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SHIB Insider Warns Users as Fake Bridge Scams Target Shibarium Investors

SHIB Insider Warns Users as Fake Bridge Scams Target Shibarium Investors

  • Fake bridge scams now threaten users across the Shibarium network.
  • SHIB insider urges caution as new investors face rising risks.
  • BONE fees may spike during peak hours, users warned early.

A trusted voice within the Shiba Inu community has issued a strong warning to Shibarium users about a rising wave of scams targeting the ecosystem. According to SHIB insider Yona Gushiken, investors must remain alert as fake bridges and deceptive guides continue to threaten users’ assets on the network.


Gushiken reminded users to exercise caution with the use of X, specifically for new and previous users in the Shibarium ecosystem, noting that they must be well acquainted with the tools they utilize.


The alert is in response to the community facing an increase in scamming activities that claim to provide services such as wallet setup or asset bridging.


BONE, the gas token of the Shibarium network, allows users to minimize transaction fees while facilitating easier incorporation into the larger SHIB ecosystem. Although this is advantageous, during peak network traffic, transaction costs may increase dramatically.


Users should transact during non-opinionated hours to prevent paying unwarranted charges.


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Fake Bridges and Deceptive Tools Pose Major Threats to User Funds

One of the significant risks highlighted involves fake bridges. These malicious websites or applications claim to connect Ethereum and other assets to the Shibarium network. Rather than provide actual legitimate services, they will be made to steal funds from the users by enticing them to connect to their wallets.


Besides, Gushiken mentioned that there was an increase in confusion regarding the addition of Shibarium to MetaMask. The user will have to manually input the network’s configuration details. Cybercriminals have used this step to post fake guides that redirect users to fake websites, endangering their wallets after connection.


Scammers also use bait by tricking people willing to engage in the SHIB ecosystem into thinking they are experiencing real events. They create a false sense of legitimacy by associating their fake reward offers with real project milestones. Such offers contain malicious links that cause assets to be lost upon clicking.


Gushiken says that members of the community should be conscientious and cross every source over before acting. Trusting official sources and not using third-party tools that have been checked is just as important as it would be to participate in Shibarium safely.


With scammers actively targeting the Shibarium network through fake bridges and misleading tools, the need for caution has never been greater. Users are urged to follow verified channels and stay informed to safeguard their assets.


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