Shiba Inu Community Educated on Shibarium Importance

The handler of the SHIB-affiliated account @Shibizens has made a move to educate the global Shiba Inu (SHIB) community about Layer-2 network Shibarium. To this end, he published an important post detailing the scaling solution’s importance to the SHIB community.

Shibarium is More than a Layer-2

According to the Shibizen account on X, Shibarium is “more than a Layer-2,” and he shared four points to prove his argument. To start, the scaling solution was described as the infrastructure that holds the capacity to power a decentralized, community-led future. Shibarium was further touted as the protocol created to ensure scalability and cheap transactions

Shibarium is believed to provide support for on-chain governance, Decentralized Autonomous Organizations (DAOs), Non-fungible Tokens (NFTs), and real-world use cases. There is also the case of Shibarium allowing developers to build Decentralized Applications (dApps) and smart contracts. It also allows the communities to govern

Shibizens also claimed that Shibarium is “focused on long-term sustainability and utility,” while stating that the protocol represents the convergence of resilience and innovation

Shiba Inu Enthusiast Warns Community of Scams and Malicious Actors

Almost 12 hours before Shibizens’ post on X, @susbarium, another X account directly linked with the SHIB team, showed the SHIB army how to identify trolls and malicious actors on social media. He made it quite clear that those trolls are always on the lookout for vulnerabilities to exploit. Once spotted, “their goal is to provoke and exploit investors when emotions are high.”

Susbarium also shared key points that can help crypto investors identify bad actors and scammers. One of such ways is that they prefer to copy-paste negative comments across multiple posts

Also, they would rather launch “personal attacks and insults instead of constructive discussion.” He also talked about how they provide low organic engagement, as well as how their “replies are filled with hate.”

Crypto User Loses Over $900k to Scam

Speaking of scams and bad actors, one crypto user recently lost $908,551 in USDC to a wallet-draining attack

On-chain data shows that the attack was from an ERC-20 token approval transaction. It likely originated from a phishing website or a fake airdrop. After waiting more than a year for the right opportunity, the attacker eventually launched a strike

Consequently, security platform Scam Sniffer urged users to conduct regular checks on their accounts and revoke old approvals. “Your wallet security matters,” Scam Sniffer stated.

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