Gushiken Yona
Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu cryptocurrency project and K9 Finance, the liquid staking derivative platform and the official partner of Shiba Inu, have been recently featured in the global media platform Fintech.TV. This highlights the growing influence and recognition of both Kusama and K9 Finance in the rapidly evolving world of cryptocurrencies and decentralized finance.
The short video, which runs for over a minute, initially discussed the crypto industry’s lobbying efforts reaching new heights in 2023 and continuing to gain momentum this year. With Coinbase and the Blockchain Association leading the charge, the sector’s lobbying expenditures have soared to nearly $25 million, surpassing the total of over $22 million in 2022. This significant financial commitment highlights the industry’s determination to shape regulatory landscapes and advance its interests.
The video then highlighted the announcement made by K9 Finance DAO, which has been officially whitelisted as a validator on Shibarium, Shiba Inu’s layer-2 scalability solution. K9 Finance, described as the official liquid staking derivative platform of Shibarium, was noted for its role mirroring “that of Lido on the Ethereum network.” This recent announcement emphasized “the growing importance of K9 Finance in the crypto space.”
Furthermore, the news segment mentioned that Kusama “expressed his excitement about this development,” adding that the pseudonymous lead developer of Shiba Inu “is enthusiastic about K9’s potential to enhance network security and decentralization.” Kusama’s enthusiasm reflects a broader trend within the cryptocurrency community, where innovative projects like K9 Finance are increasingly recognized for their potential to contribute to Shibarium’s security and decentralization.
This development marks a significant milestone in Shibarium’s evolving influence in the cryptocurrency landscape, highlighting its potential to shape the future of decentralized finance. The feature on Fintech.TV not only highlights the achievements of Shiba Inu and K9 Finance but also sets the stage for their continued influence in the fintech world.
It is worth noting that this is not the first time K9 Finance has been mentioned on a TV show. In March, during the airing of “Eye on Your Money” on KUTV in Utah, news anchor Cristina Flores highlighted Bitcoin’s surge to a new all-time high, surpassing the significant $73,000 threshold. This remarkable event underscored Bitcoin’s dominance as the world’s largest cryptocurrency by market capitalization.
What added intrigue to the program for the Shib Army was the spotlight on Shiba Inu’s groundbreaking developments, particularly its notable partnership with the next-generation liquid staking derivative platform, K9 Finance.
“Cryptocurrency meme coin Shiba Inu has also been making big news. Shiba Inu has officially partnered with K9 Finance, which brings significant tech innovation to the coin,” the program highlighted. It further noted the successful launch of K9’s native token, $KNINE, which witnessed an astounding price surge of up to 40x following its official token generation event.
Buzz, the pseudonymous founder and developer of K9 Finance, shared that they initially approached the news with skepticism, suspecting it to be a sophisticated deepfake. However, after conducting their own investigation, it became evident that the footage was indeed authentic. “It’s fully on their news website and our team watched it there via the online broadcast,” Buzz said.
