and IDEX/BTC on November 27 at 06:00 UTC.

Further, the isolated margin pairs C98/BTC, FIS/BTC, IDEX/BTC, MBOX/BTC, REN/BTC, and TKO/BTC are to be delisted on the same date and time. These removals have in turn sparked concerns over looming price dips for the assets as one of the top crypto exchanges reduces trade offerings for them.

Intriguingly, Binance further added that “effective immediately, users will no longer be able to transfer any amount of assets of the aforementioned pairs via manual transfers or ‘Auto-Transfer Mode’ into their Isolated Margin accounts.” Also, starting November 21 at 06:00 UTC, the exchange will terminate isolated margin borrowing on the abovementioned pairs.

Moreover, on November 27 at 06:00 UTC, the exchange will close all of the users’ positions and kick off the automatic settlement process while also canceling all pending orders on these pairs. However, it’s noteworthy that users can still trade the asset on the exchange’s spot trading platform. Overall, the delisting announcement has urged a bearish market sentiment across the broader space, as also seen by the mentioned coins’ intraday price action.

How Are The Tokens Performing?

At the time of reporting, C98 price waned 2% intraday and is now resting at $0.1459. The coin’s 24-hour low and high were $0.142 and $0.1518, respectively. Notably, the slumping action follows the abovementioned delisting announcement.

Furthermore, IDEX price dropped roughly 1% over the past day, reaching $0.04033. Its intraday low and peak were $0.03915 and $0.04354, respectively. Simultaneously, FIS price slipped 2% over the past day and is now trading at $0.3464. The coin’s 24-hour low and high were $0.332 and $0.3645, respectively.

MBOX price cracked 4% intraday and is currently sitting at $0.1875. The coin’s 24-hour low and high were $0.1814 and $0.1949, respectively. REN price also mirrored a bearish movement in the wake of the aforementioned announcement, down 6% to $0.04049. Its intraday low and high were $0.03936 and $0.04322, respectively.

Lastly, TKO price slipped 1% over the past day and is trading at $0.315. The intraday low and high were $0.3054 and $0.3247, respectively.

Notably, the coins could witness further slumping movements in light of the exchange’s discontinued support as it offers users reduced flexibility to traders and investors. Simultaneously, CoinGape Media reported that Binance delisted four other tokens last month, sparking similar concerns over slumping price action.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.