Shiba Inu Devs Start Cooperating with CoinMarketCap

Twitter account has provided up an update on the recent CoinMarketCap incident, claiming that the top cryptocurrency ranking website has already reached out to the coin’s developers in order to solve recent issues related to “wormhole” addresses. , the Shiba Inu community called attention to three fake smart contracts on three “Ethereum killers” that are displayed on the “front page of crypto.”

Later, CoinMarketCap swiftly issued a statement, clarifying that these are actually wormhole bridges for cross-chain transactions with wrapped versions of the token. Hence, the addresses in question are not malicious, and they are actually meant to improve the user experience. The Shiba Inu team has recognized the importance of interoperability, but it claims that there are “fundamental limits” to the level of security provided by such bridges.

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