Shiba Inu Admin Profile Hack, All You Should Know
The Shiba Inu crypto has gained notable traction in recent days, especially with the increasing popularity of the meme coins. Meanwhile, the crypto was on the investors’ radar on Wednesday, after Lucie, the chief marketing strategist of the Shiba Inu community, warned users of a potential breach in one of the admin’s profiles in the ecosystem. The price of Shiba Inu also dipped following the news.
Warning About Profile Hack
Lucie has shared a screenshot on the X platform, asking users to “stay safe”. The screenshot carries a message from one of the community’s admins, DaVinci, where he has warned the users to not interact with “Ragnar” on the Telegram platform.
Notably, Ragnar is another admin of the Shiba Inu community. However, in his warning message, DaVinci stated that hackers currently had access to Ragnar’s compromised account.
Meanwhile, he reported that fraudsters are posting scam content on the platform. He also urged users to refrain from communicating or transacting with the account to safeguard themselves from potential fraud.
In addition, DaVinci advised users to protect themselves from potential fraud and promptly report any suspicious activity. Notably, the recent warning from the community served as a crucial alert for users to exercise caution and prioritize their online security.
Also Read: Crypto Prices Today, XRP Rises While BTC, Pepe Coin Slips
Shiba Inu Price
The Shiba Inu price traded at $0.000007214 as of writing on October 4, noting a slump of 1.38% over the past day. Meanwhile, the crypto’s volume also fell 17.09% to $92.36 million, and its market cap was down 1.37% to $4.25 billion.
Notably, the global crypto market was also in the negative territory, suggesting that investors are shifting their focus towards safe-bet assets. So, the recent decline could be due to the gloomy sentiment in the broader market.
Meanwhile, DaVinci’s plea for users to avoid interactions with the compromised account, coupled with reports of scam content being posted, underscored the need for vigilance within the Shiba Inu community. As the cryptocurrency landscape continues to evolve, it remains essential for investors to remain vigilant and responsive to security threats, ensuring a safer and more secure environment for all participants.
Also Read: Ripple Secures An MPI License In Singapore, Here’s Why It Matters
- John Bollinger Sees ‘W’ Bottom Forming in Ethereum and Solana, Not Bitcoin
- Robert Kiyosaki Calls Bitcoin and Ethereum ‘Real Money,’ Urges Investors to Ditch ‘Fake’ Fiat
- ‘Sell Gold, Buy Bitcoin’: Expert Flags Major Market Bottom Signal
- Ripple Makes ‘Unusual’ $500M Transfer Amid $1 Billion XRP Treasury Plans
- ‘I’m Going Bonkers’: Dave Portnoy Says He’ll Buy XRP Again If It Dips Below This Level
- Solana Price Prediction: Analyst Notes Bearish Breakdown Amid Derivatives Slowdown
- Shiba Inu Price Eyes Recovery as Burn Rate Jumps 10,785% – Can SHIB Hit $0.000016?
- Ethereum (ETH) Price Prediction: Analyst Eyes $7,000 by Q4 as Bitmine Accumulates $281M ETH — Will History Repeat Itself?
- HYPE Price Teeters Amid Weak Technicals and Soaring Liquidations
- XRP Price Prediction As Ripple Announces $1B Treasury Plans – Is a Rebound Imminent?
- Bitcoin Price Prediction Amid Gold’s Parabolic Rally to Second-Largest Reserve Asset
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
