The post Shiba Inu Team Issues Security Alert as Devs Plot Major Upgrade appeared on BitcoinEthereumNews.com. The Shiba Inu team has issued a new security alert after noticing fresh attempts by scammers to target holders. The warning was shared by Lucie, a known community figure, who said that fake accounts are trying to trick people with promises of early access to LEASH v2 or secret offers. Big Shiba Inu community warnings Lucie posted a clear message urging the community to avoid any links or messages that claim to provide special access to LEASH v2.  You Might Also Like She explained that there will be no presales, no private airdrops and no hidden opportunities connected to the planned LEASH V2 upgrade. According to her, the migration will only happen through the official website, shib.io. The team has discovered that scammers are setting up fake channels and impersonating well-known tokens connected to Shiba Inu.  ⚠️ Safety Notice Be careful of scammers pretending to offer LEASH v2 early or promising shortcuts. The migration will only happen through official channels announced on https://t.co/KBMdomim9y There are no special airdrops, presales, or secret links. Do not connect your wallet… — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) August 25, 2025 These fake operators often push holders to connect wallets or send tokens, which leads to stolen funds. Lucie repeated that no one from the Shiba Inu team will ever ask for direct transfers or private wallet details. This warning comes at a time when crypto markets are seeing an increase in fraud.  Earlier, the team noted that August has already seen several new cases of impersonation schemes. With Shiba Inu having one of the largest groups of retail investors, Lucie stressed the importance of being cautious and checking only official sources before taking any action. LEASH v2 upgrade plans continue A SHIB developer has confirmed that they are working on LEASH v2. This comes after they found old code left… The post Shiba Inu Team Issues Security Alert as Devs Plot Major Upgrade appeared on BitcoinEthereumNews.com. The Shiba Inu team has issued a new security alert after noticing fresh attempts by scammers to target holders. The warning was shared by Lucie, a known community figure, who said that fake accounts are trying to trick people with promises of early access to LEASH v2 or secret offers. Big Shiba Inu community warnings Lucie posted a clear message urging the community to avoid any links or messages that claim to provide special access to LEASH v2.  You Might Also Like She explained that there will be no presales, no private airdrops and no hidden opportunities connected to the planned LEASH V2 upgrade. According to her, the migration will only happen through the official website, shib.io. The team has discovered that scammers are setting up fake channels and impersonating well-known tokens connected to Shiba Inu.  ⚠️ Safety Notice Be careful of scammers pretending to offer LEASH v2 early or promising shortcuts. The migration will only happen through official channels announced on https://t.co/KBMdomim9y There are no special airdrops, presales, or secret links. Do not connect your wallet… — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) August 25, 2025 These fake operators often push holders to connect wallets or send tokens, which leads to stolen funds. Lucie repeated that no one from the Shiba Inu team will ever ask for direct transfers or private wallet details. This warning comes at a time when crypto markets are seeing an increase in fraud.  Earlier, the team noted that August has already seen several new cases of impersonation schemes. With Shiba Inu having one of the largest groups of retail investors, Lucie stressed the importance of being cautious and checking only official sources before taking any action. LEASH v2 upgrade plans continue A SHIB developer has confirmed that they are working on LEASH v2. This comes after they found old code left…

Shiba Inu Team Issues Security Alert as Devs Plot Major Upgrade

2025/08/25 22:05

The Shiba Inu team has issued a new security alert after noticing fresh attempts by scammers to target holders. The warning was shared by Lucie, a known community figure, who said that fake accounts are trying to trick people with promises of early access to LEASH v2 or secret offers.

Big Shiba Inu community warnings

Lucie posted a clear message urging the community to avoid any links or messages that claim to provide special access to LEASH v2. 

You Might Also Like

She explained that there will be no presales, no private airdrops and no hidden opportunities connected to the planned LEASH V2 upgrade. According to her, the migration will only happen through the official website, shib.io.

The team has discovered that scammers are setting up fake channels and impersonating well-known tokens connected to Shiba Inu. 

These fake operators often push holders to connect wallets or send tokens, which leads to stolen funds. Lucie repeated that no one from the Shiba Inu team will ever ask for direct transfers or private wallet details.

This warning comes at a time when crypto markets are seeing an increase in fraud. 

Earlier, the team noted that August has already seen several new cases of impersonation schemes. With Shiba Inu having one of the largest groups of retail investors, Lucie stressed the importance of being cautious and checking only official sources before taking any action.

LEASH v2 upgrade plans continue

A SHIB developer has confirmed that they are working on LEASH v2. This comes after they found old code left by the first developer that caused a supply problem. The new version will have a fixed supply so that no new tokens can be created.

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The team said migration will be fair and handled through a burn-to-claim process. An external auditor has been contacted to review the contract, and talks with exchanges are already in progress. A public testnet and bug bounty will also be launched to allow open testing before the official release.

Despite recent price struggles, Shiba Inu trading has stayed busy. Meanwhile, on Sunday, more than three trillion SHIB tokens changed hands, showing that interest in the token is still strong.

Source: https://u.today/shiba-inu-team-issues-security-alert-as-devs-plot-major-upgrade

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Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative

Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative

The post Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative appeared on BitcoinEthereumNews.com. Cross-chain bridge Wormhole plans to launch a reserve funded by both on-chain and off-chain revenues. Wormhole, a cross-chain bridge connecting over 40 blockchain networks, unveiled a tokenomics overhaul on Wednesday, hinting at updated staking incentives, a strategic reserve for the W token, and a smoother unlock schedule. The price of W jumped 11% on the news to $0.096, though the token is still down 92% since its debut in April 2024. W Chart In a blog post, Wormhole said it’s planning to set up a “Wormhole Reserve” that will accumulate on-chain and off-chain revenues “to support the growth of the Wormhole ecosystem.” The protocol also said it plans to target a 4% base yield for governance stakers, replacing the current variable APY system, noting that “yield will come from a combination of the existing token supply and protocol revenues.” It’s unclear whether Wormhole will draw from the reserve to fund this target. Wormhole did not immediately respond to The Defiant’s request for comment. Wormhole emphasized that the maximum supply of 10 billion W tokens will remain the same, while large annual token unlocks will be replaced by a bi-weekly distribution beginning Oct. 3 to eliminate “moments of concentrated market pressure.” Data from CoinGecko shows there are over 4.7 billion W tokens in circulation, meaning that more than half the supply is yet to be unlocked, with portions of that supply to be released over the next 4.5 years. Source: https://thedefiant.io/news/defi/wormhole-jumps-11-on-revised-tokenomics-and-reserve-initiative
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BitcoinEthereumNews2025/09/18 01:31