Shiba Inu Lead Developer Cautions Community Over Cold Wallets

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Shiba Inu lead developer, Shytoshi Kusama, has expressed concern over the increasing number of scams in the crypto community and has taken the opportunity to emphasize the importance of cold wallets in ensuring security.

Kusama’s message is clear and firm: “Never purchase a cold wallet from anyone other than the certified manufacturer directly.”

In light of the surging popularity of cryptocurrencies and the relentless attempts by malicious actors to exploit vulnerabilities in the digital space, Shytoshi Kusama’s reminder regarding cold wallets comes at a crucial time. The lead developer of Shiba Inu (SHIB) emphasized the need for extra precautions when acquiring cold wallets to ensure the security of digital assets.

Cold wallets, also known as hardware wallets, provide a secure offline method to store private keys, protecting cryptocurrencies from online threats. They have become an essential tool for long-term crypto investors and enthusiasts who prioritize the safety of their holdings.

Kusama’s message stressed the significance of purchasing cold wallets directly from reputable manufacturers to mitigate risks associated with obtaining them from unknown sources or third-party vendors.

The tweet received positive feedback from the crypto community, with many expressing appreciation for the timely reminder. The sentiment was echoed by Bad Idea Ai, a distinct AI meme token, which supported Kusama’s message and encouraged users to remain vigilant in their crypto endeavors.

Read Also: Shiba Inu: Whereabouts of 2.4 Trillion SHIB Transferred from Binance Revealed

Tangem Teases Shiba Inu Branded Hardware Wallets, Enhancing Security for SHIB Holders

In an exciting update, Tangem, a leading provider of next-generation hardware wallets, recently teased the release of Shiba Inu branded hardware wallets. The team shared a tantalizing short clip on Twitter, showcasing a Shiba Inu branded box, hinting at the imminent launch of these specialized wallets. This move is set to provide Shiba Inu holders with even more robust security options for safeguarding their precious tokens.

As reported by fxcryptonews earlier this month, the Shiba Inu community is eagerly anticipating the delivery of the Tangem cold wallet, which is scheduled to begin later this month. With the arrival of the Shiba Inu branded hardware wallets, the community can now look forward to an enhanced and branded solution to securely store their SHIB tokens, adding an extra layer of protection to their investments. The partnership between Tangem and Shiba Inu aims to bolster the security of the token and provide users with peace of mind in managing their crypto assets.

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At press time, Shiba Inu was trading at $0.00000769 per token.

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