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The Shiba Inu (SHIB) network has been making noise to boost utility. Earlier today, the network made a new announcement that caught the eye of many. SHIB holders will now be able to take part in an airdrop. The network announced that those who own the meme coin and participate in the airdrop can pocket the Philtoken (PHIL). Also Read: Top 3 Cryptocurrencies Owned By Elon Musk Looking Into Shiba Inu’s Latest Airdrop The airdrop includes a staggering 10 million PHIL tokens. According to the latest announcement, the airdrop is solely for Shiba Inu holders who have owned the meme coin since August 28, 2024. In addition, these investors are required to hold SHIB in non-custodial wallets like Trust Wallet and MetaMask. The announcement further read: “Those who left their SHIB on centralized exchanges, however, are out of luck this time. This airdrop is exclusively for the self-custody crowd.” It should be noted that the airdrop is first-come, first-served. A minimum of 500 P...

Official email addresses of popular cryptocurrency firms have sent phishing links to their audiences through a fake airdrop, stealing almost $580,000 at press time. News outlet Cointelegraph , data platform Token Terminal, bridge provider Wallet Connect, and software firm DeFi were among the firms targeted by Hack ers. Each company featured different promotions in emails to users. DeFi was supposedly launching staking options, WalletConnect said it wanted to reward customers, and an airdrop for Cointelegraph’s tenth anniversary was used to disguise the phishing link. “We hope this email finds you well and thriving in the world of decentralized finance!” wrote hackers imitating WalletConnect. Cointelegraph’s email opens with the same sentence — just without an exclamation mark. Community Alert: Phishing emails are currently being sent out that appear to be from CoinTelegraph, Wallet Connect, Token Terminal and DeFi team emails. ~$580K has been stolen ...