Shiba Inu Founder Linked to CCP, Wanxiang, Buterin 2 Years Before Launch
In a groundbreaking revelation, on-chain researcher BoringSleuth has unveiled a series of connections that link the enigmatic founder of Shiba Inu, known as Ryoshi, to some of the most influential figures and organizations in the crypto space. The researcher’s thread, released earlier today, alleges that Ryoshi had connections with Vitalik Buterin, a Binance developer, Wanxiang, […]
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Chinese conglomerate Wanxiang Group, best known as one of the nation's largest auto parts manufacturers, is investing in blockchain technology through two new initiatives. First hinted at in a blog post by Ethereum creator Vitalik Buterin, Chao Deng, managing director at Wanxiang-owned subsidiary DataYes, confirmed that the company had completed a purchase of 416,000 ETH, the native token on the Ethereum blockchain, in an total investment of $500,000. The investment, however, is just the first step in a multi-pronged plan that includes establishing two entities dedicated to promoting....
One of the most important events in the history of Shiba Inu was when Ethereum founder Vitalik Buterin had sold billions worth of SHIB tokens that were sent to him by the founders of the meme coin. It inevitably was the major catalyst for the price rally of the meme coin that followed not too […]
Back in May, Ethereum founder Vitalik Buterin donated over $1 billion in ETH and meme coin Shiba Inu (SHIB) to an Indian COVID relief fund. The meme coins had been sent to Buterin by the creator of the meme coin Shiba Inu. This had been done as a marketing stunt to increase the value of […]
After the dogecoin hype invoked a new ERC20 token project called Shiba Inu, the crypto asset has been making waves throughout the crypto industry. On Wednesday, the cofounder of Ethereum, Vitalik Buterin donated $1 billion worth of Shiba Inu to India’s Crypto Covid Relief Fund. Then a few days later on Sunday, Buterin decided to burn 410.24 trillion Shiba Inu tokens worth over $6 billion using today’s exchange rates. Buterin Burns $6.6 Billion Worth of Shiba Inu Tokens A new token called Shiba Inu (SHIB) has been a topical discussion within the digital currency community, aside....
A $50m venture fund backed by Chinese conglomerate Wanxiang has officially launched a grant program focused on funding open-source blockchain projects. First revealed in September, the launch of Wanxiang Blockchain Labs (WBL) coincided with a larger push by Wanxiang to make its interest in distributed financial protocols such as the bitcoin and Ethereum blockchains known. In statements, WBL co-founder Bo Shen said that the organization intends for the grant program to award projects that focus on utility rather than financial "speculation". Shen said: "In our strategy, we keep our....