- The Shiba Inu security team, Subarium, advised the customer to book the official Shibaswap website, never pass on sensitive information and verify links to protect their money.
- Shiba Inus L2-Chain Shibarium has now exceeded 10 million blocks, the number of Onchain owners is 1.5 million.
Sixbarium, a security company focused on Shiba, has recently reported that fraudsters are now trying to steal the assets of the Shibaswap users as part of a new security violation. Fraudsters in the crypto industry have always developed new tactics to cheat users and steal their money. Recently, these evil actors have targeted the users of the decentralized stock exchange of Shiba Inu, Shibaswap.
Shiba Inu users have to take care of fake Shibaswap
The security company Sstarium, which specializes in Shiba Inu, also known as “Shibarium Trustwatch”, has now published a warning of fraudsters who are trying to take over and loot in Shibswap user accounts. The platform also informed that the criminal fake Shibaswap websites have set up that look deceptively real. In a tweet Fixed Sstarium:
“Fake Shibaswap. Cybercriminals Create fake Shibaswap pages to steal your assets. Check the URL before accessing the platform or connecting your wallet. The only official Shibaswap website is Shibaswap.com.”
The SISBARIUM team also recommends preventive measures for Shibaswap users to protect their assets and prevent them from becoming victims of fraudsters:
- Place a bookmark on the official Shibaswap website so that you can access it quickly and safely.
- Under no circumstances pass on your seed phrase or your private keys.
- Always check the authenticity of the left that is shared online or in community forums.
The security team has not given any detailed information, but there is a suspicion that the fraudulent Shibaswap websites are connected to wallet drainings, which looted the wallets as soon as they are connected.
As reported last month, Shibaswap has introduced an upgrade with extended liquidity pools, higher transaction pace and an improved user interface.
Layer 2 Shibarium network reaches milestone
Shiba Inus Layer-2 Blockchain solution Shibarium has experienced a sudden increase in activity, with the total number of blocks exceeded the significant milestone of 10 million. In order to strengthen the excitement, Shiba Inu has achieved another important breakthrough.
According to Lucie, the pseudonymous marketing strategist behind the L2 scaling solution, the number of on-chain owners of the meme coin has increased to impressive 1.5 million.
The Shiba Inu Community has announced an important update for its Layer 2 scaling platform Shibarium, which could change the process of introduction within the ecosystem. The proposed upgrade would enable users to identify promising tokens of the ecosystem at an early stage, which offers the potential for first-mover advantages, as mentioned in our last news contribution.
The cryptocurrency Shiba Inu (Shib) is currently trading with an increase of 2.50 % at $ 0.00001281 and a market capitalization of $ 7.55 billion. However, the daily trading volume has dropped by $ 20 % to $ 143 million.
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