GIWA confirmed that the GIWA Mainnet was a scam, with over 766 Ether moved through various addresses via a fraudulent bridge. Users are advised to avoid unofficial RPCs, bridges, and contracts linked to the project until further notice. The incident followed false information spreading in a community group, leading to suspicious trading activity involving $GIWACAT and $FAKER tokens. GIWA is working with security experts to trace the stolen funds and will announce compensation details after completing the investigation.
The GIWA fake mainnet incident provides context for readers interested in cryptocurrency market dynamics. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Sep 27, 2026 17:41 WIB: out of 50 major cryptocurrencies, 34 rose and 15 fell. Notably, VeChain (VET) declined 3.58% to Rp166 with a typical hold time of 147 days and a Pluang order activity skewed 60% sell. In contrast, Avalanche (AVAX) rose 3.38% to Rp198,186 with a hold time of 87 days and a near-even sell/buy split, while Solana (SOL) increased 3.01% to Rp2,217,400 with a shorter hold time of 70 days and a buy-heavy order activity at 62%.
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