Shiba Inu Team Warned of Misleading SHIB Addresses on CoinMarketCap

According to a tweet sent from the verified Shiba Inu Twitter account, CoinMarketCap intentionally listed 3 fake smart contract addresses of SHIB.

  • The team, therefore, warned that these addresses found on the Binance Smart Chain, Solana, and Terra are not safe to use.
  • Going even further, the team warned users not to interact with these contracts and not to purchase SHIB from them because the “funds will be irreversibly lost.”
  • Shiba Inu’s team also argued that CoinMarketCap “has refused to communicate with the SHIB team on updates to the token page and willingly allowed malicious actors to vandalize our listing”
  • Responding to the allegation, CoinMarketCap acknowledged that it actually listed three SHIB addresses. However, the platform argues that these are not malicious addresses but rather for the wrapped asset instead:

For the avoidance of doubt, the addresses are not malicious. There is precedent for just o publish the contract addresses for wrapped assets because it would ultimately streamline the user experience and facilitate cross-chain transactions.

  • The team at CoinMarketCap also invited the Shiba Inu team to reach out through “the official channels,” linking to a support page.
SPECIAL OFFER (Sponsored)
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 25% off trading fees.

You Might Also Like:


.custom-author-info{ border-top:none; margin:0px; margin-bottom:25px; background: #f1f1f1; } .custom-author-info .author-title{ margin-top:0px; color:#3b3b3b; background:#fed319; padding:5px 15px; font-size: 20px; } .author-info .author-avatar { margin: 0px 25px 0px 15px; } .custom-author-info .author-avatar img{ border-radius: 50%; border: 2px solid #d0c9c9; padding: 3px; }

The post appeared first on CryptoPotato

Buy Bitcoin with Credit Card

BitMex Leverage Trading

Automated Trading Bot

Related Posts

Leave a Reply

Bitcoin (BTC) $ 97,597.15 3.54%
Ethereum (ETH) $ 3,338.58 8.30%
Tether (USDT) $ 1.00 0.22%
Solana (SOL) $ 257.02 9.58%
BNB (BNB) $ 619.54 1.69%
XRP (XRP) $ 1.12 2.13%
Dogecoin (DOGE) $ 0.385776 1.96%
USDC (USDC) $ 0.999781 0.19%
Lido Staked Ether (STETH) $ 3,337.64 8.31%
Cardano (ADA) $ 0.794693 3.37%