DogeVault: A hack to this online wallet shows why you should never use online wallets

One of the most important Dogecoin online wallet has been hacked the 11th of May. As the admin says:

On the 11th of May, the Doge Vault online wallet service was compromised by attackers, resulting in a service disruption and tampering with wallet funds.

As soon as the administrator of Doge Vault was alerted, the service was halted. The attackers had already accessed and destroyed all data on the hosted virtual machines.

We are currently in the process of identifying the extent of the attack and potential impact on user's funds. This involves salvaging existing wallet data from an off-site backup. We will also closely be investigating potential attack vectors, and determining the security breach which enabled the attacker's to compromise the service.

Please do not transfer any funds to Doge Vault addresses while our investigation is under way.

Thank you for your patience - we will issue an additional statement including our findings and plan of action within the next 24-48 hours.

Email support@dogevault.com for any enquiries.

Doge Vault.

As we also knew with inputs.io this also shows us that storing virtual coins on online wallets is a better way to store Dogecoins but not very secure. I have to say I used this wallet and I actually don't know if my doges are stolen. I will inform you when I got more information.