According to U.Today, a Twitter account known as 'Shibarmy Scam Alerts' has warned the Shiba Inu community about a new fake account impersonating the pseudonymous SHIB leader, Shytoshi Kusama. This alert follows a similar warning about a fake account of top SHIB developer Kaal Dhairya. The fake accounts are often created by scammers to mislead users with false information and direct them to fraudulent websites to steal their funds. They also aim to gather personal details of users for malicious purposes. The Shibarmy Scam Alerts account advises the SHIB community to maintain contact with official members of cryptocurrency projects and cautions that no SHIB team member will ever privately ask for personal data or request to connect their wallet to any platforms.
Earlier this week, SHIB team member Lucie shared an important message from Kusama to the Shiba Inu community. Kusama announced a new version of the ShibaSwap decentralized exchange – 1.75, which he had previously promised to launch. The upgraded DEX is designed to be a dynamic marketplace for community tokens, offering a variety of unique projects and causes. ShibaSwap now operates on the Ethereum blockchain and has been bridged to Shibarium, a development that Lucie emphasized as crucial for Shibarium users. However, she also noted that the development of Shibarium is still ongoing.
In other news, during the recent Token 2049 event in Dubai, Tron founder and crypto billionaire Justin Sun spoke positively about SHIB and other meme coins. Despite their perceived lack of utility, Sun praised these coins for highlighting the power of community in the crypto world. This sentiment echoes a previous statement by cryptocurrency influencer David Gokhshtein, who suggested that DOGE and SHIB have the potential to attract a large number of new users to cryptocurrency, and Bitcoin in particular.