According to a recent message shared on Discord by Shiba Inu’s pseudonymous admin “DaVinci,” PawSwap has been identified as the entity behind the funding of attacks on Shibarium, the L2 blockchain of SHIB. DaVinci referred to PawSwap as “scamswap” or “pawsh*t” to emphasize their disapproval of the entity’s actions.
DaVinci claims that PawSwap managed to gain entry into the Shiba Inu community by posing as PawZone, a project that he believes to be genuine. It is worth noting that both projects utilize the ticker symbol PAW for their native tokens.
According to the Shiba Inu Discord admin, the purpose behind the impersonation was to facilitate PawSwap’s ability to launch attacks on Shibarium and spread harmful misinformation about the L2 project.
DaVinci also asserted that while PawZone is a legitimate project, PawSwap is considered a scam. It is important to note that this statement reflects DaVinci’s personal opinion.
The revelation prompted responses from members of the Shiba Inu community, with many expressing their endorsement and support for PawZone.
Related article: Shiba Inu’s Hypothetical Scenario Without Vitalik Buterin’s Burn
Shibarium-Related FUDs Propagate Amidst Attacks
In response to Shibarium experiencing technical difficulties caused by a large influx of users, malicious actors took advantage of the situation to spread false information. One such instance involved attackers sharing a screenshot that purportedly showed Shiba Inu’s lead developer, Shytoshi Kusama, admitting to an issue with Shibarium Bridge.
However, Kusama promptly dismissed this false information, labeling it as FUD
Furthermore, Kaal Dhairya, a prominent developer for Shiba Inu, announced intentions to seek assistance from the X platform (formerly Twitter) team in identifying the individual responsible for spreading the FUD.
Shibarium Nears 2M Transactions
As of now, Shibarium is operating smoothly and has witnessed significant activity. The L2 blockchain has recorded interactions from a remarkable 1.12 million wallet addresses, processing an impressive 1.91 million transactions. This indicates that Shibarium is nearing the milestone of 2 million total transactions, with less than 100,000 transactions remaining.
According to DefiLlama data, approximately $739,000 worth of assets have been locked on Shibarium. The top decentralized finance project on the platform is MARSWAP, which has a total value locked (TVL) of $350,955.
Related also: Shibarium’s Growth Spurs Shiba Inu’s Surge – Is $0.00001 on the Horizon?
