Shiba Inu Warns Community About New Discord Scams

The Shiba Inu (SHIB) team has issued a warning to its community after new scams targeting token holders were discovered. These scams use fake Discord channels to trick people into giving access to their crypto wallets

The project’s developers are urging holders to stay alert, double-check all information, and rely only on trusted sources.

Scammers Use Old Discord Links to Create Fake Shiba Inu Servers

A new scam is targeting Shiba Inu’s online community. Criminals are taking old, expired Discord invite links and using them to set up fake Shiba Inu servers. These fake spaces look and sound almost exactly like the real community channels.

Once people join, they are told to verify their accounts. This often means connecting their crypto wallet or giving access to a dangerous app. If they do this, scammers can steal everything in the wallet within minutes.

The independent group Shibarium Trustwatch has warned that these fake servers can be very convincing. It advises users to only access Shiba Inu information through the official website, shib.io. The warning comes as reports show that such fraudulent activities have been increasing in recent weeks.

Concerns Grow After Wallet Compromise

Concerns within the community escalated after a user shared on X that their Shiba Inu: Deployer 1 wallet had been hacked. The individual claimed that several recent token launches linked to this wallet were not authorized.

Lead developer Kaal Dhairya confirmed that there was a breach but explained that the wallet involved is not linked to any active part of the Shiba Inu project. He also warned that any tokens coming from this wallet in the future should be treated as fake.

Shiba Inu Continues Development Despite Security Threats

Despite the recent security issues, Shiba Inu is still moving ahead with building and improving its technology. The team has updated its Shibarium developer hub. This comes with step-by-step instructions for operating validator nodes and creating applications on its Ethereum Layer-2 network.

This update is intended to strengthen decentralization and bring more developers into the ecosystem. This approach could make the project more resilient against future challenges.

The Shiba Inu project is also getting ready for a big change in how it is managed and run. Elections will soon begin to choose a lead visionary and DAO council members to manage its multi-billion-dollar token economy. This transition is part of a wider plan to operate as a fully decentralized digital network state.

However, some people are not happy with the current leaders of the project. Community members say Shytoshi Kusama has not been open enough with information. Groups like WoofSwap have also asked for leaders who listen more to the community’s concerns.

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