Shytoshi Kusama’s right-hand developer makes important warning to the SHIB community
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The developer addressed the recent hack of India’s largest cryptocurrency exchange Wazir, where among the stolen assets there were several trillion Shiba Inu, which the cybercriminal began to sell today.
This statement goes as follows: “Not your keys, not your crypto,” stressing the importance of controlling the private keys of the wallet where investors store their crypto balances and not letting anyone else do that instead, which is often the case when it comes to crypto exchanges. According to a post published by @CyversAlerts several hours ago, the Safe Multisig Wallet of the Wazir exchange was compromised with $234.9 million worth of crypto lost to the hacker.Analytics account @lookonchain published the details earlier today, stating that the cybercriminal stole 5.43 trillion SHIB , 640.27 billion PEPE, 15,298 ETH, 20.5 million MATIC, 5.79 million USDT, and 135 million GALA.
The price of the second largest dog-themed cryptocurrency SHIB reacted to the aforementioned event and the hacker’s withdrawal of 5.43 trillion coins by aThe official SHIB marketing lead Lucie commented on that, saying that the stolen amount of SHIB was significant but “small compared to SHIB’s overall volume.” Still, she urged the SHIB community to take this price fall as an opportunity to buy the dip and urged them not to panic.Yuri is interested in technology and technical innovations.
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