Shiba Inu Team Member Encourages SHIB Holders Amidst WazirX Security Breach
Shiba Inu, a dog-themed memecoin is in the spotlight as trillions of SHIB were reportedly stolen in a recent cybersecurity breach with the leading India-based cryptocurrency exchange, WaxirX. Reacting to the incident, Shiba Inu team member and marketing head, Lucie, in a heartfelt message has expressed her condolences to the SHIB holders affected by the […]
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WazirX, one of India’s largest cryptocurrency exchanges, suffered a security breach on Thursday that resulted in the loss of $230 million, nearly half of its reserves. The exchange referred to the incident as a “force majeure event.” However, the repercussions extend beyond WazirX alone, casting a shadow of uncertainty over Shiba Inu (SHIB) holders. Panic Sell-Off Fears Rise Blockchain analytics firm Elliptic analyzed the breach, revealing that approximately $235 million worth of various crypto assets were lost, including Shiba Inu ($96.7 million), Ethereum ($52.6....
Shiba Inu (SHIB) has established a critical price support level amidst the market-wide downtrend, which has kept crypto prices down. This support level has been established thanks to a host of Shiba Inu holders who have invested in the meme coin at that price level with a 2 trillion SHIB buy order. Shiba Inu Establishes […]
The Shiba Inu ecosystem is one of the fastest growing communities in the crypto industry. The meme cryptocurrency has come a long way in a short time with lots of tokens and updates to its ecosystem, but it certainly still has a long way to go. In a recent not-so-surprise announcement, a core member of the Shiba Inu team hinted that a new stablecoin called Shi may be in the works. If the rumors are true, this could be huge news for SHIB holders and open up a whole new world of possibilities within the Shiba Inu ecosystem. Related Reading: Solana On Fire With Over 34% Rally Within A Week –....
Memecoin Shiba Inu can officially be used to purchase land in the SHIB Metaverse using the native SHIB token, as the development team continues to provide utility for holders. Holders of the popular memecoin Shiba Inu (SHIB), will now be able to use the cryptocurrency to purchase land in the Shiba metaverse. On Wednesday, the Shiba Inu team took to Twitter to reveal that the SHIB token could now be used to mint parcels of land in the recently unveiled virtual reality project “SHIB: The Metaverse.”New minting option has been released on https://t.co/f2oLn05qWk! Mint lands with $SHIB!....
Shiba Inu (SHIB), dubbed to be the second largest dog meme coin, is nearing a breach as claimed by analysts. Shiba Inu provided roughly 50% to holders last week; outstripping major cryptocurrencies like Bitcoin and others BitWallet recently listed SHIB strengthening meme coin adoption SHIB price could be nearing a breach as hinted by the reduction of trade volume and thinned-out inflows SHIB’s bearish movement is ushered mainly with the drop in trading volume as well as inflows. But, analysts continue to be optimistic on SHIB. Many analysts have forecasted SHIB....