The cryptocurrency industry is a dynamic one with many exciting developments happening daily.
However, it is also often a target for hackers and criminals looking to exploit the inability of novice users to keep their cryptocurrencies safe.
This is especially true for the meme currency sector.
However, Shiba Inu (SHIB) is one of the most popular meme coins and has a huge community.
LUCIE, the project’s marketing lead, just reposted a warning from another member of the Shibarium team, who warned users to stay away from a Telegram group called ShibaSweepers.
Warning: Until further notice, please stay away from the “ShibaSweepers” group on Telegram. The group is acting suspiciously and may have been hacked.
There are no further updates available at this time.
As CryptoPotato recently reported, private key leaks were identified as the leading cause of crypto thefts in Q2 2024. According to a report by SlowMist, these cases involved users storing their seed phrases on cloud solutions such as Tencent Docs, Baidu Cloud, Shimo Docs, Google Docs, etc.
Telegram exploits are also common. Criminals lure victims into group chats, convincing them to click on links that eventually lead them to a phishing site or software that drains their wallets.
That’s why it’s essential not to click on unknown links. Also, the best solution is always to keep your cryptocurrencies stored on an offline hardware wallet.