Solana privacy application SHDW possibly to lock user funds

PANews January 13 News, according to Cryptopolitan, a newly launched Solana-based application SHDW may pose risks, as users report being unable to withdraw funds after deposit and unable to contact customer service. The app focuses on private transaction features, promising to enable private and front-running resistant operations through the Jupiter aggregator, but its “Unblock” button is currently unusable, resulting in initial deposits being unrecoverable. SHDW has received significant promotion on social media, with a token issuance originally scheduled for 20:00 UTC. The app was released and tested during the Solana Privacy Hackathon, but its security and actual privacy protection level have not yet been verified. Although SHDW plans to introduce features such as X402 standard transactions, prediction markets, and data filtering in the future, currently only Swap and wallet browser extensions are available.