Shiba Inu Resolves Telegram Account Hack and Implements Security Measures
The Shiba Inu team has successfully resolved a recent hack on their SHIB Telegram admin account. Within a day of the attack, the team ensured that the account is secure again by moving data to a new phone and implementing two-factor authentication (2FA) for added security. Passwords have also been changed to prevent any further breaches.
My account in Telegram is secure again. I moved all to a brand new phone. I changed password for new and more secure ones. My Twitter account too and all has 2FA. Please be safe every one!!! Change passwords periodically.
— RagnarShib.eth (@RagnarShiba) October 5, 2023
Fake BONE Token Airdrop Promoted Through Compromised Account
The hacked SHIB Telegram account was used to promote a fraudulent BONE token airdrop. Vet Kusama, also known as X user, warned the community about the scam and advised against clicking on any links related to the distribution as it was not legitimate.
Continued Alerts from Shiba Inu Officials
The Shiba Inu team has consistently alerted the community about potential scams and threats. LUCIE, Shibarium’s Marketing Strategist, emphasized the importance of conducting due diligence to avoid falling victim to bad actors using Shiba Inu’s logo or the name of their layer-2 blockchain solution for malicious projects.
Shibarmy Scam Alerts, a dedicated account for protecting against fraud, urged caution when connecting cryptocurrency wallets to unknown decentralized applications. They warned that scammers can create deceptive Dapps that appear identical to those associated with Shiba Inu and other memecoins.
In addition, developer Kaal Dhairya cautioned against trading services involving the SHIB-related token Calcium (CAL), stating that it was created solely for minting and renouncing BONE and will not hold any future value.
Hot Take: Shiba Inu Takes Swift Action Against Hack
The recent hack on the SHIB Telegram admin account prompted the Shiba Inu team to quickly resolve the issue and implement security measures such as two-factor authentication. They have consistently warned the community about potential scams and threats, urging caution when interacting with unknown applications and tokens. It is crucial for investors to conduct due diligence and stay informed to protect themselves from fraudulent activities in the crypto space.
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