SafeMoon app update panned as distraction by community

SafeMoon’s latest post has been panned arsenic a distraction by the community. It read: “New #SAFEMOON app builds submitted!”

Still nary update connected the hack

On March 28, a astute declaration vulnerability was exploited — starring to $9 million of liquidity being drained from the protocol.

Since then, SafeMoon and institution CEO John Karony person been progressive connected Twitter. For example, Karony praised the community’s patience and enactment aggregate times.

“The updates you are seeing contiguous are genuinely conscionable the opening and I promote you each to enactment tuned to authoritative SafeMoon channels for much breathtaking updates.“

Similarly, SafeMoon posted a lengthy “service update” connected April 4 detailing respective “big updates,” including details connected readjusting to normality pursuing the onslaught and updates to its “SWaP and Evolve” function.

However, approaching 3 weeks aft the incident, determination has been nary update connected the precise circumstances of the onslaught oregon whether the funds tin beryllium recovered — overmuch to the community’s frustration.

Taking to societal media, the assemblage expressed their discontent implicit the deficiency of advancement made to date.

SafeMoon assemblage wants answers

In a Reddit post, the OP asked what “New #SAFEMOON app builds submitted!” means. Does this subordinate to a caller app oregon changes to the autochthonal wallet?

Some replies flipped the station toward the caller exploit, with the astir upvoted remark inferring that the update was meaningless and designed to distract from the hack.

“A distraction truthful we tin each hide astir the exploited $9M.”

Others ridiculed the caller builds submitted arsenic thing much than “new fonts” and “a caller icon.” One commenter summarized the wide sentiment by saying the update means galore things but yet volition mean nothing.

Another Reddit post, titled “Do they deliberation we’re idiots?” tackled the talking points head-on, with the OP saying, “It’s honestly unbelievable.”

Commentators echoed the OP’s constituent of view, with a communal effect being the nonaccomplishment of religion successful the project.

Peak-to-trough losses since the hack amounted to 26%. SafeMoon is presently trading astatine astir the aforesaid terms arsenic the regular opening terms connected March 28.

Nonetheless, SFM V2 is inactive down 94% from its $0.00338272 all-time high, achieved connected Jan 5, 2022.

The station SafeMoon app update panned arsenic distraction by community appeared archetypal connected CryptoSlate.