Shiba Inu Official With Stark Warning Regarding Shibarium

2023-08-16 13:54:44

The community is eagerly anticipating today’s announcement, and many seem to believe that it will be related to the up-and-coming layer 2 scaling solution developed by Shiba Inu – Shibarium.

Meanwhile, Shiba Inu’s marketing strategist took it to X to warn users of potential fraudulent actors, outlining one of the popular attack vectors.
Lucie emphasized that Shibarium is open for anyone to build on, akin to Polygon, Ethereum, and other blockchains. Herein lies the issue.

Regrettably, this also provides an avenue for bad actors to develop scam dApps and rug-pull tokens, among other things.

The official stressed that the incorporation of terms like “Shib” and “Shibarium” in the names of such projects holds no credibility, urging users to prioritize their safety.

Prioritize research: delve into their Telegram and Discord channels, gauge the community’s atmosphere, scrutinize their social media posts, and check Etherscan.

The warning comes at a critical moment because the community is eagerly anticipating a major announcement today during the conference in Toronto.
Many believe Shytoshi Kusama will reveal the launch of the much-anticipated Shibarium, but just as many are skeptical of it.

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