Token burns have become particularly popular throughout the past years in the cryptocurrency market as more projects are resorting to this method of reducing their primary token supply. The process of burning tokens, however, is different and varies from one project to another, with the only common denominator being its purpose. That’s why it’s important...Read More
On Wednesday, Shiba Inu (SHIB) developers appeared on stage at the Blockchain Futurist Conference in Toronto to discuss the “End Game” for Shibarium – the meme token’s metaverse and NFT-oriented layer 2 blockchain. The team said that the Shibarium mainnet has gone live, allowing developers to begin building apps on the blockchain. The ecosystem will...Read More
Dogecoin-killer Shiba Inu spiked on Thursday after one of the ecosystem’s lead developers revealed new functionality that will affect NFTs within the upcoming Shibarium ecosystem. The upgrade will let users link NFTs to real-world assets to provide authentication and proof of ownership for physical items. Shibacals: Proof of Ownership On Shibarium Shibarium is a metaverse...Read More
According to CoinGecko research, the residents of the United States seem the most interested in memecoins such as Dogecoin (DOGE), Shiba Inu (SHIB), Floki Inu (FLOKI), and Pepe Coin (PEPE). India and the United Kingdom rank respectively second and third. Despite being the first memecoin, DOGE has lost its leading position in numerous countries. Morocco...Read More
One of the leading memecoins – Shiba Inu (SHIB) – saw its price tumble throughout the past 24 hours. At the time of this writing, it’s down by about 7%. This comes as some users found out that the chain ID of Shiba Inu’s blockchain – Shibarium – is the same as that of another...Read More
Novotel Bahrain Al Dana Resort reportedly became the first hotel in the country to accept cryptocurrencies as a means of payment. Other hotels located on the Arabian peninsula that embraced digital assets during the past several months include W Dubai – The Palm and Palazzo Versace Dubai. Entering the World of Crypto According to recent...Read More
The popular meme-inspired cryptocurrency – FLOKI – spiked around 41% after Elon Musk uploaded a photo of his dog dressed as the new Chief Executive Officer of Twitter. Other memecoins, including DOGE, SHIB, and BABYDOGE, also headed north albeit in a more modest fashion. Tesla’s CEO and one of the wealthiest people on the planet...Read More
Shiba Inu was the most popular crypto in new wallets over the past week, an on-chain analytics firm recently found. Banking was a boring subject for the Baby Boomer generation, but in the Internet of programmable money, finance is fun. If asked to guess what they thought was the most popular first coin for new...Read More
Despite the rally during the past couple of weeks, the cryptocurrency took a beating today. Bitcoin’s price plunged by more than 5%, dropping $20K. The total liquidations on a 24-hour scale have reached around $360 million. The recent rally brought hopes to many that the crypto winter might be coming to an end, but this...Read More
Back in 2021, Vitalik Buterin received trillions of SHIB tokens, and even though he burned some, he also kept some with the intention to donate. In one of the burning transaction hashes, Buterin explained: I have decided to burn 90% of the remaining Shiba tokens in my wallet. The remaining 10% will be sent to...Read More
The anonymous leader of Shiba Inu, known under the pseudonym Shytoshi Kusama, revealed that the project will introduce a new reward token called TREAT. In addition, the team will focus some of its efforts on its SHI stablecoin to prevent it from suffering the fate of Terra’s UST. Enter TREAT and SHI “Shib Army We...Read More
One of the most successful Brazilian soccer clubs – Sao Paulo – allowed its fans to purchase match tickets with cryptocurrencies, becoming the first team in the country to do so. Diving Deeper Into Crypto’s Universe The 22-time winner of Brazil’s top soccer league – Sao Paulo – teamed up with the cryptocurrency exchange Bitso...Read More
LVMH-owned Swiss luxury brand Tag Heuer announced earlier this week that it will accept a total of twelve major cryptocurrencies plus five stablecoins as payment options on its US website. The globally renowned watchmaker had previously revealed that it would soon allow digital currency payments on all websites. An Early Push into Web3 Tag Heuer’s...Read More
The team behind one of the most popular doge-inspired memecoins – Shiba Inu (SHIB) – has launched a burning mechanism that allows holders to burn their tokens while also generating passive income. The SHIB Burning Portal The Shiba Inu burning portal is a functionality that enables users to send their SHIB tokens to a burn...Read More
Vlad Tenev, Chief Executive Officer of Robinhood, outlined how the first-ever memecoin (Dogecoin) could become “the future currency of the Internet and the people.” Unlike many others that label DOGE as an inflationary asset because of its infinite supply, the executive argued that its inflation rate would actually decline in time. Can DOGE Emerge as...Read More
The popular memecoin – Shiba Inu (SHIB) – has been added to Bitcoin of America – a US-based ATM chain that has over 1,800 machines spread across more than 31 states. According to the official release, the reason behind the move is because Bitcoin of America “…recognized the growing popularity of Shiba Inu and decided...Read More
Shiba Inu’s all-new metaverse program could compete with established players such as Decentraland. The team behind Shiba Inu (SHIB) has unveiled the much-talked virtual reality project “SHIB: The Metaverse.” Instead of SHIB, the developers have picked ETH as a land pricing token. “SHIB: The Metaverse” As per the latest blog post, the metaverse will have...Read More
As crypto markets reignite this week, the infamous memecoin Shiba Inu is also seeing some newfound price action. However, a look at the token’s holder count wouldn’t exactly suggest a revival of consumer interest. According to data from CoinMarketCap, the number of on-chain addresses holding SHIB has declined by over 60,000 within the last two...Read More
Shiba Inu (SHIB) has long been one of the most popular memecoins on the market, and it has attracted the interest of retailers from all over the world. However, it appears that whale Ethereum addresses are also interested in the cryptocurrency. Data from the popular resource tracking large transactions recorded a large Ethereum whale buying...Read More
Non-fungible tokens continue to make headlines, but it seems that not all projects can maintain their previous valuations. One particularly hyped drop that took place last year – The Shiboshis – is down over 70% since all-time high. This is the official NFT project of the Shiba Inu team – one of the most popular...Read More
AMC Theatres is now officially accepting Shiba Inu (SHIB) and Dogecoin for online payments for tickets. The move comes a week earlier than anticipated. Earlier in March, CryptoPotato reported that AMC Theatres – one of the largest movie chains in the world – will start accepting the two most popular memecoins for tickets on March 19th....Read More
After speculating and flirting with adding the two largest and most popular memecoins as payment methods, AMC Theatres CEO – Adam Aron – said his company will do so by March 19th. Mobile users will be able to utilize Shiba Inu and Dogecoin for payments in mid-April. AMC Theatres, among the largest movie chain theaters...Read More
Sandeep Nailwal, the co-founder of Polygon (MATIC), revealed today that India’s CryptoRelief will be sending 100 million USDC from Vitalik Buterin’s last year SHIB donation back to him. Last year in May, Vitalik Buterin donated 50 trillion SHIB tokens to India Covid Relief Fund. Tweeting on the matter, Nailwal revealed the reasons for which they...Read More
After the NFT mania last year, the Metaverse became the main focus for crypto insiders and outsiders in the past few months. With numerous entities aiming to get on board, the latest project to outline such intentions is Shiba Inu. The team behind the project, which gained traction during the memecoin explosion in the summer...Read More
Robinhood, the financial services company with a popular trading app, recently launched cryptocurrency wallets. In an interview with Emily Chang of Bloomberg Technology, the company’s CPO, Aparna Chennapragada, noted that many customers are enthusiastic about delving into the new product. More Crypto Features in Robinhood App CryptoPotato reported recently the company’s plans to launch a...Read More
The team behind the memecoin Shiba Inu said that CoinMarketCap has approached its developers to resolve the issue of the three fake addresses on the popular data aggregator page. Lack of Transparency, Says Shiba Inu Community Update — We are happy to announce, @CoinMarketCap has reached out to our developer team and is in current...Read More
According to a tweet sent from the verified Shiba Inu Twitter account, CoinMarketCap intentionally listed 3 fake smart contract addresses of SHIB. The team, therefore, warned that these addresses found on the Binance Smart Chain, Solana, and Terra are not safe to use. Going even further, the team warned users not to interact with these...Read More
Washington-based real estate firm – Harbor Custom Development, Inc. – will reportedly start accepting digital currencies as payment for its residential homes, apartments, condominiums, and other properties as of January 24th. Crypto Making its Way in the Retail Estate Industry According to a recent coverage, Harbor Custom Development, Inc. (Nasdaq ticker: HCDI) will embrace numerous...Read More
The team behind the Shiba Inu Coin (SHIB) has announced the launch of the first phase of Doggy DAO – dubbed – DAO 1 (Beta). It aims to accelerate the growth of the token while staying true to the ethos of decentralization. Handing Power to the Shiba Inu Community According to the official blog post,...Read More
The American breast cancer organization – Susan G. Komen (also known as Komen) – enabled people willing to support the cause to donate digital assets instead of fiat currencies. The partner in the initiative is the donation platform – The Giving Block. Susan G. Komen announced the new additions on its Twitter page. The organization...Read More
