The CoinMarketCap-SHIB collaboration is among the news that occupies the agenda at the moment. CoinMarketCap to solve problems with “wormhole” addresses shiba inu He went on the path of moderate cooperation with his team.
shiba inuIn a tweet shared on the subject on the official Twitter account of , it was stated that an update on the recent CoinMarketCap event was provided and that the developers of the coin have already been reached to resolve recent issues with the “wormhole” addresses of the top cryptocurrency ranking website.
Community Update — We are happy to announce, @CoinMarketCap has reached out to our developer team and is in current discussions in regards to our most recent incident correlating to Wormhole contracts.
Please read our response.. pic.twitter.com/OBckJYNVkH
— Shib (@Shibtoken) January 19, 2022
Some time ago by the Shiba Inu community 3 “Ethereum killer” (Binance Smart Chain, Terra and SolanaAttention was drawn to 3 fake smart contracts displayed on the “front page of crypto”. The community stated that any non-Ethereum address is actually invalid, and tokens sent to addresses on other chains are lost forever.
Official Statement regarding the recent actions by @CoinMarketCap . pic.twitter.com/DXP2wZRhYC
— Shib (@Shibtoken) January 13, 2022
Following the incident, a quick statement came from CoinMarketCap, stating that they are actually “for cross-chain transactions with wrapped versions of the coin”.wormhole bridges” was stated. For this reason, it was stated that the specified addresses are not malicious and in fact they aim to improve the user experience.
For the avoidance of doubt, the addresses are not malicious. There is precedent for us to publish the contract addresses for wrapped assets because it would ultimately streamline the user experience and facilitate cross-chain transactions.
— CoinMarketCap (@CoinMarketCap) January 14, 2022
After all this, the Shiba Inu team acknowledged the importance of acting in cooperation, but underlined that there are fundamental limits to the level of security offered by such bridges. The community, which also accuses CoinMarketCap of backing out on accusations of listing fake smart contract addresses, has issued a series of criticisms.
a while ago DOGE The community also showered CoinMarketCap with criticism for misrepresenting the circulating supply of the cryptocurrency.