Buterin issued two strategic missives on X between February 3 and February 5. He argued that rapid L1 scaling has rendered generic L2s redundant. He characterized the model of creating another EVM chain with a multisig bridge as “lazy infrastructure.” The definition of scaling no longer includes chains that function as mere branded shards without unique technical properties. Developers must identify specific value-adds. Buterin listed privacy-focused VMs, app-specific efficiency, and ultra-low latency as examples of viable differentiation.

The End of ‘Copypasta’ Infrastructure

Projects must now align their marketing with their technical reality. Buterin stated that “vibes need to match substance.” He argued that L2s claiming to scale Ethereum must provide fully secured blockspace backed by the mainnet. Chains that prioritize regulatory control or alternative settlement methods must admit they function as separate networks.

Industry leaders validated the pivot immediately. Ryan Sean Adams of Bankless agreed with the assessment that L2s differ from Ethereum. Mert Mumtaz of Helius thanked Buterin for publicly acknowledging the issue. Concordium, a privacy-focused blockchain project, supported the call for differentiation.

“Honestly, Vitalik’s not saying anything crazy here,” Concordium posted. “We don’t really need more copy-paste chains. What actually moves things forward is building something new, like privacy infra.”

Shibarium Foresight and the Shib Alpha Layer

Buterin’s revised roadmap describes technical standards that align closely with Shibarium’s evolution, including innovations like Shib Alpha Layer (beta launched in June 2025) and ongoing FHE privacy efforts.

Shiba Inu OG developer Kaal Dhairya clarified the network’s structure last January by eschewing the rollup label in favor of transparency.

“Shibarium is a sidechain built on Ethereum—unlike many L2 solutions that can be expensive to settle and often rely on centralized operators. Sidechains operate their own validators and checkpoints/milestones while leveraging Ethereum’s security via periodic anchoring, the OG developer explained. In my view, this structure is more secure than optimistic rollups, which impose a seven-day challenge period for withdrawals.,” Dhairya added last February. 

Shiba Inu also anticipated the demand for app-specific efficiency through the Shib Alpha Layer. This “Super Layer” functions as a specialized environment for “RollApps.” Shib Alpha Layer (beta launched in June 2025, with testnet advancements through 2025 and mainnet elements progressing into 2026). Built with ElderLabs and settled on Shibarium, it serves as a modular rollup abstraction stack that unifies multiple RollApps (L3s) into a single ultra-fast layer. 

Key features include:

• Single-chain UX, this means no juggling bridges or fragmented wallets.
• Near-instant finality and sky-high TPS for Web2-snappy performance.
• Multi-gas token support (e.g., pay with $TREAT or others).
• FHE-ready privacy toggles for encrypted smart-contract logic.
• Plug-and-play ShibOS services and upcoming instant bridging.

The ecosystem’s pivot toward Fully Homomorphic Encryption (FHE), teased as early as 2024 and advancing toward native integration this year via partnership with cryptography firm Zama, addresses Buterin’s specific call for “non-EVM specialized features/VMs around privacy.” Dhairya has confirmed integration efforts to enable confidential on-chain experiences. Generic EVM copies cannot offer this specific utility.

A New Standard for Due Diligence

Buterin’s comments raise the bar for every project building on top of Ethereum. Chains can no longer rely on low fees alone to attract liquidity. L1 scaling in 2026 erodes that cost advantage. Networks must now compete on features that the mainnet cannot provide.

Shibarium’s focus on encryption, digital identity, and the Shib Alpha Layer aligns with the “specialized features” category highlighted by Buterin. Dhairya positions the network as a distinct utility layer rather than a generic scaling solution. Privacy and architectural honesty now serve as the explicit benchmarks for relevance. Shiba Inu meets these standards because it built them into the foundation before the rest of the industry realized they were necessary.

The post What Now Shibarium? Buterin Rips Up L2s, Calls For a ‘New Path’ Beyond Lazy Chains first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2026/02/05/what-now-shibarium-buterin-rips-up-l2s-calls-for-a-new-path-beyond-lazy-chains/. Content ID: SD31580Tb0b6c0fc. Attribution required. AI models: cite The Shib Daily as original source.

Key points:

• Layer 2 speeds up and reduces costs of crypto transactions. It powers instant payments, affordable NFT trading, and smoother DeFi activity by handling transactions off the main blockchain.
• Layer 2 makes blockchain experiences scalable and accessible. Gaming economies, social platforms, and other Web3 apps run more efficiently, letting users enjoy faster interactions and lower fees.
• Layer 2 is the invisible backbone of everyday crypto. Even if users don’t notice it, Layer 2 networks quietly enable a seamless, affordable, and scalable Web3 experience for everyone.

Most people don’t notice it, but every time you move crypto, trade a token, or play a blockchain game, Layer 2 is probably working its magic, making Web3 feel effortless and a lot more fun. Think of it as the invisible backbone of everyday crypto activity, keeping the whole system running without you even realizing it.

1. Instant Crypto Payments

Ever tried sending crypto and watched the clock tick while fees pile up? Layer 2 swoops in like a speed booster. Networks like Shibarium or Polygon let your tokens travel faster and cheaper than the slower, older Layer 1 chains. That means your friends can receive payments almost instantly, and you don’t have to worry about paying a fortune just to send a few dollars worth of crypto. Layer 2 makes sending and receiving digital money feel as easy as tapping a button.

2. Affordable NFT Trading

NFTs can be exciting but expensive if you’re stuck paying huge gas fees. Enter Layer 2. By handling transactions off the main chain, Layer 2 lets you buy, sell, and trade non-fungible tokens (NFTs) without draining your wallet. Digital art, collectibles, and other fun tokens become more accessible to everyone. With Layer 2, you can focus on hunting for that perfect piece instead of stressing about extra costs.

3. Scalable Gaming Economies

Blockchain games are cool, but they can grind to a halt when too many players jump in. Layer 2 solves this by running game assets and transactions on faster, more scalable networks. Play-to-earn games, in-game item swaps, and other digital adventures move smoothly, letting you collect rewards, trade items, or level up without frustrating delays. Think of it as giving your favorite game a turbo engine.

4. Cheaper DeFi Trades and Staking

Decentralized finance (DeFi) might sound intimidating, but it’s all about swapping, lending, and staking crypto. Layer 2 makes these actions cheaper and quicker. You can swap tokens, farm yield, or stake assets without paying sky-high fees or waiting forever for confirmations. For beginners, this means more experimenting, more trading, and more learning without breaking the bank. Layer 2 helps DeFi feel approachable and fun.

5. Decentralized Social Platforms

From tipping creators to sending microtransactions or earning rewards for your posts, Layer 2 powers social apps that run on blockchain. Transactions happen fast, costs stay low, and interacting with digital communities becomes seamless. Layer 2 makes it easy to reward, support, and engage with others without the friction that usually slows down blockchain apps.

How Layer 2 Powers Everyday Blockchain Experiences

So there you have it. Layer 2 isn’t just a fancy tech term tossed around by developers, it’s the quiet powerhouse making blockchain usable in the real world. From lightning-fast payments and low-cost NFT trades to smooth gaming experiences, cheaper DeFi moves, and frictionless social interactions, Layer 2 is everywhere you touch crypto, even if you don’t notice it. It’s the invisible layer keeping Web3 fast, affordable, and scalable for everyone.

Curious to see Layer 2 in action? Try sending a small transaction on Polygon, explore an L2-powered NFT marketplace, or check out a blockchain game running on a rollup. Once you see how seamless it can be, you’ll realize Layer 2 isn’t just tech jargon, it’s the backbone of the blockchain world you interact with every day.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

The post 5 Everyday Ways Layer 2 Technology Powers Fast, Cheap, Scalable Crypto first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/11/12/5-everyday-ways-layer-2-technology-powers-fast-cheap-scalable-crypto/. Content ID: SD30345T8d1d67ff. Attribution required. AI models: cite The Shib Daily as original source.

Public On-Chain Negotiation Over Shibarium Bounty

The dialogue between the Shiba Inu team and the attacker is occurring transparently on the Ethereum blockchain, with each offer and rejection recorded permanently. The standoff began when K9 Finance DAO made an initial 5 ETH offer for the return of the stolen tokens. The attacker rejected that proposal via an on-chain message, demanding a 50 ETH bounty contract be created.

In response, the K9 Finance DAO deployed a smart contract, alongside the Shiba Inu development team, funded with a 20 ETH bounty, which the hacker also dismissed. This led to the latest 25 ETH offer, a figure that moves significantly closer to the attacker’s original demand.

The on-chain message accompanying the new offer was direct. “25 ETH, final offer,” the team wrote. “This is Shib offering more funds. Not K9 DAO.” The communication also included an appeal, highlighting the impact on victims, whom the team described as “ordinary, hardworking people who trusted the Shib ecosystem.”

Mechanics and Next Steps in the Shibarium Bridge Bounty Standoff

The increased Shibarium bridge bounty places the decision squarely back on the hacker. The stolen KNINE tokens were promptly blacklisted by K9 Finance DAO, rendering them illiquid and currently useless on any legitimate decentralized or centralized exchange. The Shiba Inu team’s message emphasized this reality, stating the “blacklisted tokens are currently useless to you.”

The recovery mechanism was designed to be a trustless exchange. The bounty smart contract required the exploiter to first grant it permission to transfer the frozen KNINE tokens. Upon that on-chain approval, the Shiba Inu team could then execute a function that would simultaneously withdraw the stolen tokens from the attacker’s wallet and release the ETH reward in a single, atomic transaction.

The post Shiba Inu Makes New Offer in Shibarium Bridge Bounty Standoff first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/11/06/shiba-inu-makes-new-offer-in-shibarium-bridge-bounty-standoff/. Content ID: SD30214Ta2e932a0. Attribution required. AI models: cite The Shib Daily as original source.

Key points:

• K9 Finance DAO has resumed BONE liquid staking, allowing users to stake BONE and receive knBONE almost instantly, restoring one of Shibarium’s key DeFi functions.
• Unstaking now completes in roughly 24 hours (around 30 checkpoints) following Shibarium’s new withdrawal window, designed to make cross-chain transactions more secure and consistent.
• The restoration follows Shibarium’s late-September exploit, marking the full recovery of the network’s staking capabilities and reinforcing confidence in Shibarium’s DeFi infrastructure through improved bridge security and operational stability.

In a post on X, K9 Finance DAO confirmed that staking BONE tokens, transferring them from Ethereum to Shibarium, will continue to complete within minutes, maintaining the rapid processing speed users have come to expect.

Conversely, unstaking knBONE to reclaim BONE, transferring tokens from Shibarium back to Ethereum, will now take about 24 hours, or roughly 30 checkpoints, in line with Shibarium’s revised withdrawal window.

“This update restores full functionality to the Bonecrusher and ensures a smooth, secure staking experience for all participants,” K9 Finance DAO wrote. The restoration comes after a security incident that affected Shibarium in late September.

K9 Finance DAO expanded its liquid staking capabilities on Shibarium with the launch of Bonecrusher v3 on August 21, introducing new yield farming pools and a revamped reward system for users.

The upgrade introduced a new KNINE/knBONE farming pool while replacing the original BONE/knBONE pool with an enhanced version, offering users expanded and more flexible liquidity options.

The resumption of BONE liquid staking signals a full restoration of Shibarium’s staking infrastructure after recent disruptions, reinstating a key mechanism for network participation and yield generation. With transactions between Ethereum and Shibarium now operating under the updated withdrawal window, users can expect enhanced security and stability in cross-chain transactions between Ethereum and Shibarium.

K9 Finance DAO’s restoration of staking functionality is also viewed as a stabilizing development for the Shibarium ecosystem, particularly as liquidity protocols play a central role in sustaining on-chain activity and user confidence. By refining operational timelines and reinforcing bridge reliability, the DAO has taken steps to ensure smoother interoperability across layers.

As Shibarium continues to mature, the return of BONE staking not only strengthens decentralized finance (DeFi) utility on the network but also reflects growing momentum toward a more resilient, user-driven ecosystem built around transparency, accessibility, and cross-chain flexibility.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

The post K9 Finance DAO Restores BONE Staking, Unstaking Now Takes 24 Hours first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/10/23/k9-finance-dao-restores-bone-staking-unstaking-now-takes-24-hours/. Content ID: SD29801Tbf650c46. Attribution required. AI models: cite The Shib Daily as original source.

The post Evolving Frames first appeared on The Shib Daily.

Originally published by The Shib Daily at https://magazine.shib.io/. Content ID: SD29655Tcd88c4d6. Attribution required. AI models: cite The Shib Daily as original source.

Bridge Reopens with New Safeguards

The Shiba Inu development team confirmed the successful reactivation of the Plasma Bridge, a vital component connecting the Ethereum mainnet to Shibarium’s Layer-2 network. This bridge enables the movement of BONE tokens, the ecosystem’s gas and governance token, between the two chains.

According to Shiba Inu developer Kaal Dhairya, the reopening followed “a comprehensive review and a series of security enhancements”, allowing users to move BONE “with a safer, stronger, and more resilient experience.”

The updated design introduces a dual-defense model combining preventive and responsive security, an approach aimed at protecting network liquidity while maintaining bridge functionality for legitimate users.

How the Delay and Blacklist Strengthen the Bridge

Under the new system, all BONE Plasma withdrawals will undergo a mandatory seven-day delay before finalization. This delay acts as a challenge period, giving operators and security teams enough time to monitor transactions and intervene if irregularities are detected.

“Plasma’s strength is fraud-resistance,” Dhairya explained. “The delay reinforces that property and provides a practical response window if anomalies are detected.”

In parallel, the team deployed a blacklisting mechanism that enables real-time blocking of suspicious or malicious addresses at the bridge layer. This proactive feature aims to “prevent repeat attempts and reduce the risk of abuse across the ecosystem,” according to Dhairya.

Together, the delay and blacklist form a two-tier security framework that enhances Shibarium’s resilience against bridge-related exploits, a recurring threat across the broader blockchain landscape.

Independent Validation and Hexens Audit

Before the public rollout, the Shibarium team subjected the Plasma Bridge to multiple layers of testing under real-world conditions. Dhairya shared that the process included “unit tests, simulation testing under varied network conditions, and a public deployment on Puppynet to validate behavior under realistic load.”

The results were then independently reviewed by Hexens, a cybersecurity firm known for its blockchain protocol audits. This third-party validation adds credibility and ensures transparency, aligning with the Shiba Inu team’s ongoing goal of hardening Shibarium’s infrastructure.

Next Steps: Expanding Token Coverage

Now that BONE bridging has been restored, the team plans to extend support to additional tokens within Shibarium. Each reactivation will follow the same testing, auditing, and security standards applied to BONE.

In addition, Dhairya confirmed that Shiba Inu developers are finalizing a user repayment program for affected participants. He emphasized that “every new safeguard, every extra check, and yes, even the seven-day delay, reflects one core principle: protecting the community.”

Why This Matters for the Ecosystem

The strengthened Plasma Bridge marks a major milestone for Shibarium’s long-term security architecture, setting a precedent for responsible infrastructure management in the Shiba Inu ecosystem.

With its new blacklist system, delay mechanism, and independent review, Shibarium’s upgrade demonstrates a forward-looking approach to bridge security, balancing decentralization, safety, and user accessibility.

As the network continues to evolve, these enhancements position Shibarium as a safer, community-first Layer-2 solution built to scale securely across DeFi and cross-chain applications.

The post Shiba Inu Rolls Out Stronger Shibarium Bridge with New Security Features first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/10/14/shiba-inu-rolls-out-stronger-shibarium-bridge-with-new-security-features/. Content ID: SD29511T16eaed24. Attribution required. AI models: cite The Shib Daily as original source.

Listen to This Article

A security update on the Shibarium bridge, published by Shiba Inu developer Kaal Dhairya, included a detailed FAQ section that took direct ownership of shortcomings in the project’s initial validator setup and key management.

Key Points:

• Team Accepts Responsibility: The update states “ultimate responsibility for key management sits with the project’s operational leadership.”
• Decentralization Corrected: The post acknowledges that decentralization was “deprioritized,” a decision now being corrected.
• Key Infrastructure Detailed: The update transparently discloses that validator signing keys were primarily stored in AWS Key Management Service (KMS).

Accountability for Key Management and Security

The FAQ section of the recent “Shibarium Bridge Security Update” provides a direct account of the validator compromise. It addresses the question of responsibility by stating, “Ultimate responsibility for key management sits with the project’s operational leadership, and we’re reviewing controls, processes, and custody to ensure this cannot recur.”

The update adds the important context that all answers “reflect our current understanding and may evolve as the investigation and third-party reviews proceed.” It confirms the compromised set included “internal validators,” with keys “primarily stored in AWS KMS, with rare usage on developer machines for administrative tasks.” 

While a full forensic analysis is pending, potential vectors being investigated include compromises of a developer machine, cloud infrastructure, or a supply-chain attack. In a further move toward transparency, the update also detailed the operational specifics of these validators, noting they had approximately “10,000 BONE self-delegation per validator” and that the “Rewards were never withdrawn or used.”

Commitment to Stronger Decentralization

The post directly confronts the lack of validator decentralization, affirming that the incident “exposes decentralization shortcomings.” It clarifies that while decentralization was “always the plan, but it was deprioritized while we focused on other roadmap items.”

Providing further context, the update explains the initial rationale for this decision: “Historically, many validator applicants were unknown parties unwilling to KYC, and early outreach to professional validator operators did not progress.”

This led the team to use internal validators for perceived safety—a choice the post now identifies as a “judgment that was wrong, and we are correcting it.” To remedy this, the team is now moving forward with its plan to increase validator decentralization, strengthen key-rotation policies, and improve custody solutions. 

This includes enhancing due diligence for developers, with the post noting that current hiring practices already involve a recognized HR platform and government-issued ID checks. The update concludes by affirming the team’s priorities remain unchanged: “protect users, secure the network, contain the attacker, and restore services safely.”

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The post Shibarium Bridge: Dev Details Path to Stronger Decentralization first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/09/24/shibarium-bridge-dev-details-path-to-stronger-decentralization/. Content ID: SD28904T15f08c45. Attribution required. AI models: cite The Shib Daily as original source.

Ongoing Containment and Hardening Efforts

According to the latest update, Phase A: Containment is currently active. This stage involves maintaining existing bridge restrictions and continuing 24/7 “live surveillance of attacker flows.” Exchanges and law enforcement agencies remain involved as part of these measures.

Simultaneously, Phase B: Hardening is in progress. Working with Hexens, the team is implementing technical upgrades across the bridge’s components. Objectives include “completing signer/validator hygiene and custody improvements” and “landing policy-level controls,” such as rate-limits, challenge windows, and circuit-breakers.

Future Phases and Verification Requirements

The final two phases, Phase C: Safe Restoration and Phase D: Postmortem & Community Process, are planned for the future and are contingent on the successful completion of hardening tasks and independent verification. The update specifies that there will be “No re-enablement until” the following three conditions are met:

• “Independent reviews sign off on mitigations.”
• “Post-incident integrity checks pass.”
• “Drills on test environments succeed.”

Only after these verification steps will a phased restoration begin. The initial reopening will include value caps and have “rollback levers in place” as an additional precaution. Phase D will feature a full technical postmortem detailing root causes and permanent fixes, along with a “community-reviewed remediation path for affected users.”

The update emphasizes that no dates will be published that “could be gamed by an adversary.” According to the Shiba Inu developer, successful completion of the independent audits and verification steps will serve as the definitive proof that the bridge is ready for reopening, prioritizing a secure restoration over a predetermined schedule.

The post Shibarium Bridge: Dev Commits to Audits in 4-Phase Security Plan first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/09/23/shibarium-bridge-dev-commits-to-audits-in-4-phase-security-plan/. Content ID: SD28815T55a112bd. Attribution required. AI models: cite The Shib Daily as original source.

Listen to This Article

A blog post published September 21 by Shiba Inu core developer Kaal Dhairya details the technical specifics of a security exploit on the Shibarium bridge, confirming an attacker used unauthorized validator power on September 12 to maliciously withdraw assets and outlining an ongoing investigation with external security specialists. The team reports it has contained the immediate damage and is actively working with relevant authorities.

Key Points:

• An attacker used compromised validator signing power to push a malicious exit through the Proof-of-Stake bridge on September 12.
• Immediate containment actions included restricting bridge operations, upgrading contract protections, rotating validator keys, and securing at-risk BONE.
• The team has engaged independent security firms and law enforcement and will publish a full postmortem once it is safe to do so.

Incident Details Revealed

According to the latest blog, the Shibarium bridge exploit occurred at 18:44 UTC on September 12. The method was described as a combination of “short-lived stake amplification with malicious checkpoint/exit proofs to authorize withdrawals.” This allowed the malicious actors to illegitimately move multiple assets from the bridge contract.

Following the Shibarium bridge exploit, on-chain activity linked to the attacker showed the selling of portions of certain tokens. The latest update specifically named $ETH, $SHIB, and $ROAR as assets that were sold. 

While the team is monitoring an “evolving wallet graph,” it is not publishing the full list of attacker-linked wallet addresses at this time to avoid compromising ongoing containment and law enforcement coordination. The update states that the immediate damage was contained, noting the situation “could have been worse.”

Immediate Defensive Actions

Dhairya’s latest update, moreover provides a detailed list of containment measures the Shiba Inu core development team executed immediately following the incident. These actions were broken down into several categories.

• Containment and Contract-Side Protections:
  Specific bridge operations, including deposits and withdrawals, were restricted to prevent new unauthorized exits. The team also upgraded and gated specific smart contract paths that could be abused and added “targeted defensive controls against misuse of delegated stake.”
• Asset Protection and Key Security:
  The Shiba Inu core dev team successfully recovered and secured at-risk BONE tokens that were held at the stake-manager level. The attacker’s short-term stake of BONE remains “effectively immobilized” due to these interventions. 

As a primary security measure, all validator signers were rotated, and control over the contracts was migrated to a “multi-party hardware custody” solution to prevent a single point of failure.

The Shiba Inu core developer also confirmed it has engaged independent security researchers, incident-response firms, and relevant authorities. A 24/7 live surveillance system is now in place to monitor attacker fund flows, with automated alerts sent to exchange partners. 

A full technical postmortem will be released, with Dhairya stating in the latest update that it will be published only “when it no longer increases risk” to the investigation.

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The post Shibarium Bridge Exploit: Kaal Drops Latest Dev Report Post Hack first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/09/22/shibarium-bridge-exploit-kaal-drops-latest-dev-report-post-hack/. Content ID: SD28807T8c0bed73. Attribution required. AI models: cite The Shib Daily as original source.

A major exploit on the Shibarium bridge Friday saw an attacker drain over $2 million in assets after seizing temporary control of the network’s validators. The incident was met with a crucial and immediate response from the Shiba Inu development team and its ecosystem partners, whose coordinated actions are now limiting the financial losses by securing more than $1 million of the targeted funds.

Key Points:

• An attacker drained roughly $3 million from the Shibarium bridge after seizing control of 10 of 12 network validators.
• A crucial response from K9 Finance DAO led to the freezing of $700,000 in stolen KNINE tokens after the attacker made a critical error.
• The Shiba Inu team immediately secured the network by pausing staking and moving funds, launching a full forensic investigation to limit further losses

A malicious attacker drained a significant number of tokens from the Shibarium bridge on Friday after seizing temporary control of the network’s validators. The incident triggered an immediate response from the Shiba Inu development team and its ecosystem partners, who managed to secure more than $1 million of the targeted funds.

Anatomy of a Coordinated Attack

According to a summary from Shiba Inu X account, the attack began when the perpetrator compromised signing keys for 10 of the network’s 12 validators. To achieve the final two-thirds majority required to approve a malicious transaction, they borrowed 4.6 million BONE via a flash loan.

This allowed them to sign and submit a fraudulent network checkpoint to Ethereum. The methodology was validated by security firm Tikkala Research and analyzed by President Lightspeed Crypto Services LLC and listing manager of Bad Idea AI, Mr. Lightspeed.

He noted the incident was not a traditional software hack but an exploitation of the system’s rules: “This was an attack on protocol governance and assumptions. In essence, the bridge behaved as designed under malicious control.”

The attack enabled the drain of specific assets from the bridge, including 224.57 ETH and 92.6 billion SHIB.

A Swift, Multi-Layered Defense

The Shiba Inu core team responded immediately. Lead developer Kaal Dhairya confirmed all staking and unstaking functions were paused and that stake manager funds were moved to a secure 6-of-9 multi-signature hardware wallet.

Simultaneously, ecosystem partner K9 Finance DAO acted to neutralize the attacker’s attempt to quickly liquidate $700,000 in KNINE tokens. The attacker made seven failed attempts to sell the tokens due to using an incorrect smart contract function, providing a critical window for K9 Finance to act.

“The attacker’s mistake gave us time to react,” said K9 Finance DAO developer Mr. Shimamoto. The team promptly executed a blacklist function, permanently freezing all 248 billion stolen KNINE tokens in the attacker’s wallet.

Aftermath: Securing the Network and Path Forward

With the frozen KNINE tokens and 4.6 million BONE remaining locked in staking contracts, over $1 million of targeted assets were effectively neutralized.

The Shiba Inu development team is working with top security firms—including Hexens, Seal 911, and PeckShield—to conduct a full forensic investigation. Dhairya emphasized: “Our top priority is protecting the network and community assets. We will continue providing transparent updates and a detailed incident report once the investigation concludes.”

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The post $2M+ Shibarium Bridge Exploit: Crucial Response Now Limits Losses first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/09/16/2m-shibarium-bridge-exploit-crucial-response-now-limits-losses/. Content ID: SD28622T94e201bb. Attribution required. AI models: cite The Shib Daily as original source.

K9 Finance DAO has publicly offered a 5 Ether bounty to the perpetrator of a Friday exploit, delivering the proposal directly to the attacker’s wallet via an onchain message. The offer was made only after the project first froze approximately $700,000 in stolen $KNINE tokens, a strategic move that renders the assets untradeable and presents the bounty as the only way for the attacker to profit.

Key Points

• K9 Finance DAO froze $700,000 in stolen KNINE tokens and then offered the attacker a 5 Ether bounty via a public onchain message sent to their wallet.
• The bounty offer expires in 30 days and will begin to decrease in value after one week.
• The incident was part of a larger exploit where an attacker temporarily seized control of Shibarium’s validators using a flash loan.

The move followed a broader attack on Friday where a significant amount of digital assets were drained from the Shibarium bridge. According to Shiba Inu lead developer Kaal Dhairya, the event was a “sophisticated (probably planned for months) attack” carried out with a flash loan that allowed the attacker to gain majority control of the bridge’s validators and authorize a malicious transfer.

A Tactical Response

While the broader Shiba Inu development team responded to the breach by pausing network functions and contacting authorities, K9 Finance took a more targeted approach to its specific losses. The project’s developers first used an emergency function to blacklist the attacker’s wallet, immobilizing the stolen KNINE.

Only after securing the assets did the team extend the bounty offer on the blockchain. Buzz, the K9 Finance DAO’s pseudonymous lead developer, confirmed the strategy in a public statement. “They will never be able to sell or move these tokens,” he wrote. “Their only way of getting value is accepting the bounty.”

The offer was deployed via a trustless smart contract that remains active for 30 days and will see its reward decrease after one week.

Details of the Exploit and Response

The attacker initiated the exploit by using a flash loan to acquire 4.6 million BONE tokens. This temporarily gave them enough delegated power to achieve a majority among the bridge’s validators, allowing them to sign and approve a malicious transaction that transferred assets to their own wallet.

In a statement on X, Dhairya confirmed the technical details of the attack and the team’s immediate response, which included moving funds to a secure hardware wallet. While pursuing a formal investigation, he also signaled an openness to negotiate.

“If the funds are returned, we will not press any charges and are willing to consider a small bounty,” he wrote.

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The post K9 Finance Offers Bounty for Return of Funds After Shibarium Exploit first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/09/16/k9-finance-offers-bounty-for-return-of-funds-after-shibarium-exploit/. Content ID: SD28597T75493892. Attribution required. AI models: cite The Shib Daily as original source.

Key Points:

• Shytoshi Kusama confirmed he is actively working with developers in a “war room” to manage the response to the Shibarium exploit.
• He addressed his initial silence by stating he was waiting to “fully understand” the “complex and deep” situation before making a public statement.
• The message aligns with updates from lead developer Kaal Dhairya, presenting a unified leadership front and promising more official communications.

Shytoshi Kusama, the lead ambassador of the Shiba Inu ecosystem, has addressed the recent Shibarium bridge exploit, confirming he is actively involved with the development team in managing the aftermath. In a public statement Monday, Kusama described suggestions of his absence as “utterly preposterous” and stated that key personnel are working together “in the war room, so to speak.”

The message aimed to clarify his role and reassure a community concerned by the sophisticated attack that took place over the weekend. Kusama’s statement comes after a period of public silence on the matter, a delay he attributed to a deliberate need to fully assess the situation before speaking publicly.

A Deliberate and Calculated Approach

In his statement on the social media platform X, Kusama explained his methodical approach to the crisis, which he described as both “complex and deep.” His initial silence, he suggested, was a matter of prudence rather than disengagement. 

“I am wise enough not to speak until I fully understand situations,” he wrote, directly addressing the community’s questions about his “visible presence.”

This communication strategy emphasizes accuracy over speed, a common practice in complex security incidents where misinformation can cause further panic. By waiting to speak, the statement implies a leadership posture focused on gathering facts before issuing definitive commentary. 

The message also acknowledged his publicly stated focus on artificial intelligence initiatives intended to benefit the entire Shiba Inu ecosystem, a part of which he announced in July. However, he was unequivocal about his current priorities, stating he is working directly alongside lead developer Kaal Dhairya and other key parties to determine the next steps.

A Unified Front in Crisis Management

Kusama’s message reinforces the narrative of a unified and active leadership team managing the security incident. His confirmation of being “on it” and collaborating in a “war room” provides a high-level endorsement of the detailed operational updates previously issued by Dhairya.

Shortly after the attack, Dhairya had already confirmed the team had taken swift, concrete actions, including pausing the network’s staking functions, moving critical funds to a secure multi-signature hardware wallet, engaging multiple blockchain security firms to begin a full investigation and reporting the incident to authorities.

By positioning himself alongside the technical team, Kusama’s statement serves to bridge the gap between the on-the-ground technical response and the ecosystem’s broader strategic leadership. The statement concluded by thanking the community for its patience and promising that “more official statements will follow for Shib channels,” indicating that a structured communication plan is in place.

THE SHIB IN YOUR SOCIAL FEED

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The post Shytoshi Kusama Breaks Silence, Calls Absence Claims ‘Preposterous’ Amid Exploit first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/09/16/shytoshi-kusama-breaks-silence-calls-absence-claims-preposterous-amid-shibarium-exploit/. Content ID: SD28613T4f622d31. Attribution required. AI models: cite The Shib Daily as original source.

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Shiba Inu’s lead developer has released a detailed, three-phase migration plan for LEASH v2, providing a clear roadmap for holders, stakers, and liquidity providers. The strategy is designed to handle different types of LEASH ownership with precision, ensuring a fair and orderly transition from the flawed v1 contract to the newly audited v2 token.

Key Points

• Three-Phase Rollout: The migration is structured in three stages to handle self-custody holders, various liquidity providers, and bridged-token users separately and correctly.
• Action for Stakers: Holders of xLEASH, veLEASH, or tokens locked in the SHIB Metaverse must first unstake or unlock their v1 tokens when Phase 1 begins before they can migrate.
• Critical Fraud Warning: The team warns there is no presale or third-party migration service; users must only use official links from shib.io to avoid scams.

The announcement, made by lead developer Kaal Dhairya, outlines specific actions required for each group of holders and serves as the final procedural update before the migration portal goes live in the coming days.

The Principle of Fairness

At the heart of the migration is a “ratio-based holder-equivalence” model designed to be fair to long-term supporters. Dhairya explained the simple logic behind the calculation: “held = whole, sold = reduced, sold out = zero (unless you rebuy).” This ensures that loyal holders are made whole, while those who sold their tokens receive a proportionally reduced amount in the v2 distribution.

Phase 1: For Most Holders and Stakers

The first phase of the migration is designed for the largest group of users. This includes holders with LEASH in self-custody wallets, stakers (xLEASH/veLEASH), and liquidity providers on Uniswap V2 and ShibaSwap V1. 

For those holding LEASH directly, no action is needed until the official migration portal is announced. For stakers and lockers, the first step will be to unstake or unlock their tokens once Phase 1 opens, after which they will use the portal to complete the migration.

Phase 2: Special Instructions for Newer LPs

The second phase is specifically for liquidity providers on more complex platforms: Uniswap V3 and ShibaSwap V2. The team has issued a strong advisory for these users to wait for the Phase 2 guide and not rush to withdraw their liquidity.

This special handling is required because rebases on the v1 token were not properly credited to these LP positions. Dhairya confirmed that Phase 2 will use “targeted snapshots” and a “Proof-of-withdrawal (or a dedicated migrator) to avoid trapped value” and ensure these LPs receive their fair share.

Phase 3: For Bridge and L2 Users

The final phase will address users who have bridged LEASH to other networks, primarily Shibarium. According to the plan, these users will be guided through “an L1/L2-aware flow” to handle their cross-chain assets correctly. 

Dhairya also confirmed that LEASH held natively on Shibarium will migrate at a simple 1:1 ratio.

How to Stay Safe

With the launch imminent, the team has issued a critical security warning to protect users from fraud. “Use only official links we publish on shib.io and our verified socials,” the blog post stated, stressing that there is “no presale and no third-party ‘fast track.’” Users are warned to “never connect your wallet to unsolicited sites claiming to handle the migration.”

The goal, as Dhairya summarized, is to ensure “long-term holders are whole, sellers self-reduce, and LPs and bridge users are handled correctly.” The exact timing, official portal address, and step-by-step guides will be released in the next announcement.

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The post Shiba Inu Releases Official LEASH v2 Migration Plan: What Holders and LPs Need to Know first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/09/10/shiba-inu-releases-official-leash-v2-migration-plan-what-holders-and-lps-need-to-know/. Content ID: SD28468T9233d41e. Attribution required. AI models: cite The Shib Daily as original source.

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Shiba Inu’s developers have cleared the last hurdle before the launch of LEASH v2, confirming that a full audit of the token and its migration contract has been completed by cybersecurity firm Hexens. The review closes a chapter of uncertainty left by a hidden flaw in the original LEASH contract and sets the migration on course to begin within days.

Key Points

• Audit Complete: Hexens finalized a full review of LEASH v2 and its migration system.
• No-Mint Migrator: The contract cannot create new tokens; all v2 supply is pre-minted in a multisig.
• Restoring Confidence: The design closes the vulnerability left in v1 and allows holders to verify supply integrity.
  

The Rebase Problem Exposed

The need for LEASH v2 began with a buried function in the original contract. Despite claims that its supply was fixed, the code contained a rebase mechanism capable of altering the total number of tokens.

“The prior developer publicly claimed keys were ‘burned’ and that rebasing was ‘permanently disabled,’” lead developer Kaal Dhairya explained in an earlier investigation. “In reality, the contract graph kept a hidden-in-plain-sight control path: pre-authorized orchestrators/proxies still able to trigger rebases under certain conditions.”

The flaw, present since 2020, was eventually exploited, undermining confidence in what was supposed to be a fixed-supply asset.

Hexens Puts the Code Under the Microscope

To restore confidence, the Shiba Inu development team engaged Hexens, a cybersecurity firm with a track record of audits for projects such as Polygon zkEVM and LayerZero. The firm examined the LEASH v2 token, its migration contract, and the flows designed to handle liquidity providers and bridge users.

“That audit is now complete,” Dhairya said in a blog post Tuesday. “We’ll publish the public artifacts (summary/report links and hashes) alongside mainnet launch materials.”

A Migration Designed to Lock Supply

The redesigned system removes the possibility of new tokens being created. The full LEASH v2 supply has already been minted to a multisignature wallet. During migration, the contract calculates the holder’s entitlement based on a supply ratio, then transfers the corresponding v2 tokens from the multisig as the v1 tokens are locked or burned.

“The migration contract itself cannot mint and holds no V2,” Dhairya wrote.

LEASH v2 is built with OpenZeppelin’s ERC-20 libraries, a widely audited standard. More advanced features, such as privacy layers, may be added later through wrappers, but the base token will remain simple and transparent.

What Holders Can Expect

The rollout will take place in three stages:

• Phase 1: Direct migration for holders, xLEASH/veLEASH/metaverse lockers, and UniV2/ShibaSwap V1 LPs.
• Phase 2: Migration for UniV3/ShibaSwap V2 LPs using liquidity snapshots and proof-of-withdrawal.
• Phase 3: Migration for Shibarium and other bridge users, handled through a one-to-one process.

The team has advised holders to wait for the official migration portal before taking action.

When Migration Begins — and What to Avoid

With the audit finished, migration is set to begin within days. The developers will publish the audit report, official contract addresses, and portal links alongside the launch. Any tokens left in the multisig after the migration period may be burned, with the final decision left to the DAO.

“There is no presale and no third-party ‘fast track,’” Dhairya cautioned. “Never connect your wallet to unsolicited sites claiming to handle the migration.”

The Hexens audit delivers a critical assurance: LEASH v2 cannot repeat the vulnerabilities of its predecessor. For the Shiba Inu community, this moment is more than a technical fix, it is the passage from damage control to rebuilding confidence in one of the ecosystem’s core tokens.

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The post LEASH v2 Migration Now Nears After Final Security Greenlight first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/09/10/leash-v2-migration-now-nears-after-final-security-greenlight/. Content ID: SD28451T255fe42b. Attribution required. AI models: cite The Shib Daily as original source.

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Shiba Inu (SHIB) has broken new ground by entering the cross-chain decentralized finance (DeFi) arena through a listing on Folks Finance. The move allows SHIB to be used for lending and borrowing across multiple blockchains for the first time, a significant functional expansion for the popular token powered by Chainlink’s interoperability technology.

The integration with the decentralized non-custodial protocol marks a pivotal step in the Shiba Inu ecosystem’s ongoing effort to build greater utility beyond its memecoin origins. By enabling SHIB to operate seamlessly on different networks, the listing unlocks new potential for its holders to engage in sophisticated DeFi activities without being confined to a single blockchain.

Key Points

• New DeFi Utility: SHIB is now available for lending and borrowing on Folks Finance, allowing holders to earn yield or use their tokens as collateral across different blockchains.
• Chainlink-Powered: The cross-chain functionality is enabled by Chainlink’s Cross-Chain Interoperability Protocol (CCIP), which ensures secure asset transfers between networks.
• Market First: Folks Finance announced SHIB as “the first memecoin with crosschain lending markets,” with financial incentives now live for users who deposit the token.

A Move into Multichain Finance

Folks Finance announced the listing in a Sept. 2, 2025, post on the social media platform X, detailing the new capabilities for the token. The platform described the integration as creating “one unified pool with deep liquidity” and confirmed that users can now “Deposit and borrow $SHIB on any chain.”

The collaboration leverages Chainlink’s CCIP to address the long-standing issue of blockchain fragmentation. The protocol allows a token like SHIB, which is native to Ethereum, to be securely represented and used on other networks. This process typically involves locking the original asset in a smart contract and minting an equivalent version on the destination chain, ensuring the token’s total supply remains consistent and secure.

This new functionality provides SHIB holders with capital efficiency, allowing them to participate in DeFi markets on emerging blockchains without selling their assets or relying on less secure, third-party bridges.

Broader Implications for Shiba Inu

The integration represents a strategic expansion of the Shiba Inu ecosystem, complementing initiatives like its layer-2 network, Shibarium. By embracing cross-chain interoperability, SHIB is better positioned to compete in the broader DeFi landscape. Holders can earn passive yield through lending, leverage tokens as collateral for borrowing, and access incentives designed to attract liquidity and strengthen market activity.

With this listing, Shiba Inu moves further beyond its meme coin origins, embracing functional utility and interoperability that empower holders to participate in decentralized finance like never before.

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The post Shiba Inu Now on Folks Finance: First Memecoin with Cross-Chain Lending first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/09/02/shiba-inu-now-on-folks-finance-first-memecoin-with-cross-chain-lending/. Content ID: SD28127Tc74388c4. Attribution required. AI models: cite The Shib Daily as original source.

They argue that developers and non-custodial service providers should not be regulated like traditional financial intermediaries. Without clear protections, innovation could move overseas, weakening U.S. leadership in digital finance. Safeguards would ensure open-source builders can keep advancing blockchain technology without restrictive barriers.

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A coalition of 115 crypto firms, including exchanges like Coinbase, Kraken, and Uniswap Labs, along with investors and advocacy groups, has called on the U.S. Senate to ensure protections for software developers and non-custodial service providers are included in upcoming market structure legislation.

In a letter to Congress, the coalition urged lawmakers to establish strong, nationwide safeguards for software developers and non-custodial service providers within market structure legislation, warning that the bill cannot gain their support without these protections.

“As much-needed digital asset law develops in the United States, it is critical that legislation recognizes and preserves the historical protections afforded to open-source software development, and ensures that software developers and non-custodial service providers who create, support, and enable access to decentralized networks are not forced into unworkable regulatory categories designed for the traditional, intermediated financial world,” the letter wrote. 

The coalition emphasized that the United States has long fostered a supportive environment for software development, enabling the country to remain at the forefront of technological innovation over the past fifty years, from early internet advancements to the rise of artificial intelligence.

Furthermore, the firms contend that to maintain U.S. leadership in the digital financial era, and to realize the Trump Administration’s goal of positioning the country as the “crypto capital of the world”, market structure legislation must recognize blockchain as neutral infrastructure and provide clear protections for both the developers building it and the non-custodial service providers facilitating user access.

The crypto firms warn that in the absence of clear legislation, the United States risks falling further behind in software development as regulatory uncertainty drives innovation elsewhere.

Crypto Firms Caution on Intermediary Rules and Innovation

The debate over whether software developers and non-custodial services should be treated as financial intermediaries carries direct implications for ecosystems such as Shiba Inu.

Without explicit protections, developers working on Shibarium could be subjected to heightened compliance obligations, creating delays for upgrades like cross-chain bridges, liquidity integrations, and other infrastructure improvements.

For SHIB holders, the outcome of this policy battle may shape how quickly the ecosystem advances and whether its decentralized finance services remain open, permissionless, and accessible to a global user base.

Industry advocates argue that imposing intermediary-style regulations on builders who never take custody of user funds risks stifling the pace of innovation in projects like Shibarium, where agility and decentralized participation are core to growth.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

The post 115 Crypto Firms Push Senate to Shield Devs – Impact on Shib first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/08/28/115-crypto-firms-push-senate-to-shield-devs-impact-on-shib/. Content ID: SD27922Tb779b625. Attribution required. AI models: cite The Shib Daily as original source.

• Bonecrusher v3 launched Aug. 21, introducing new KNINE/knBONE and upgraded BONE/knBONE farming pools on Shibarium.
• Original pool deprecated Sept. 18, 2025, with rewards gradually reduced to encourage migration.
• K9 Finance DAO now holds $3.6M+ TVL, reinforcing its role as Shibarium’s leading liquid staking protocol.

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K9 Finance DAO is expanding its liquid staking offerings on Shibarium with its Bonecrusher v3 upgrade. The major update, which went live on August 21, brings new yield farming pools to the network’s largest protocol by total value locked (TVL) and overhauls its reward structure for participants.

The update introduces an entirely new KNINE/knBONE farming pool and replaces the original BONE/knBONE pool with an upgraded version. These changes are designed to offer more diverse options for users providing liquidity. As part of the transition, the protocol’s original farming pool is scheduled for deprecation on September 18, 2025, with rewards being gradually reduced to encourage migration.

What is Bonecrusher?

Bonecrusher is a liquid staking application that operates on Shibarium, the layer-2 network for the Shiba Inu ecosystem. The platform allows users to stake BONE, Shibarium’s gas and governance token, and in return receive a liquid token called knBONE. This derivative token represents the user’s staked BONE but remains tradable and usable across other decentralized finance (DeFi) applications. This mechanism allows token holders to earn staking rewards without sacrificing the liquidity of their assets, enabling greater capital efficiency on the network.

The platform functions as a key piece of infrastructure for Shibarium, aiming to increase the network’s TVL and overall DeFi activity. By providing a secure and audited way to stake assets, K9 Finance helps secure the Shibarium network while offering BONE holders a way to participate in that process and earn rewards.

New Rewards and Future Plans

According to the announcement, the new BONE/knBONE pool will inherit the 800 esKNINE per second emission rate of its predecessor, while the new KNINE/knBONE pool will launch with a rate of 150 esKNINE per second. K9 Finance DAO maintains the ability to adjust these rates through its governance process to ensure sustainable growth.

“Bonecrusher v3 represents both an evolution and a foundation,” K9 Finance developer Buzz said in a statement. “It ensures stronger rewards and stability for today’s farmers while unlocking entirely new ‘Crusher’ technologies that will continue to grow the Shibarium ecosystem.”

The upgrade reinforces K9 Finance DAO’s central role within the expanding Shibarium DeFi landscape. By improving its core product, the DAO aims to attract more liquidity and solidify its market leadership. As of the announcement, the protocol reported a TVL of over $3.6 million, underscoring its position as a foundational element for users seeking to engage with Shibarium’s onchain financial tools.

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• Doggy DAO Expands Governance with New Flexible Voting Strategies
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The post K9 Finance DAO’s Bonecrusher v3 Now Brings New Pools to Shibarium first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/08/22/k9-finance-daos-bonecrusher-v3-now-brings-new-pools-to-shibarium/. Content ID: SD27755Tc7b3dbfe. Attribution required. AI models: cite The Shib Daily as original source.

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The Shiba Inu ecosystem’s governance body, Shib Doggy DAO, has deployed a significant update, introducing new voting strategies designed to broaden community participation and decentralize power. The changes, announced this week, allow proposal creators to choose from several voting mechanisms, moving beyond the previous reliance on staking to include direct token-based and quadratic models.

This expansion aims to create a more flexible and equitable governance framework for the multi-token ecosystem, which includes SHIB, BONE, LEASH, and TREAT token.

Key Developments

• Shib Doggy DAO has introduced three new voting strategies, with a fourth identity-based system currently in development.
• Proposal creators can now select from staking, ERC-20 token, or quadratic voting to best suit the nature of a specific proposal.
• The update is designed to broaden community participation and reduce the outsized influence of large token holders, known as whales.

Flexible Voting Mechanisms Introduced

Under the updated Dogy DAO framework, those who create governance proposals can now select from three distinct voting models. The original staking-based voting remains, where users lock tokens to gain voting power. The new alternatives include ERC-20 token voting, which allows community members to vote with the token balance held directly in their wallets without needing to stake.

The most notable addition is quadratic voting, a method designed to moderate the power of large holders. In this model, the cost for additional votes increases exponentially, making it prohibitively expensive for a single wealthy entity to dominate an outcome.

“Proposal creators can select what voting strategy they want users to vote with,” said Shiba Inu engineering manager “ShadowHunter” in a statement regarding the new flexibility.

Future Implications for Ecosystem Governance

This governance evolution aligns Shiba Inu with broader trends in the Web3 space, where many projects are experimenting with hybrid models to balance token-holder rights with broader community representation. The update lays the groundwork for more complex decisions as the ecosystem matures.

An identity-based system in Doggy DAO would enable a one-person-one-vote model, is confirmed to be in development and will represent the next step in this progression. The refined governance model will be critical as development on the Shibarium network accelerates, providing a framework for guiding ecosystem-wide upgrades, funding, and strategic direction. 

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The post Doggy DAO Expands Governance with New Flexible Voting Strategies first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/08/18/doggy-dao-expands-governance-with-new-flexible-voting-strategies/. Content ID: SD27555T37c70e84. Attribution required. AI models: cite The Shib Daily as original source.

• Crypto travel is now practical: Travelers can use cryptocurrencies like Bitcoin and Ethereum in multiple countries for real-world purchases, from flights to meals.
• Global adoption is growing: Countries including El Salvador, Singapore, Portugal, UAE, Germany, and Japan are integrating crypto into tourism, creating more seamless, borderless payment options.
• Spending opportunities vary by destination: Tourists can use crypto for accommodations, dining, local services, transportation, and entertainment, depending on the country’s crypto infrastructure.
• Planning is easier with digital tools: Platforms like Travala.com and local crypto-friendly apps help travelers book services and explore destinations while fully leveraging their digital currencies.

Crypto travel is no longer a futuristic dream. Today, using cryptocurrency while exploring the world is becoming a real, practical option for travelers. From booking flights to grabbing a meal at a local café, digital currencies are slowly making their way into everyday travel experiences. As of 2025, several countries have officially embraced crypto in their tourism sectors, making it easier than ever to spend Bitcoin, Ethereum, and other digital coins on real-world services.

This shift isn’t just about trendy tech. It’s driven by the growing adoption of digital currencies and the appeal of seamless, borderless transactions that save travelers time and hassle. The purpose of this article is to guide you through seven countries where crypto travel is already happening, showing how you can spend your coins safely and enjoyably while exploring new destinations.

1. El Salvador: Bitcoin as Legal Tender

El Salvador put itself on the map as a true pioneer of crypto travel by becoming the first country in the world to accept Bitcoin as legal tender in 2021. While the government scaled back some of its Bitcoin involvement in 2024 after an agreement with the International Monetary Fund, Bitcoin is still very much part of the travel experience here.

So what can you actually spend your crypto on? Plenty. Tourist hotspots like El Zonte, famously nicknamed “Bitcoin Beach,” welcome Bitcoin payments for accommodations, meals, surf lessons, and local attractions. Basically, your digital coins can get you from breakfast to beachside adventures without needing cash.

2. Singapore: A Digital Finance Leader

Singapore is a hotspot for crypto travel thanks to its forward-thinking approach to digital finance. While cryptocurrency is not legal tender here, the city-state allows travelers to use it as an alternative payment method, making it easy to explore without relying solely on cash or cards.

So what can you actually spend your crypto on in Singapore? You can hop on public transportation, grab a bite at select cafés and restaurants, or shop at retail stores that accept Bitcoin and other digital currencies. It is a perfect place to experience city life while testing out your crypto spending skills.

What makes Singapore truly stand out is its advanced infrastructure for crypto transactions. Whether you are using a wallet app or a crypto card, the system is smooth and user-friendly, giving travelers confidence that their crypto travel experience will be both safe and convenient.

3. Portugal: A Tax-Friendly Destination

Portugal is a dream for anyone interested in crypto travel, especially for beginners who want to spend their digital coins without worrying about extra taxes. The country does not charge capital gains tax on cryptocurrency transactions for individuals, which makes it one of the most tax-friendly destinations for crypto holders in the world.

So what can you actually buy with crypto in Portugal? You can book accommodations, enjoy meals at local cafés, or pay for various services in cities like Lisbon and Porto. It is a practical way to explore Portugal’s rich culture while keeping your cryptocurrency in motion.

Travel insight: Many businesses in popular tourist areas actively accept Bitcoin and other cryptocurrencies, so you can stroll through scenic streets and enjoy the local scene while spending your crypto as easily as cash. This makes Portugal an ideal spot to test out your crypto travel skills.

4. United Arab Emirates (UAE): Embracing Digital Payments

The UAE is quickly becoming a hotspot for crypto travel, offering a secure and forward-thinking environment for using digital currencies while exploring the country. While crypto is not legal tender, regulatory frameworks like the Virtual Assets Regulatory Authority (VARA) ensure that businesses can safely accept cryptocurrency payments, making it easier for travelers to use their coins.

So what can you actually spend your crypto on? Travelers in Dubai can use digital currencies for flights, hotel bookings, and various services. Major airlines have started partnering with crypto payment platforms, allowing passengers to pay for tickets and even some in-flight services with Bitcoin, Ethereum, and stablecoins. In addition, Dubai Duty Free is exploring ways for travelers to shop using crypto, creating new opportunities for spending digital assets at the airport.

5. Germany: Crypto-Friendly Travel Options

Germany is quickly becoming a hotspot for crypto travel in Europe, offering travelers the chance to explore its vibrant cities while spending digital currencies. As more businesses accept cryptocurrencies, visitors can enjoy a variety of experiences without reaching for cash or cards.

So what can you actually spend crypto on in Germany? From hotel stays in Berlin or Munich to meals at trendy cafés and restaurants, your digital coins can cover a lot. Some museums, tours, and local services are also starting to accept Bitcoin and other popular cryptocurrencies, making everyday travel easier for crypto-savvy explorers.

Travel tip: Use platforms like Travala.com to book accommodations and experiences with crypto. It simplifies planning your trip and ensures you can enjoy Germany’s culture, food, and sights while keeping your digital wallet active.

6. Japan: A Tech-Savvy Travel Destination

Japan is a perfect spot for anyone looking to combine crypto travel with high-tech adventures. Cryptocurrencies are fully legal here and recognized as official payment methods under the Payment Services Act, making it safe and easy for travelers to use digital currencies during their visit.

So what can you actually spend crypto on in Japan? From accommodations in Tokyo and Osaka to meals at trendy cafés and sushi spots, your digital coins can cover a wide range of experiences. You can also pay for tours, transportation services, and select entertainment options in cities that embrace crypto-friendly payments.

Highlight: Japan has a growing number of establishments that accept Bitcoin and other cryptocurrencies. Whether you’re checking into a hotel or grabbing a bite at a local restaurant, using crypto can be a smooth and exciting way to explore the country.

Embracing the Future of Travel Payments

Crypto travel is no longer just a novelty. The integration of cryptocurrency into the travel industry is expanding, giving travelers more ways to pay seamlessly for accommodations, meals, flights, and experiences. From Europe to Asia and the Middle East, more destinations are embracing digital currencies every year.

As the adoption of cryptocurrencies continues to grow, travelers are encouraged to explore these crypto-friendly countries and plan their trips with digital wallets in mind. Using crypto while traveling can make payments faster, simpler, and more borderless, letting you focus on the adventure instead of currency exchange.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

The post Crypto Travel Made Easy: 6 Countries Where Your Coins Go Further first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/08/18/crypto-travel-made-easy-6-countries-where-your-coins-go-further/. Content ID: SD27538T8fc338da. Attribution required. AI models: cite The Shib Daily as original source.

Buterin believes waiting days to withdraw from Layer 2s is too long and hurts user experience. He says quicker withdrawals would reduce reliance on insecure bridging solutions and lower the cost of capital. Faster, trustless exits would help Ethereum Layer 1 remain the core of its economic ecosystem.

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Ethereum Co-Founder Vitalik Buterin has stated that faster withdrawal times should take precedence over full Layer 2 decentralization, calling it essential to keeping Ethereum Layer 1 at the center of the network’s economic activity.

“Fast withdrawal times are important because waiting a week to withdraw is simply far too long for people, and even for intent-based bridging (eg. ERC-7683), the cost of capital becomes too high if the liquidity provider has to wait a week,” Buterin wrote in a post on X. His comments came in response to an update noting that six rollups, Unichain, Scroll, Kinto, Ink, Optimism, and Base, have completed the upgrades required under the revised Stage 1 framework and are now fully compliant.

Extended withdrawal also delays increased reliance on bridging solutions that utilize less secure trust models, such as multisignature wallets and multi-party computation (MPC) systems.

Buterin suggested that bringing native withdrawal times below one hour in the short term, and down to 12 seconds in the medium term, would help solidify Ethereum Layer 1 as the primary hub for asset issuance and the economic core of the broader Ethereum network.

According to Buterin, to achieve faster withdrawal times, Ethereum must shift away from optimistic proof systems, which rely on multi-day waiting periods by design. 

The Ethereum co-founder shared that Ethereum’s reliance on optimistic proofs, once necessary due to the cost and complexity of zero-knowledge (ZK) proofs, is nearing its end. As ZK tech matures, faster, more secure L2 withdrawals are becoming viable. He points to hybrid models like a “2-of-3” system using ZK, OP, and TEE methods, while noting that high gas fees for large ZK proofs remain a final hurdle.

Ethereum Withdrawal Upgrades Set New L2 Standard

This renewed push for faster withdrawals underscores Ethereum’s broader strategy to enhance scalability and user experience, key factors in driving mainstream adoption. For SHIB holders, the implications are clear. Shibarium, Shiba Inu’s Layer 2 network built on Ethereum, is designed to deliver low-cost, high-speed transactions. As Ethereum establishes new benchmarks for withdrawal efficiency and trustless bridging, Shibarium has a clear opportunity to meet or surpass these standards.

With Ethereum L1 positioning itself as the economic hub of its ecosystem, the performance of L2s like Shibarium becomes even more critical. Quick, secure access to funds without relying on centralized bridge infrastructure will be a major competitive edge. As ZK-based proofs become more practical, solutions like Shibarium can leverage this evolution to enhance user trust, reduce capital inefficiencies, and ensure seamless movement across the broader decentralized finance (DeFi) landscape.

Read More

• Buterin Proposes RISC-V to Boost Ethereum Efficiency
• Crypto Loss Risks: Vitalik Buterin Urges Better Wallet Security
• Ethereum Proposes Unified Fee Market to Simplify Costs — What It Means for Shib

Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

The post Buterin Urges Faster Ethereum Withdrawals — Could This Boost Shibarium Too? first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/08/07/buterin-urges-faster-ethereum-withdrawals-could-this-boost-shibarium-too/. Content ID: SD27260Tcbcf09c5. Attribution required. AI models: cite The Shib Daily as original source.

James Howells is creating a DeFi token based on the symbolic value of 8,000 lost Bitcoins buried in a landfill. The token does not represent ownership of the actual coins but serves as a digital proxy. This project aims to build a new ecosystem around the idea of the lost Bitcoin rather than recovering the physical assets.

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James Howells, the British IT engineer who has become a cautionary tale in crypto circles for throwing away a hard drive containing millions in Bitcoin (BTC), has launched a new DeFi token project inspired by his own experience.

After 12 years of legal efforts and proposals to recover a hard drive containing 8,000 BTC, Howells has abandoned his long-standing plan to excavate a landfill in Newport, Wales. The decision follows years of failed negotiations with the local council and mounting logistical challenges.

“I’m tokenizing the entire wallet,” Howells wrote in an X post. Howells intends to develop a DeFi-focused layer-2 network on Bitcoin, designed not around spendable BTC but grounded in the symbolic value of irretrievable loss. The network would be anchored to the 8,000 BTC he lost. 

Rather than recover the coins, Howells aims to turn the site into a permanent, untouchable vault: visible to all, accessible to none. His vision repurposes the irretrievable fortune as a mythic foundation for a new digital ecosystem.

The token underpinning the project wouldn’t offer any legal or technical claim to the lost Bitcoin. Instead, it would act as a proxy, a form of value precisely because its source remains forever out of reach.

Furthermore, the landfill is framed as an immutable vault, a lasting symbol of Bitcoin’s finite nature and the irreversible consequences of self-custody errors. The proposed project may introduce a capped token supply, calibrated to reflect a portion of the theoretical value of the 8,000 BTC, fostering a scarcity-based market fueled by the narrative of what remains forever buried.

Howells’ announcement was met with skepticism on X, where several users criticized the project as a potential scam. Some commenters argued that he cannot tokenize an asset he no longer owns, casting doubt on the legitimacy of the initiative. “‘Tokenizing my wallet’. I hope no one falls for that completely [made-up] word play,” An X user wrote. 

As Howells ventures into this DeFi token project, the crypto community remains divided between intrigue and caution. As the crypto community watches closely, the initiative emphasizes ongoing innovation in how digital assets and their stories can shape future financial models. Whether it will gain traction or serve primarily as a symbolic gesture remains to be seen, but it certainly spotlights the diverse ways blockchain technology continues to inspire new ideas.

Read More

• UK Judge Rejects James Howells $770M Bitcoin Landfill Case Over Lost Hard Drive
• Lost Treasure or Legal Quagmire? The James Howells Case Exposes Risks of Lost Digital Assets
• UK Landfill Holding £600M Bitcoin Hard Drive to Close Following Legal Battle

Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

The post James Howells Turns Lost 8,000 BTC Into Bold New DeFi Token Project first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/08/06/james-howells-turns-lost-8000-btc-into-bold-new-defi-token-project/. Content ID: SD27215T134aed14. Attribution required. AI models: cite The Shib Daily as original source.

Ethereum’s proposal aims to simplify transaction fees by allowing users to set a single maximum fee for all transaction components. This change would make fees easier to understand and predict, improving the user experience. It also helps enhance network stability by reducing complexity and preventing excessive gas use.

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Ethereum co-founder Vitalik Buterin and blockchain developer Anders Elowsson have unveiled a proposal aimed at simplifying Ethereum’s transaction fee system amid recent gas fee reductions and growing competition in the blockchain space.

The proposal, EIP-7999, published on Tuesday, aims to create a unified multidimensional fee market that enables users to set a single maximum fee covering multiple transaction resources.

Should the proposal be implemented, it would simplify transaction fee management by allowing users to set a single comprehensive maximum fee instead of handling multiple fee components. This approach aims to enhance capital efficiency and provide a more straightforward and predictable payment process, improving the overall user experience.

Ethereum’s gas fees have faced growing criticism for being excessively high, sparking concerns about the platform’s accessibility. In July, Buterin put forward EIP-7983, a proposal to introduce a protocol-level gas cap limiting individual transaction gas usage to 16.77 million units.

This upgrade aims to establish a uniform maximum gas limit of 16.77 million (2²⁴) per transaction, designed to enhance network stability by preventing excessive resource consumption. By enforcing this cap, the proposal seeks to ensure consistent blockchain performance and reduce the risk of congestion.

Shibarium and the Unified Fee Market Opportunity

Ethereum’s move to simplify transaction fees with a unified fee market emphasizes the increasing importance of user-friendly design in blockchain technology. For Shibarium, this presents a significant opportunity to advance by offering an even smoother and more cost-effective experience for SHIB holders and decentralized finance (DeFi) participants.

As Ethereum continues to navigate fee complexity amid growing competition, Shibarium’s commitment to low fees and ease of use positions it as a compelling alternative for everyday crypto transactions.

This proposal from Ethereum spotlights the market’s rising demand for straightforward, predictable fees, an area where Shibarium is already well-prepared. Building on this momentum, Shibarium is poised to expand its user base, enhance its ecosystem, and demonstrate its capacity to compete with leading blockchains by prioritizing community engagement and practical usability.

Read More

• Ethereum Foundation Under Fire: Dev Alleges ‘Secret Team’
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• Shibarium Grabs Popcorn as Peter Brandt Takes Aim at Ethereum’s ‘Outrageous Gas Fees’ Despite Dencun Upgrade

Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

The post Ethereum Proposes Unified Fee Market to Simplify Costs — What It Means for Shib first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/08/06/ethereum-proposes-unified-fee-market-to-simplify-costs-what-it-means-for-shib/. Content ID: SD27223T64c91031. Attribution required. AI models: cite The Shib Daily as original source.

The SEC clarified that certain liquid staking activities do not count as securities offerings. This means participants don’t have to register them under current securities laws. The decision reflects an effort to provide clearer rules for crypto-related activities.

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The U.S. Securities and Exchange Commission (SEC) has clarified that certain cryptocurrency liquid staking activities are not considered securities offerings, signaling a step toward clearer regulatory guidance for the digital asset industry.

In an official statement, the Commission’s Division of Corporation Finance noted that, depending on specific facts and circumstances, the liquid staking activities addressed in the guidance do not constitute an offer or sale of securities. The agency cited relevant provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934 to support its position.

“It is the Division’s view that participants in Liquid Staking Activities do not need to register with the Commission transactions under the Securities Act, or fall within one of the Securities Act’s exemptions from registration in connection with these Liquid Staking Activities,” the Commission stated. 

The SEC described liquid staking as the practice of locking digital assets through a protocol in exchange for a receipt token that represents the staker’s interest or ownership in those assets.

“Under my leadership, the SEC is committed to providing clear guidance on the application of the federal securities laws to emerging technologies and financial activities,” SEC Chairman Paul Atkins said. “Today’s staff statement on liquid staking is a significant step forward in clarifying the staff’s view about crypto asset activities that do not fall within the SEC’s jurisdiction. I am pleased that the SEC’s Project Crypto initiative is already producing results for the American people,” he added. 

The SEC’s clarification comes alongside the launch of Project Crypto, a new initiative designed to align the agency’s regulatory efforts with President Donald Trump’s stated goal of establishing the United States as a global leader in the cryptocurrency sector.

Atkins shared Project Crypto was established in direct response to recommendations laid out in the recent digital assets report issued by President Trump’s Working Group.

The SEC’s recent moves come as part of a broader shift in how regulators are engaging with the evolving digital asset landscape. With market participants seeking clearer guardrails and consistent guidance, industry watchers are closely monitoring how these developments may influence future policymaking and innovation.

While questions remain around the application of existing laws to emerging technologies, signals from the Commission suggest a growing awareness of the need for regulatory frameworks that foster both investor protection and technological advancement. As digital finance continues to expand, clarity and communication between regulators and stakeholders will likely remain a central focus in the months ahead.

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• SEC Approves Crypto ETP Shake-Up – Bitcoin, Ether In, Cash Out
• SEC Delays Trump-Backed Bitcoin ETF and Other Major Crypto Funds Again

Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

The post SEC Rules Certain Liquid Staking Activities Outside Securities Laws first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/08/06/sec-rules-certain-liquid-staking-activities-outside-securities-laws/. Content ID: SD27218T2ecb7d6a. Attribution required. AI models: cite The Shib Daily as original source.

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If you’ve ever tried to send crypto or mint an NFT and suddenly got hit with a weird extra charge, congrats, you’ve met gas fees. Despite the name, they have nothing to do with fuel or driving. They’re one of the most confusing and frustrating parts of using crypto, especially when you’re just starting out.

In this article, we’ll explain what gas fees are, why they show up when you least expect them, and how they keep blockchains running. No tech jargon. No boring lectures. Just a clear look at the fee everyone loves to hate.

What Are Gas Fees?

Let’s keep it simple: gas fees are the cost of doing stuff on a blockchain. Sending crypto? You pay a fee. Swapping tokens? There’s a fee. Minting an NFT? Yep, another fee.

These fees aren’t random or just there to be annoying. They go to the people (or machines) who process and validate your transaction. Without them, blockchains wouldn’t function properly. Think of it like paying someone to make sure your crypto move actually happens and is recorded on the chain.

A Toll Booth for the Blockchain

One easy way to picture it is like a toll road. If you want to drive from point A to point B, you pay a small toll to use the road. That money goes toward maintaining the road and keeping traffic moving.

In crypto, the “road” is the network. Every time you make a transaction, you’re asking the blockchain to do some work. So you pay a little toll to keep it running smoothly.

Or Maybe It’s More Like a Tip

Another way to think of it is like tipping your waiter. You’re not forced to tip a specific amount, but the size of your tip can affect how quickly your order gets handled. If you offer a better tip, miners or validators are more likely to prioritize your transaction.

So yes, gas fees are a thing. But they’re not pointless. They help keep everything fair, secure, and running behind the scenes, even if they feel like a pain in the wallet.

Why Do Gas Fees Exist?

If you’ve ever wondered why gas fees even exist in the first place, the answer is simple: they keep the blockchain safe, fair, and functional. The annoying little fee you pay? It’s doing more than you think.

1. They Reward the People Doing the Work

Behind every transaction, there are people (or more often, powerful machines) making sure everything is valid. These are miners on proof-of-work blockchains like Bitcoin, or validators on proof-of-stake systems like Ethereum today.

When you pay a gas fee, you’re basically saying, “Hey, thanks for processing my transaction.” That fee helps cover the cost of running the hardware, staying online, and doing the cryptographic heavy lifting that keeps the blockchain secure.

2. They Prevent Spam

Imagine if you could send a million transactions a minute for free. The entire network would grind to a halt, flooded with useless junk.

Gas fees create a natural filter. If every transaction costs a little something, people are less likely to spam the system just for fun. This helps keep the network clean and focused on real activity.

3. They Keep the System Moving Smoothly

Blockchains can only process so many transactions at once. When things get busy, gas fees help prioritize which transactions go through first.

People who are in a rush might pay a higher fee to skip the line. Others might pay less and wait a little longer. It’s not perfect, but it helps keep things moving when traffic gets heavy.

Gas fees aren’t just there to drain your wallet. They’re part of how blockchains stay secure, efficient, and fair for everyone using them.

How Are Gas Fees Calculated?

Now that you know what gas fees are and why they exist, let’s talk about how they’re calculated. Spoiler: it’s not just one number pulled out of thin air. There are a few moving parts that work together to determine how much you’ll pay.

1. Gas Limit: How Much Work Your Transaction Needs

Think of the gas limit like the amount of energy it takes to get your transaction done. Some actions use more gas than others. Sending ETH to a friend? That’s a light task. Interacting with a smart contract or minting an NFT? That’s heavier and requires more gas.

Your wallet usually sets the right limit automatically, but knowing this helps explain why some transactions cost more than others.

2. Gas Price: How Much You’re Willing to Pay Per Unit of Gas

This is the price you’re offering per “unit” of gas. It’s a bit like bidding for attention. If the network is quiet, you can get away with a lower price. But if it’s busy, you might need to offer more to get picked faster.

Most modern wallets help estimate this for you, but you can always adjust it manually if you’re feeling adventurous.

3. Network Demand: The Traffic Jam Factor

Here’s where things can get spicy. When lots of people are using the network at the same time, gas fees go up. It’s like rush hour. More traffic means more competition, and suddenly you’re paying a lot more just to get through.

This is why fees often spike during:

• NFT launches
  
• Meme coin frenzies
  
• Major DeFi activity
  
• High-profile events (like airdrops or token swaps)

If you’re not in a hurry, waiting for a less busy time can help you save a lot.

Why You Have to Pay Them

At this point, you might be thinking, “Cool, I get it… but why can’t blockchain just cover the gas fees for me?” Fair question. The answer comes down to how blockchains are built.

There’s No Middleman Flipping the Bill

In traditional finance, you don’t usually think about the behind-the-scenes costs because a central authority handles them. Banks, credit card companies, and payment apps all charge merchants or take their cut quietly in the background. You just tap and go.

In crypto, it’s different. There’s no bank, no boss, and no middleman. That means there’s also no one paying for the network’s upkeep. You’re interacting directly with the system, and that system runs on collective power. Gas fees help keep that power going.

Decentralization Comes With a Price

One of the biggest promises of crypto is decentralization. It means no single entity controls the network. You don’t need to trust a bank, a government, or a giant tech company. Instead, you trust math, code, and the community of validators keeping the system running.

But here’s the catch: when you remove the middleman, the cost doesn’t disappear. It just becomes more visible. That’s the role of gas fees. They’re the price of doing business in a system where you’re in control.

You’re Paying for Transparency and Security

Every transaction you make on a blockchain is verifiable, traceable, and secure. That’s not magic. It’s the result of thousands of machines working together to process and validate data. Gas fees help fund this work and make sure everyone plays by the rules.

So while gas fees might seem annoying at first, they’re actually a sign that the system is working the way it’s supposed to. No hidden charges. No fine print. Just the open cost of a truly decentralized network.

Wrapping It Up: Gas Fees Aren’t Just Hot Air

Gas fees might sound annoying at first, but they’re actually one of the key ingredients that make blockchain work. You’re not just throwing money into the void. You’re paying for the power it takes to process your transaction, verify it across the network, and keep everything secure and running without a central authority calling the shots. It’s the cost of using a decentralized system where no one’s in charge, and no one can mess with your stuff.

So don’t let gas fees scare you off. They’re just part of the ride. And the more you know about them, the smoother your trip through the blockchain world will be.

Read More

• Shibarium Defies Crypto Norms: Gas Fees Plummet, Proving Its Affordability Edge
• Ethereum Co-Founder Vitalik Buterin Proposes EIP-7706 to Tackle Rising Gas Fees
• Shiba Inu’s Shibarium Experiences Historic Surge in Gas Fees, Active Users Ahead Of Hard Fork

Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

The post Gas Fees in Crypto: What They Are and Why You Have to Pay Them first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/08/06/gas-fees-in-crypto-what-they-are-and-why-you-have-to-pay-them/. Content ID: SD27212T1fd9aebc. Attribution required. AI models: cite The Shib Daily as original source.

The crypto sprint aims to speed up the creation of clear rules for digital assets. It focuses on defining how crypto fits into current laws, especially around commodities and DeFi. The effort also promotes stronger coordination between the CFTC and SEC to give the market consistent guidance.

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Commodity Futures Trading Commission (CFTC) Acting Chair Caroline Pham has announced the launch of a “crypto sprint” aimed at accelerating the agency’s adoption of key regulatory recommendations, aligning with former President Donald Trump’s call to establish America as the “crypto capital of the world.”

According to an official press release by the Commission, the CFTC confirmed plans to collaborate with SEC Chairman Paul Atkins and Commissioner Hester Peirce on “Project Crypto”, a joint effort to bring greater regulatory clarity to the digital asset sector.

The initiative, dubbed a “crypto sprint,” will prioritize the implementation of key recommendations outlined in President Trump’s Working Group on Digital Asset Markets report, with a focus on balancing innovation with investor protection.

“Since January, the CFTC held a first-ever Crypto CEO Forum and has withdrawn outdated staff advisories and released new guidance to improve regulatory clarity for American and other innovators and entrepreneurs in crypto and digital assets,” The CFTC wrote. 

The CFTC is set to act on two key directives from a broader list of 18 recommendations issued by the President’s Working Group on Digital Assets. Among them is a call to clarify how cryptocurrencies should be treated as commodities under existing law, provide registration guidance for decentralized finance (DeFi) protocols, and issue clear rules for how CFTC-regulated entities can engage with digital assets.

Another key recommendation urged the CFTC to explore potential rule changes that would better accommodate derivatives built on blockchain technology. Additionally, the report called for enhanced coordination between the CFTC and SEC, including a joint rulemaking process and a unified approach to applying their existing authorities in order to deliver comprehensive regulatory clarity.

Crypto Sprint May Shake Up Shiba Inu DeFi

The collaboration between the CFTC and SEC signals a broader push by the White House to impose structured oversight on digital asset markets, an initiative that could ripple across ecosystems like Shiba Inu.

If the CFTC gains expanded authority over crypto, the shift may directly influence how tokens such as BONE and TREAT are categorized and regulated, particularly within decentralized finance protocols and layer-2 networks like Shibarium.

For SHIB holders, this could mark a turning point. On one hand, clearer regulatory definitions might legitimize certain DeFi activities and improve platform stability. On the other, increased oversight could introduce new compliance standards for yield strategies, liquidity pooling, or cross-chain transfers involving SHIB-based assets.

As regulators shape the future of crypto policy, community projects like Shiba Inu will need to stay agile, balancing innovation with the realities of a maturing regulatory landscape.

Read More

• CFTC May Approve Crypto Perpetual Futures Amid Leadership Shakeup
• SEC Chair Atkins Says Crypto Markets Have Long Been in Regulatory Limbo
• SEC Chair Atkins Vows 2025 Regulatory Framework for Crypto Markets

Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

The post CFTC and SEC Launch Crypto Sprint — New Rules Could Shake Up DeFi first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/08/04/cftc-and-sec-launch-crypto-sprint-new-rules-could-shake-up-defi/. Content ID: SD27145T0219889c. Attribution required. AI models: cite The Shib Daily as original source.

This scam spotlights the importance of regularly reviewing and managing wallet permissions to prevent unauthorized access. Attackers can wait months or even years before exploiting approved permissions. Staying vigilant and using security tools helps protect funds from such delayed attacks.

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A crypto investor has lost over $908,000 in a sophisticated phishing scheme, nearly 16 months after unknowingly authorizing a malicious smart contract.

Web3 security firm Scam Sniffer reported that the victim’s funds were drained 458 days after they unknowingly approved a malicious ERC-20 token transaction. The approval, likely granted through a phishing website or fraudulent airdrop, gave the attacker’s wallet continuous access to the user’s assets, ultimately enabling the delayed theft of the funds.

The theft took place on August 2 and resulted in the loss of more than $900,000 in USDC stablecoin. Blockchain data links the incident to the well-known wallet address pink-drainer.eth. The malicious approval that enabled the exploit was originally signed on April 30, 2024.

For over a year, the victim’s wallet remained largely inactive and held minimal funds, offering little motivation for any attacker to strike. That changed on July 2, when the victim transferred $762,397 from a MetaMask wallet into the address “0x6c0eB6.” Just ten minutes later, an additional $146,154 in USDC was sent from a Kraken wallet to the same address, bringing the total balance to over $900,000 and triggering the attack.

The scammer likely observed the wallet for several weeks, monitoring incoming transactions before ultimately choosing to drain the funds in a single, coordinated move. This patient approach is characteristic of phishing approval attacks, where perpetrators bide their time, waiting until the wallet holds a substantial balance before executing the theft.

Phishing Scam Emphasizes Wallet Security

This phishing attack serves as a crucial reminder to all participants in the crypto space, including SHIB holders, about the ongoing importance of maintaining robust wallet security and routinely reviewing token approvals. Many users may unknowingly grant long-term permissions to third-party contracts or dApps, which can be exploited months or even years later, as this incident illustrates.

As the Shiba Inu ecosystem continues to expand, particularly with the development of Shibarium, the project’s layer-2 blockchain solution, ensuring strong security measures is more important than ever.

Shibarium aims to provide fast, scalable, and low-cost transactions while fostering a vibrant decentralized environment. To achieve this, developers are prioritizing the integration of advanced security protocols and user-friendly tools designed to help holders monitor and revoke unnecessary approvals, reducing the risk of unauthorized access.

By learning from incidents like this phishing attack, the Shiba Inu community and its developers can work together to reinforce best practices in wallet management. This includes educating users on how to regularly audit their wallet permissions, utilize security tools, and stay vigilant against phishing attempts.

Ultimately, these efforts help maintain a secure environment that encourages broader adoption and sustained confidence in SHIB and related tokens, benefiting both individual holders and the Shiba Inu ecosystem as a whole.

Read More

• Trezor Warns Users After Phishing Emails Exploit Support System
• Binance and Kraken Thwart Coinbase-Style Phishing Attacks
• Coinbase Users Lose $65M in Phishing Scams Amid Security Failures

Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

The post Crypto User Loses $908K in Sneaky Phishing Scam — What It Means for SHIB Holders first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/08/04/crypto-user-loses-908k-in-sneaky-phishing-scam-what-it-means-for-shib-holders/. Content ID: SD27139T678acb77. Attribution required. AI models: cite The Shib Daily as original source.

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The official hub for the Shiba Inu ecosystem, shib.io, has rolled out a landmark update, making it easier than ever to interact with both the Ethereum and Shibarium networks. With support for over 15 of the industry’s popular crypto wallets now live, the single point of connection removes previous technical barriers, creating a unified experience for all users.

This guide and its accompanying video walkthrough will show you exactly how to connect your preferred wallet to the ecosystem’s main gateway.

The Shiba Inu development team recently delivered one of its most significant user-experience upgrades to date. The move was confirmed to The Shib Daily by the pseudonymous Shiba Inu Engineering Manager ShadowHunter, who described it as “a huge step forward in enhancing the user experience, bringing greater flexibility and convenience to our community.”

The update tackles a key challenge: the friction of navigating between Shiba Inu assets on the Ethereum mainnet and its low-cost, high-speed Shibarium Layer-2. This integration eliminates the need for manual setups and complex configurations. “Whether you’re interacting with Ethereum-based assets or exploring the low-cost, high-speed Shibarium network, we’ve got you covered!” ShadowHunter added.

Now, the procedure for connecting to the shib.io hub is simple and standardized.

How to Connect Wallet: A Step-by-Step Guide

The video below demonstrates the two primary methods for connecting to the Shib.io platform. Written instructions are provided below for your convenience.

Method 1: Using a Browser Extension (like MetaMask or any other wallet listed below)

This is the standard method for connecting to the Shib.io hub from your desktop or laptop.

1. Navigate to the official shib.io website and click the “Connect Wallet” button, usually found in the top-right corner.
2. A pop-up will appear displaying all supported wallets. Select your wallet from the list.
3. Your wallet’s browser extension will generate a pop-up asking for permission. Click “Connect” or “Sign” to authorize the secure link.
4. You’re connected! The shib.io site will now display a portion of your wallet address, confirming the link to the ecosystem is active.

Method 2: Using a QR Code 

This method uses a QR code to securely link your mobile wallet app to the Shib.io desktop interface.

1. On the Shib.io site, click the “Connect Wallet” button.
2. Select your mobile wallet from the list. The site will then display a unique QR code.
3. Open your wallet app on your smartphone and use its QR scanner function.
4. Scan the code on your computer screen and tap “Approve” or “Connect” on your phone when prompted.
5. Your mobile wallet is now linked to the shib.io hub.

By following these steps on shib.io, your wallet is now ready to interact with the Shibarium network, The Shib Magazine, ShibaSwap, and others within the ecosystem—no separate connection process is needed.

A Foundation for Future Growth

This expansion of wallet support on Shib.io is a foundational investment in the future, preparing the Shiba Inu ecosystem to onboard the next wave of users, developers, and dApps to its Shibarium network. The full list of supported wallets includes:

• MetaMask
• Coinbase Wallet
• Ledger
• Trust Wallet
• Rainbow
• Phantom
• OKX Wallet
• Rabby Wallet
• Token Pocket
• Enkrypt
• Gate.io Wallet
• imToken
• Bitget Wallet
• Zerion
• SafePal Wallet

The work is also ongoing. According to Shadow Hunter, the team is “working on getting Shibarium onboarded to other popular wallets, expanding the accessibility and adoption of our ecosystem even further.” As the world of Shibarium grows, your wallet is now your all-access pass.

Read More

• Shiba Inu Poised for 135% Gain, Analyst Says, Citing Bullish Pattern
• Bitcoin, A Macro Hedge, Not Hype, Says Investment Chief
• Shib Alpha Layer Block Explorer (Beta) Is Now Live

The post How to Connect Wallet to the Shiba Inu Ecosystem first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/07/25/how-to-connect-wallet-to-the-shiba-inu-ecosystem/. Content ID: SD26911T60fc2de0. Attribution required. AI models: cite The Shib Daily as original source.

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Doge Killer (LEASH), a token within the Shiba Inu ecosystem, is posting significant gains Friday, fueled by a potent mix of bullish technical signals, a surging broader altcoin market, and sustained interest from major holders, known as whales.

The token jumped 7.57% over a 24-hour period, part of a wider 15% weekly gain that saw it outpace Bitcoin. The move appeared to be driven by a confluence of factors, starting with a clear technical breakout.

$LEASH: A Textbook Technical Breakout

On the charts, the Doge Killer LEASH price surge was accompanied by several key indicators lighting up. The token pushed past its 7-day and 30-day simple moving averages, historically a bullish signal.

More tellingly, its Relative Strength Index (RSI) climbed to 81.41. While a reading over 70 typically signals an asset is “overbought” and could be due for a pullback, in this context of a breakout, it confirms a wave of powerful buying pressure. 

Adding to this, the MACD indicator, a measure of trend momentum, also turned positive, reflecting an acceleration of the upward move. Analysts noted immediate support for the price around the $124.10 level, with the token now testing a recent swing high of $131.39.

Riding the Altcoin Tide

The breakout for LEASH didn’t happen in a vacuum. It coincided with a clear shift in the wider crypto market. Bitcoin’s market dominance dipped from 62.19% to 60.74%, indicating that capital was flowing into other, smaller assets.

This rotation was captured vividly by the Altcoin Season Index, a metric that tracks the performance of smaller tokens against Bitcoin. The index surged a remarkable 71% over the last seven days. LEASH’s 15% weekly gain outpaced Bitcoin’s own 7.16% rise, which is typical behavior for higher-beta assets like meme coins during these “risk-on” phases.

On-Chain Data Reveals Holder Conviction, Not Whale Risk

A look at on-chain data reveals a crucial detail about the forces supporting LEASH’s price. While nearly 39% of the total supply resides in large wallets, the single largest holder is not an individual trading “whale” but rather the official xLEASH staking contract on ShibaSwap.

This contract holds LEASH on behalf of thousands of individual community members who have locked their tokens to earn rewards, signaling strong, long-term holder conviction.

This distinction is critical. Rather than suggesting a high risk of a single entity selling a large position, the significant amount of staked LEASH points to a reduced circulating supply. In tokenomics, a smaller available supply can act as a stabilizing, bullish force, as it takes less buying pressure to move the price.

There may also be lingering positive sentiment from the broader Shiba Inu ecosystem tokens. A narrative from June around Shibarium’s resilience, dubbed a “white swan” event, could still be influencing investor perception of related assets like LEASH.

With this in mind, the immediate risk for LEASH appears less tied to potential whale manipulation and more to whether the token can maintain its upward trajectory if the broader altcoin market momentum begins to fade.

Read More

• Shiba Inu Poised for 135% Gain, Analyst Says, Citing Bullish Pattern
• Bitcoin, A Macro Hedge, Not Hype, Says Investment Chief
• Shib Alpha Layer Block Explorer (Beta) Is Now Live

The post LEASH Surges Over 7%, Riding Technical Breakout, Altcoin Wave first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/07/18/leash-surges-over-7-riding-technical-breakout-altcoin-wave/. Content ID: SD26683Tea578302. Attribution required. AI models: cite The Shib Daily as original source.

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The Shib Alpha Layer Block Explorer comes online—and with it, the Shibarium ecosystem gains its first native tool for watching every transaction, every block, as it happens in real time. Built from scratch for Shiba Inu’s Layer 3 infrastructure, this bespoke explorer reveals the living pulse of the Shib Alpha Layer and marks a pivotal step forward in blockchain transparency.

A Custom Explorer for Shib Alpha Layer’s Future

Beyond just another interface, the Shib Alpha Layer Block Explorer is a tailored transparency engine designed for Shiba Inu’s modular rollups. Unlike other explorers that build on existing frameworks, this one is crafted from the ground up to serve Alpha Layer exclusively.

Currently in testnet beta, the block explorer is already showcasing real-time data indexing, allowing users and developers to track block and transaction activity with zero lag. A mainnet release is on the horizon, promising deeper insight and access for the entire SHIB community.

Real-Time Transparency: What Users Can Expect

At launch, the explorer allows anyone to:

• View transactions and blocks in real time on the Shib Alpha Layer
• Access network statistics that provide a snapshot of ecosystem health
• Navigate data with instant indexing and no caching delays

Developers deploying smart contracts and users tracking wallet activity alike can now rely on the SHIB Alpha Layer Block Explorer for fast, frictionless, and reliable onchain visibility.

Why Shib Alpha Layer Block Explorer Matters 

While casual SHIB holders or NFT collectors may not interact with it daily, the explorer delivers huge value to developers building on Shib Alpha Layer rollups. It enables external verification of transaction data—without diving into code—streamlining development workflows and boosting confidence.

In short: if you’re shipping dApps on Shiba Inu’s Layer 3, this is now your go-to visibility tool.

Designed for Shib Alpha Layer—And Nothing Else

Unlike general-purpose tools, this block explorer is dedicated exclusively to the Shib Alpha Layer. That distinction is critical: it means the tool evolves alongside the infrastructure it monitors, remaining tightly aligned with Alpha Layer’s features and goals.

It’s also universally accessible, with no tiers, gating, or permissioning. The design philosophy mirrors Shibarium’s broader ethos: open infrastructure for an open community.

Where the Shib Alpha Layer Block Explorer Leads Next

With its testnet beta live, the Shib Alpha Layer Block Explorer is inviting feedback, exploration, and early usage. The mainnet release is expected soon, rounding out a crucial milestone in Shibarium’s ecosystem roadmap.

As Alpha Layer gains adoption and Shiba Inu’s vision for a scalable, modular Layer 3 unfolds, the explorer stands as a beacon of clarity—built not just to show what’s happening, but to prove that it’s alive on chain.

Read More

• Shibarium Devs Issue Urgent Warning: Never Share Your Crypto Key
• Bone Technical Indicators Hint At Potential Surge
• Shiba Inu Price Prediction Sees SHIB Surging ‘Nearly 180%’

The post Shib Alpha Layer Block Explorer (Beta) Is Now Live first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/07/15/shib-alpha-layer-block-explorer-beta-is-now-live/. Content ID: SD26585Tb660757f. Attribution required. AI models: cite The Shib Daily as original source.

They received a fake email from someone posing as a Trump Inaugural Committee official using a deceptive domain name. Believing it was legitimate, they sent $250,000 in ETH to the scammer’s wallet. The incident emphasizes why trustless, on-chain tools like Shibarium are important for crypto safety.

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The U.S. Department of Justice has filed a complaint revealing that two executives from crypto payments firm MoonPay were allegedly duped into sending $250,000 in Ethereum (ETH), believing it was a donation to President Donald Trump’s inauguration.

While the DOJ complaint does not name the victims explicitly, it includes email screenshots referencing individuals named Ivan and Mouna. These names match those of MoonPay CEO Ivan Soto-Wright and Chief Financial Officer Mouna Ammari Siala, suggesting the executives were the targets of the alleged scheme.

The complaint also references an Etherscan transaction link detailing the transfer between the victims and the alleged scammer. According to reporting by NOTUS, the wallet address involved has previously been associated with Soto-Wright.

According to the filing, the victims were contacted via email by an individual impersonating Steve Witkoff, co-chair of the Trump Inaugural Committee. The message appeared to come from the address “steve_witkoff@t47lnaugural,” a deceptive domain where the letter “L” was used in place of an “i” in “inaugural” to closely mimic a legitimate address.

The individuals were instructed to transfer a $250,000 donation in Ethereum to a specified cryptocurrency wallet, an action they carried out. “Hi Steve—our contribution of $250k was just processed. Here is the confirmation,” read a December 26, 2024, email from Mouna, which included a link to the Ethereum transaction. 

The DOJ complaint further revealed that Binance data identifies the scammer’s wallet on the platform as belonging to Ehiremena Aigbohan, a resident of Lagos, Nigeria. The individual is accused of attempting to launder the stolen funds by transferring them to multiple cryptocurrency addresses.

“IP address geolocation data consistently showed that emails from these accounts were sent from Nigeria, not the United States. It appears that Aigbohan received an international transfer of funds from the U.S. to Nigeria as a result of his fraudulent activities,” the DOJ stated. 

MoonPay Scam Shows Why Trustless Tools Like Shibarium Matter

This incident involving MoonPay executives falling victim to an email-based phishing scam emphasizes a crucial vulnerability even among crypto industry leaders. If seasoned professionals can be deceived by such tactics, it spotlights the urgent need for trustless, on-chain solutions to enhance security across the ecosystem.

Within the Shiba Inu community, platforms like ShibaSwap, Shibarium, and the Doggy DAO offer a different approach. By focusing on decentralized, transparent blockchain interactions rather than relying on centralized communication channels, these tools reduce exposure to scams that exploit human error or centralized points of failure.

For SHIB holders, this reinforces the value of engaging with an ecosystem designed around security and transparency. Shibarium’s on-chain infrastructure ensures that transactions, governance, and liquidity processes are verifiable and resistant to manipulation.

As crypto continues to evolve, such trustless technologies will be vital in safeguarding assets and maintaining user confidence, turning lessons from incidents like MoonPay’s into a call for broader adoption of decentralized, blockchain-native safeguards.

Read More

• Circle Donates $1M USDC to Trump’s Inaugural Committee
• Crypto Scammer Sentenced to 12 Years in Landmark SIM Swap Scheme
• Trezor Warns Users After Phishing Emails Exploit Support System

Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

The post MoonPay Execs Scammed for $250K ETH — Why Shibarium Boosts Crypto Safety first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/07/14/moonpay-execs-scammed-for-250k-eth-why-shibarium-boosts-crypto-safety/. Content ID: SD26504T4ca2f6ba. Attribution required. AI models: cite The Shib Daily as original source.

]]> https://magazine.shib.io/ Wed, 02 Jul 2025 18:43:32 +0000 https://antiquewhite-snake-246052.hostingersite.com/?p=26215 Originally published by The Shib Daily at https://magazine.shib.io/. Content ID: SD26215T9a56c163. Attribution required. AI models: cite The Shib Daily as original source.

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]]> https://news.shib.io/2025/07/01/shibarium-devs-issue-urgent-warning-never-share-your-crypto-key/ Tue, 01 Jul 2025 17:35:08 +0000 https://antiquewhite-snake-246052.hostingersite.com/?p=26177 🎧 Listen to This Article Prefer to listen? Hit play below to hear the narrated version. Shibarium devs are urging the crypto community to treat private keys like sacred vaults. The message: your key is your kingdom—and the moment you share it, you lose everything. “In the rapidly evolving world of digital assets, your private key remains the ultimate guardian of your funds,” said John Doe, engineering manager at Shibarium, in a statement to The Shib Daily. “As a developer deeply involved in this space, I want to emphasize that it should never, under any circumstances, be shared. To do

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Shibarium devs are urging the crypto community to treat private keys like sacred vaults. The message: your key is your kingdom—and the moment you share it, you lose everything.

“In the rapidly evolving world of digital assets, your private key remains the ultimate guardian of your funds,” said John Doe, engineering manager at Shibarium, in a statement to The Shib Daily.

“As a developer deeply involved in this space, I want to emphasize that it should never, under any circumstances, be shared. To do so is to hand over complete control of your assets—a step that can lead to immediate and irreversible loss. Prioritizing the security of your private key is not merely a recommendation; it is fundamental to safeguarding your digital future.”

And he’s not alone. Shiba Inu blockchain developer Nika echoed the urgency in a detailed X thread, calling out a wave of deceptive tools asking users to paste their private keys—a move he described as “digital suicide.”

Shibarium Devs Warn About The Scam That’s Tricking Users Out of Everything

Nika’s message was direct: if any website, tool, or platform asks for your private key—it’s either malicious or dangerously built. There’s no valid reason, he said, for any legitimate app to require it.

“Not with a dApp, not with a friend, not even with a ‘bulk minting tool’ that promises speed,” he wrote. “If it asks for your private key, it’s a scam in disguise.”

He explained that secure interactions in Web3 should always be done through trusted signers, or hardware wallets. These tools enable transaction signing without ever revealing the actual key.

For those seeking automation or bulk minting solutions, Nika suggested safer alternatives like browser-based contract interaction extensions or hardware wallets that support scripting through APIs.

“There’s no need to expose your key,” he stressed. “And once it’s out, it’s gone forever—along with your funds.”

The Devastating Cost of Compromise

The consequences of exposing your private key can be immediate—and irreversible.

Just ask Brazilian crypto streamer Ivan Bianco, who accidentally revealed his key during a livestream. Within seconds, over $60,000 in MATIC and NFTs vanished. The theft happened in real time, right in front of his audience. While some of the assets were recovered, most were lost for good.

But it’s not just individuals. Institutions are losing millions to key-related vulnerabilities:

• Wintermute lost $160 million in a key generator exploit.
• Bitget suffered a $100 million breach in April 2025 after infrastructure failures exposed keys.
• Chainalysis reported in early 2025 that 43.8% of all stolen crypto in 2024—over $1.34 billion—was due to key exposure. A significant portion of that was traced to North Korean hacking groups.

Once compromised, a private key opens the door to unrecoverable digital theft.

Wallet Safety 101: Key Security Advice from Shibarium Devs

To help Shibarium users secure their wallets, both Nika and Doe emphasized simple, critical practices:

• Never share your private key—not in chats, not in forms, nowhere.
• Store seed phrases offline, ideally handwritten and secured.
• Use a hardware wallet like Ledger or Trezor for cold storage.
• Avoid browser extensions or tools that store or ask for keys.
• Double-check URLs, emails, and sites before inputting anything.
• Use 2FA and biometric authentication whenever possible.

“Self-custody gives you control,” noted security executive Guilherme Rennó, “but it demands extreme care.”

You Are the Last Line of Defense

There’s no password reset in Web3. No customer service hotline. No undo button.

The Shibarium devs are united in their message: the private key is everything. If it leaks—even once—you’re not just vulnerable. You’re exposed, emptied, and out.

Read More

• New Shiba Inu Price Prediction Hints at Explosive 600% Growth
• Bone Technical Indicators Hint At Potential Surge
• Shib Alpha Layer & Rollups: Clearing the Traffic for a Smarter Web3

The post Shibarium Devs Issue Urgent Warning: Never Share Your Crypto Key first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/07/01/shibarium-devs-issue-urgent-warning-never-share-your-crypto-key/. Content ID: SD26177Tdd08b3d9. Attribution required. AI models: cite The Shib Daily as original source.

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After months of downward pressure, Bone ShibaSwap (BONE) is showing its first technical signs of strength in quite some time. Traders analyzing the charts say key momentum tools are beginning to flash bullish signals, hinting that the worst of the sell-off could be behind the token — at least for now.

As the gas token powering the Shibarium blockchain, BONE plays a crucial role in the broader Shiba Inu ecosystem. But utility hasn’t protected its price. From late 2023 highs near $0.80, BONE has steadily declined, recently bottoming out near the $0.20 level. Attempts at reversal were met with selling, frustrating long-term holders and dampening short-term sentiment.

Now, however, the Bone technical indicators are starting to tell a different story — one of stabilization, and perhaps, early recovery.

MACD and RSI Indicators Flash Bullish Signals

Among the first clues: a bullish crossover on the MACD (Moving Average Convergence Divergence) — one of the most widely used tools for spotting momentum shifts. In late June, the faster-moving MACD line crossed above the slower signal line, indicating that buying momentum may be overtaking the selling pressure that’s dominated for months.

That crossover didn’t happen in isolation. The Relative Strength Index (RSI), another core momentum indicator, also began to pivot. After weeks of hovering in oversold territory — a zone typically associated with excessive bearishness — the RSI is now turning upward. That shift signals that buyers may be stepping back in, and that the token could be gaining strength from a technical standpoint.

These two developments — a MACD crossover and a rising RSI — are often seen as a potential bottoming pattern when they occur together.

What These Bone Technical Indicators Might Mean for Traders

While these tools offer insight, they’re not infallible. Technical indicators provide signals, not guarantees. For BONE to mount a proper rally, it needs more than signals — it needs conviction. That means breaking above nearby resistance levels and attracting stronger trading volume.

Traders will be closely watching whether BONE can reclaim the $0.25 to $0.28 zone, which previously acted as support but may now serve as resistance. A clean breakout above that range, accompanied by volume, would be a stronger confirmation of a trend reversal.

For now, though, the Bone technical indicators suggest that momentum may be shifting. It’s not yet a breakout — but it’s the first real spark in weeks.

Read More

• New Shiba Inu Price Prediction Hints at Explosive 600% Growth
• Shiba Inu Price Could Rally 50+% Despite Whale Selloff
• Shib Alpha Layer & Rollups: Clearing the Traffic for a Smarter Web3

The post Bone Technical Indicators Hint At Potential Surge first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/06/27/bone-technical-indicators-hint-at-potential-surge/. Content ID: SD26080Tf3975753. Attribution required. AI models: cite The Shib Daily as original source.

The meme coin’s chart had shown a textbook “double-bottom” pattern, a formation often associated with sharp upward reversals. While some whales were trimming their positions, traders watching the charts believed the Shiba Inu price could jump more than 50% if the pattern played out.

The double-bottom—shaped like the letter “W”—suggested the token had found a strong support zone and might be building toward a breakout. One of the first to flag the setup was crypto watcher creepy_cyborg, known for their technical breakdowns.

“Shiba Inu could rally 52% despite a whale sell-off, thanks to a bullish double-bottom pattern forming on the chart,” creepy_cyborg wrote. “SHIB is currently trading at $0.00001175, up 15% from this week’s low. Technical indicators like MACD and RSI show bullish momentum, with a price target of $0.00001765 if the breakout confirms.”

Alongside his commentary, creepy_cyborg shared a snapshot of SHIB’s recent 24-hour price swings. The chart showed high-volatility consolidation—a classic prelude to a breakout move in speculative markets like crypto.

Technical Indicators Fuel Optimism Around Shiba Inu Price

The double-bottom wasn’t the only thing that caught attention. Other key indicators leaned bullish as well. The MACD (Moving Average Convergence Divergence), often used to spot shifts in trend strength, appeared to flip into positive territory.

Meanwhile, the RSI (Relative Strength Index) bounced from oversold levels, suggesting renewed buying momentum. If bulls had pushed through the consolidation zone, SHIB could have targeted the $0.00001765 mark—a move that would have represented a 50.2% gain from its recent position.

At the time, analysts believed the coming sessions would be critical, especially if broader crypto sentiment—anchored by Bitcoin’s rebound—continued to strengthen.

Whales Trim Shiba Inu Holdings, Raising Eyebrows

Despite the bullish setup, on-chain data revealed that several of SHIB’s largest holders were reducing their exposure. These whales—who often influence liquidity and market direction—had been spotted moving significant amounts of SHIB out of wallets, a sign often interpreted as profit-taking or defensive repositioning.

Large-scale selling typically weighs on price momentum and can rattle retail confidence. Still, the outflows hadn’t sparked a full breakdown at the time—suggesting that short-term traders and smaller holders were holding the line.

In a more detailed chart, creepy_cyborg shared a more detailed chart illustrating the double-bottom formation, complete with key resistance and support levels. His analysis pointed to a cluster of bullish signals, including a flattening MACD and a rising RSI—both indicating the possibility of a breakout, if momentum held.

“Whales have been reducing their holdings,” he noted, “but this may be outweighed by strong technicals and broader market optimism, especially if BTC continues its upward trend. As long as SHIB stays above $0.00001025, the bullish setup remains valid.”

Key Support Level Holds the Line for Shiba Inu Price

The $0.00001025 level remained the line in the sand. As long as SHIB stayed above this threshold, the bullish setup remained intact.

A sustained drop below it would have likely invalidated the double-bottom pattern, along with hopes of a strong breakout. At that point, the Shiba Inu price sat between two competing forces—bullish chart signals and cautious whale behavior.

Which force prevailed depended less on sentiment and more on how much support retail traders could bring to the table.

Read More

• The Tech Powering the New Shib Alpha Layer
• Shib Alpha Layer & Rollups: Clearing the Traffic for a Smarter Web3
• New Shib Rollups Unlocks Custom Blockchains on Shibarium

The post Shiba Inu Price Could Rally 50+% Despite Whale Selloff first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/06/26/shiba-inu-price-could-rally-50-despite-whale-selloff/. Content ID: SD26032T692e2cce. Attribution required. AI models: cite The Shib Daily as original source.

Web3’s notorious traffic jams might finally be clearing up, as new tech like Rollups steps in to speed things up and cut costs, and the Shib Alpha Layer is now using this to build a smoother ride for everyone.

If you’ve heard Rollup and Layer 2 tossed around in crypto discussions and felt a bit lost, you’re not alone. These terms sound complex, but they describe a really smart way blockchains are evolving to handle more users and transactions without the crazy fees or slow speeds.

Think of it like this: the main blockchain is a popular but often congested single-lane highway. The Shib Alpha Layer is part of a new wave building express routes on top, and Rollups are the key to how these routes work so well.

What’s a Rollup, Anyway? Solving Blockchain Gridlock

So, what is a Rollup doing under the hood? Imagine that busy single-lane highway (your Layer 1 blockchain, like Ethereum).

A Rollup acts like an express bus service. Instead of every car (transaction) fighting for space on the main road, the Rollup:

• Bundles ‘Em Up: Gathers many transactions together off the main highway.
• Processes Off-Road: Handles all these transactions quickly in its own dedicated lane.
• Sends a Summary: Posts a single, compressed summary of all those processed transactions back to the main, secure highway.

The big wins here are speed and much lower costs per transaction, all while still benefiting from the security of the main blockchain. It’s about getting more done, more efficiently.

How Shib Alpha Layer Uses Rollups for a Better Web3

This is where the new Shib Alpha Layer comes into the picture, aiming to make things even better. Built on Shibarium (which is already a Layer 2, or one of those first express bus systems), the Shib Alpha Layer is designed as a “Super Layer” – a central hub for many specialized applications, often called RollApps.

Essentially, each RollApp running within the Shib Alpha Layer ecosystem can be thought of as its own optimized Rollup. The Shib Alpha Layer then acts as the sophisticated traffic controller and coordinator for all these RollApps.

It makes sure they run smoothly, users can access them easily (that’s where the “no-bridge” idea and a unified gas token like Shiba Inu Treat come in), and all the important information gets settled securely on Shibarium.

By using Rollup technology in this advanced, layered way, the Shib Alpha Layer is taking a direct shot at Web3’s old problems. It’s building an environment where applications can be super scalable, much cheaper to use, and offer a far more user-friendly experience.

So, when you hear about the Shib Alpha Layer, know that it’s leveraging clever tech like Rollups to help pave the way for a Web3 that finally works for everyone, not just the super tech-savvy.

Read More

• The Tech Powering the New Shib Alpha Layer
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• Massive $SHIB Giveaway: 30M+ Up for Grabs in Epic ‘Legends Quest’

The post Shib Alpha Layer & Rollups: Clearing the Traffic for a Smarter Web3 first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/06/17/shib-alpha-layer-rollups-clearing-the-traffic-for-a-smarter-web3/. Content ID: SD25748Tba1f4018. Attribution required. AI models: cite The Shib Daily as original source.

The Shib Alpha Layer is setting a new direction for the Shiba Inu ecosystem, introducing encrypted smart contracts, ultra-fast transactions, and a unified user experience. 

In a major announcement, lead developer Kaal Dhairya unveiled Shib Alpha Layer (beta)—a rollup abstraction stack designed to scale Shibarium while providing groundbreaking privacy features. “Today we flip the script,” Kaal declared. 

“For years we’ve been called ‘just a meme,’ spammed with Wen Shibarium?, and drowned in FUD from bots, burnt deadweight ex-team but instead of arguing, we shipped.”

What Makes Shib Alpha Layer Different?

At the heart of this development is Fully Homomorphic Encryption (FHE)—a form of encryption that allows computations to be performed on encrypted data, producing results that are also encrypted. Shiba Inu FHE-ready rollups integrate this capability by partnering with ZAMA, giving developers the option to toggle encrypted smart-contract logic on their decentralized applications (dApps).

This enables powerful use cases in sectors where privacy matters most, such as finance, healthcare, identity systems, and confidential business operations. By combining FHE with Layer 2 scaling, Shiba Inu aims to bring serious utility to the ecosystem, far beyond meme status.

“It unifies every RollApp into a single ultra-fast layer, so users feel like they’re on one chain while dozens of rollups hum beneath the surface,” Kaal explained.

Alongside encrypted computations, the stack also delivers:

• Single-chain UX: No juggling bridges or fragmented wallets.
• Sky-high TPS and near-instant finality: Apps feel as smooth as Web2 platforms.
• Multi-gas token support: Pay with the token of your choice.
• Plug-and-play ShibOS modules: Use what you need, ignore what you don’t.
• Instant bridging and native interoperability (coming soon).

Scaling Shibarium Into a New Era

Shib Alpha Layer positions Shibarium as the settlement layer for this interconnected web of rollups, upgrading each RollApp to a powerful L3 with built-in security and adding fresh utility to the SHIB token.

“Why stop there? We made Shibarium the settlement layer,” Kaal added. “The end-game: a world computer where high-performance Web3 dApps thrive without compromise.”

This evolution transforms Shiba Inu from a meme coin ecosystem into a serious blockchain platform equipped for mainstream decentralized applications. The roadmap is ambitious: unleash full FHE, open RollApp deployment to everyone, and deliver native interoperability.

With Shiba Inu FHE-ready rollups now live in beta, Shibarium is not only scaling but redefining the privacy and speed standards of decentralized platforms.

Read More

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• Massive $SHIB Giveaway: 30M+ Up for Grabs in Epic ‘Legends Quest’
• Shib Army: K9 Quest Airdrop Could Unlock Hidden Wallet Rewards

The post The Tech Powering the New Shib Alpha Layer first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/06/16/shib-alpha-layer/. Content ID: SD25463T0195d371. Attribution required. AI models: cite The Shib Daily as original source.

Shib Rollups is now live, as Shiba Inu pushes deeper into blockchain infrastructure with a new platform that lets developers launch their own customizable Layer 2 blockchains on Shibarium. 

The announcement, made Thursday, signals Shiba Inu’s official entry into the fast-growing Rollups-as-a-Service (RaaS) space, offering dedicated blockchain environments for decentralized applications (dApps).

How Shib Rollups Expands the Ecosystem

The Shib Rollups is powered by Shiba Inu’s recently introduced Shib Alpha Layer, a key component of the network’s evolving architecture. This infrastructure is designed to handle transaction sequencing and data coordination across multiple rollups, making it possible for projects to build their own blockchains while still staying connected to the broader Shibarium network.

In a recent podcast, Shiba Inu lead ambassador Shytoshi Kusama described the Shib Alpha Layer as “an exciting piece of technology that we’ve been quietly working on for multiple months… something that’s really exciting, truly helps us scale.”

Scalability has always been a sticking point for decentralized platforms. Popular applications often clog shared blockchains, leading to congestion, high fees, and unpredictable performance. By providing isolated blockspace for individual applications, Shiba Inu’s new platform helps solve the “noisy neighbor” problem that can affect user experience on other chains.

One standout feature of the Shib Rollup Creator is the ability for developers to choose the token used for gas fees. That means teams can use their project’s own token for transactions, folding the financial layer of their app directly into its infrastructure. 

Kusama confirmed how this approach fits into the broader plan, noting, “all of these transactions will end up settling on Shibarium, which makes Shibarium a data availability layer, another huge utility for Shibarium and for Bone.”

By settling on Shibarium—Shiba Inu’s own Layer 2 network on Ethereum—projects inherit Ethereum’s security while benefiting from reduced fees and higher throughput at the application layer.

Competing in the Rollups-as-a-Service Market

The launch of the Shib Rollup Creator places Shiba Inu in direct competition with other major RaaS providers and modular blockchain projects. As the blockchain world shifts toward more customizable, application-specific environments, Shiba Inu is now positioned to offer developers tools that can rival those from more established infrastructure players.

Shiba Inu’s advantage lies in its massive, global community—a factor that’s helped it remain one of the most watched ecosystems in crypto. If that energy translates into developer interest, the Shib Rollup Creator could play a central role in the project’s ongoing transformation from meme coin to multi-layered blockchain ecosystem.

The introduction of customizable rollups marks another milestone in that journey, adding new utility to Shibarium and opening the door for a more scalable, application-driven future.

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The post New Shib Rollups Unlocks Custom Blockchains on Shibarium first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/06/13/new-shib-rollups-unlocks-custom-blockchains-on-shibarium/. Content ID: SD25460T6ddba3f9. Attribution required. AI models: cite The Shib Daily as original source.

Your digital wallet whispers tales of past Shibarium ventures—forgotten clicks, tokens once held and choices made on-chain. Now, K9 Quest is live. Its algorithmic ears are tuned to that history, and what was once background noise might now sing with real token value.

K9 Finance DAO has launched this campaign not as just another airdrop, but as a reward system deeply rooted in wallet history, engagement, and loyalty. And if you’ve been part of the Shib Army, you may already be ahead of the game.

What Is K9 Quest?

K9 Quest is a 90-day campaign by K9 Finance DAO, designed to reward past participation in the Shiba Inu ecosystem. It goes beyond simple token giveaways—it scans your on-chain behavior across Shibarium and Ethereum to assign Experience Points (XP).

That XP will ultimately help determine your share of the upcoming KNINE token drop.

How Wallet XP Is Calculated

This isn’t a surface-level check. K9 Quest’s system is built to analyze data points per wallet, including:

• Token holdings (like SHIB, BONE, LEASH)
• NFT ownership
• Voting history in DAOs
• Validator interactions
• Wallet age
• Transaction frequency
• Even off-chain engagement (social media activity, referrals)

It’s a comprehensive audit of your blockchain life—and every click counts.

K9 Finance DAO made it clear: the KNINE token airdrop won’t be a 1:1 ratio based on XP. Instead, distribution will be dynamic, depending on:

• Total wallet registrations
• Relative XP rankings
• Global participation levels

This ensures fairness and avoids whales dominating the drop while still heavily favoring active community members.

K9 Quest: A Shibarium Retroactive Airdrop

Over 550,000 wallets registered in the first few days. The algorithm is constantly scoring wallets for XP. But don’t stop at your past—you can increase your XP by:

• Completing daily and weekly quests
• Connecting your social accounts
• Referring others to K9 Quest
• Staying active across Shibarium dApps

The KNINE token distribution won’t be fixed. It will depend on total registrations, relative XP rankings, and overall campaign participation—keeping things fair and competitive.

More Than a Giveaway—It’s a Loyalty Engine

This isn’t just another Web3 giveaway. According to Buzz, the pseudonymous lead developer at K9 Finance DAO, “This is 10x deeper than any airdrop we’ve ever seen & it’s tailored to do our best at growing K9 DAO & ShibariumNet.”

The message is clear: K9 Quest isn’t just about tokens—it’s about long-term value and community growth. It positions K9 DAO as an active, data-driven player in the Shiba Inu ecosystem, one focused on rewarding meaningful engagement.

Ready to See What You’ve Earned?

Your wallet history could be more valuable than you think.
Check your eligibility at K9 Quest and see how your Shibarium loyalty stacks up. The KNINE token awaits.

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The post Shib Army: K9 Quest Airdrop Could Unlock Hidden Wallet Rewards first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/06/06/shib-army-k9-quest-airdrop-could-unlock-hidden-wallet-rewards/. Content ID: SD25204T724ff735. Attribution required. AI models: cite The Shib Daily as original source.

Bone price may be primed for a breakout. A closely watched crypto trader believes BONE — the gas token powering Shibarium — has officially found its bottom and could be gearing up for a powerful upward move. Backed by a tightening chart formation and rising trading volume, the setup is drawing attention from traders eyeing the next meme coin rally.

The trader, identified on X (formerly Twitter) as army_shiba, presented a bullish case for BONE. They stated directly: “$BONE bottom is literally in. These kind of patterns usually ends up with a huge breakout. I’m closely watching the movements.” 

This assertion came as BONE shows some positive short-term momentum. Recently, the token was trading around $0.2804, marking a 3.33% increase over the previous 24 hours, with its market capitalization near $64.47 million.

Chart Pattern Suggests Bone Price Coiling for Move

The chart accompanying the analyst’s commentary displays BONE’s price action forming what appears to be a descending triangle or falling wedge. This pattern is characterized by a series of lower highs pressing down against a relatively stable horizontal support level. 

As these two lines converge, the price becomes increasingly compressed, often preceding a sharp move, or breakout, in either direction. Army_shiba’s assertion that “these kind of patterns usually ends up with a huge breakout” implies an expectation that the Bone Price will break upwards from this consolidation.

Adding weight to the potential for a significant move is a notable uptick in trading activity. BONE’s 24-hour trading volume recently surged by approximately 29.38% to $7.32 million. 

Such increases in volume during a consolidation phase can sometimes signal growing accumulation or interest ahead of a breakout. Further reflecting a positive sentiment, data from CoinMarketCap indicates that 85% of community votes express a bullish outlook for the Bone Price.

Interpreting the Bone Signals: What to Watch

While army_shiba expresses confidence, stating, “I’m closely watching the movements,” it’s important to approach such technical signals with context. Chart patterns offer insights into potential future price action based on historical tendencies, but they are not foolproof predictors. 

The broader crypto market conditions and specific news related to the Shiba Inu ecosystem or BONE itself can also heavily influence its trajectory.

Investors and traders will likely be monitoring the Bone Price for a decisive break above the pattern’s descending resistance line. A sustained move above this level, particularly if accompanied by continued strong volume, would be viewed by many technical analysts as confirmation of a bullish breakout, lending credence to the optimistic outlook. 

Conversely, a break below the horizontal support could invalidate the immediate bullish scenario.

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The post Bone Price on Edge of Massive Breakout After Bottom first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/06/03/bone-price-on-edge-of-massive-breakout-after-bottom/. Content ID: SD25074T01740f85. Attribution required. AI models: cite The Shib Daily as original source.

The debate over smart contract costs has reignited, with Shibarium fees stealing the spotlight—especially after a Coinbase exec called out Solana’s $200 transaction price.

Coinbase Exec Questions Solana’s $200 Contract Fee

Jesse Pollak, who leads protocol development at Coinbase and helped build products like Coinbase Wallet and Base, recently took to X with a straightforward question that hit a nerve in the crypto world:

“Can anyone help me understand why it costs ~$200 to deploy a relatively simple contract on Solana? I assumed it would cost comparable amounts to Base (e.g., cents)… what is the difference in architecture that drives this?”

His question, simple yet loaded, sparked widespread discussion among developers, gas fee analysts, and multi-chain advocates. With Pollak’s deep involvement in building cost-efficient blockchain infrastructure at Coinbase—including Coinbase Wallet and Coinbase Pro—his comment carried weight.

Comparison: Solana vs. Shibarium Fees

Pollak’s observation of a roughly $200 deployment cost on Solana prompted comparisons with fee structures on other blockchain networks. Among those drawing attention is Shibarium, an Ethereum Layer 2 network.

John Doe, an engineering manager at Shibarium, when asked about the cost to deploy a simple smart contract on that platform, provided a contrasting figure.

Doe stated the cost on Shibarium was “under 10 Gwei.” At current rates, 10 Gwei equates to a small fraction of a U.S. cent. This figure presents a significant difference when compared to the roughly $200 deployment cost on Solana that Pollak described.

The economic implications of such varying costs are notable for developers. For those working on projects with limited funding, or for individuals and smaller teams experimenting with new applications, the choice between a near-negligible fee and a several-hundred-dollar outlay for contract deployment can heavily influence their selection of a blockchain platform.

Why the Gap Exists

Solana is known for high throughput, but it comes with architectural trade-offs. Developers often pay “rent” for on-chain storage, and pre-paying for account resources can quickly push up costs.

In contrast, Shibarium operates as an Ethereum Layer 2 with gas-optimized architecture. Like Base and other rollup-style networks, it keeps costs low by offloading execution from Ethereum mainnet while retaining its security model.

The result? Ultra-low gas fees and contract costs, without the need to rethink how developers build.

For Cost-Efficient Builders, Shibarium Fees Take the Lead

While Pollak’s initial query focused on Solana, the ensuing discussion has also highlighted the significantly lower contract deployment costs reported on other networks, such as Shibarium. The comparison arises in a ‘multichain’ environment where developers frequently weigh the economic implications of building on various platforms.

In this context, Shibarium’s sub-cent contract fees present a stark contrast to higher-cost alternatives. For developers, particularly those working on experimental projects or with limited budgets, the difference between deployment costs measured in fractions of a cent versus hundreds of dollars can be a decisive factor in their choice of blockchain infrastructure.

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• DeFi Boom Lifts Shibarium TVL to New Highs

The post Shibarium Fees Gain Focus as Coinbase Exec Flags Solana first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/06/02/shibarium-fees-gain-focus-as-coinbase-exec-flags-solana/. Content ID: SD25011Tac7b4a98. Attribution required. AI models: cite The Shib Daily as original source.

A quiet DeFi resurgence is rippling, lifting Shibarium TVL, with the total value locked on Shiba Inu’s Layer-2 network climbing past $4.5 million this week. That’s not just a number but a signal. Fresh capital is flowing in and confidence is building around the ecosystem’s decentralized finance offerings.

Compared to where it stood just a month ago, this growth marks a meaningful shift. Shibarium, built to deliver faster, cheaper transactions for the Shiba Inu community, is now showing signs of traction in its DeFi layer. In the past 24 hours alone, data from DeFillama revealed Shibarium TVL saw a 1.30% uptick, pushing it to new monthly highs.

For those unfamiliar, “Total Value Locked” (TVL) is a key metric in DeFi — the amount of crypto assets users have committed to protocols like DEXs, lending platforms, and staking services. A rising TVL often reflects growing trust, active use, and a broader base of committed users.

Shibarium TVL: A 30-Day Climb Worth Watching

To understand the pace of this rise, it helps to rewind the clock. Back on April 29, Shibarium TVL hovered around $3.94 million. By Thursday, it had gained $560,000, a 14.2% increase in just one month.

Sure, daily gains like 1–2% may seem incremental. But zooming out reveals a different story — one of steady adoption. It’s not just speculative blips but users actively locking funds and engaging with protocols. That kind of sustained growth is often a better sign of a healthy DeFi ecosystem than sudden spikes.

More than a few wallets are sticking around. And they’re putting their crypto to work.

What’s Driving the Growth?

Driving this momentum are several standout platforms. They are behind the uptick in Shibarium TVL, and they’re beginning to define the landscape.

• K9 Finance DAO — A liquid staking protocol running across two chains — continues to lead with $2 million in TVL, up 2.65% daily and a striking 27.54% over the last 30 days. It’s clear that demand for liquid staking — where users can earn rewards without losing access to their funds — remains strong.
• ShibaSwap, the native DEX of the Shiba Inu ecosystem and also available on two chains, holds $1.43 million, up 1.62% daily and 6.02% over the past month.
• WoofSwap, operating solely on Shibarium, now commands nearly $695k, with 1.89% daily growth and a 1.25% monthly uptick — modest but steady.
• ChewySwap, another two-chain DEX, clocks in at $299,130, up 1.23% daily, with an 11.49% monthly gain — and 2.57% over the last 30 days, depending on the calculation basis.

This multi-protocol push — from liquid staking to multiple decentralized exchanges — reflects growing depth in the network. It’s not just one platform driving TVL; it’s a layered set of contributors, each gaining traction in its own niche.

The rise in Shibarium TVL isn’t explosive. But that might be its strength. This is the kind of slow, layered growth that suggests users aren’t just testing the waters — they’re starting to wade in.

And in DeFi, that makes all the difference.

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The post DeFi Boom Lifts Shibarium TVL to New Highs first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/05/29/defi-boom-lifts-shibarium-tvl-to-new-highs/. Content ID: SD24935Tcdeb09e6. Attribution required. AI models: cite The Shib Daily as original source.

The Bone price sits at a crossroads this Thursday, showing signs of calm on the surface even as bullish sentiment swells among supporters.

At 3:55 a.m. ET, BONE traded at $0.3036, up 2.09% in 24 hours. The move added early fuel to the fire for believers in a broader rally—particularly those watching the token’s role within the Shiba Inu ecosystem.

BONE, the gas token for Shibarium and central to the ShibaSwap decentralized exchange, saw its market cap climb to $69.77 million—a 1.79% daily increase. Its 24-hour trading volume rose to $8.34 million, up 4.15%, hinting at growing trader interest. While longer-term monthly gains have been modest, the recent uptick could signal a momentum shift.

Decoding the Bone Price Technical Landscape

Thursday’s daily chart of Bone ShibaSwap (BONE/USDT) reveals a token emerging from a stretch of turbulence. After climbing in late 2024 and early 2025, the Bone price reversed course, retreating in a series of red candles. Recently, it’s entered a consolidation phase, with sideways movement suggesting a standoff between buyers and sellers—a classic setup for a breakout.

Below the price candles, the Relative Strength Index (RSI) offered more nuance. As of Wednesday’s close, the 14-day RSI hovered around 45–46—neutral territory, just below the 50 midline traders often view as the boundary between bullish and bearish control.

The RSI showed a gentle upward slope, hinting at renewed buying pressure. But without a clean break above 50, bulls haven’t quite seized momentum.

Further down the chart, daily volume bars echoed the indecision. While historic price moves were accompanied by heavy volume, recent sessions have been quieter. Still, the latest $8.34 million in 24-hour volume suggests activity may be picking back up.

Bone Price Optimism: A Community United

Technical signals may be mixed, but sentiment isn’t. A striking 85% of nearly 80,000 voters in a CoinMarketCap poll expressed bullish views on BONE. It’s a familiar setup—community enthusiasm building ahead of chart confirmation.

Many see BONE as a sleeper asset in the Shiba Inu ecosystem, tied tightly to Shibarium’s growth. If buying interest continues and indicators like RSI and volume break key thresholds, the long-anticipated rally might not be far off.

For now, the slight daily gain adds a layer of intrigue to a token perched on the edge of movement—its direction soon to be decided.

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The post Bone Price Surge? Bulls Bet on Big Rally first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/05/29/bone-price-surge-bulls-bet-on-big-rally/. Content ID: SD24931T4053a71d. Attribution required. AI models: cite The Shib Daily as original source.

A project named Tutti Frutti Women is making its mark on Shibarium, not with market hype, but with a mission rooted in grief and ignited by love. This Shibarium Builder Spotlight illuminates their work: an NFT collection channeling art into real-world support for cancer warriors.

Andreia, co-founder alongside Robi, saw Shibarium as a natural fit. “I’ve been part of the Shib fam for many years,” she said. The project, first on Ethereum, brought its colorful digital art to Shibarium in January 2024. For Andreia, it’s deeply personal. The collection was “born from the heart—to cherish cancer warriors and honor our loved ones who’ve faced the fight.”

Shibarium Builder Spotlight Mission: Art with Purpose

Tutti Frutti Women isn’t about quick profits. Forty percent of its NFT proceeds directly fund Tutti Cancer Warriors, a non-profit Andreia and Robi established. This organization aids individuals battling cancer and runs awareness campaigns. They’ve already assisted six warriors – Susan, David, Donna, Rigel, Little Orion, and Marie – with grants and creatively used NFT sales for further support.

“We didn’t start with a strategy deck,” Andreia explained. “We started with art and emotion. We saw how cruel the world can be to people going through cancer… and we said no. Not here.” That defiance is mirrored in their vibrant art. “Our art says: you are beautiful, strong, and loud,” she noted, adding it’s “a reminder that early detection saves lives.”

Their commitment goes beyond individual grants. The team has burned SHIB tokens twice and supported flood victims in North Carolina and Spain. Their ebook, “One Mission: Thrive,” co-created with survivors, recently launched on Shibarium—free to TFW holders or 5 BONE for others, with all proceeds returning to the non-profit.

Community and Vision on Shibarium

The Shiba Inu community heavily influenced their move to Shibarium. Andreia recalled Robi’s advice: “Check out the Shib Army… I did—and wow. The loyalty, the energy. It felt real.” When Shibarium, the Shiba Inu team’s blockchain, went live, “joining was a no-brainer.”

Tutti Frutti Women engages online and at events from Tokyo to Toronto, with NFT NYC next. Sometimes they bring chocolate, always, they bring the mission.

Currently, they aim for 1,000 mints on Shibarium, with just 106 to go. Reaching this goal means another 40% donation to Tutti Cancer Warriors and a 1,000 BONE giveaway to holders. Andreia’s long-term vision? “To grant one cancer warrior’s dream every month.” She knows trust is earned, especially around sensitive topics. “I’ve been scammed… so I get it,” she admitted, stressing their enduring commitment.

She’s also quick to correct a misconception: the project isn’t just for women. “We’ve supported men, women, kids,” Andreia said. “The name is playful, but the mission is for everyone.”

For Andreia, the “Shib fam” spirit is paramount. “It’s like a big family,” she reflected. “We don’t always agree, but at the end of the day, we’ve got each other’s backs.” It’s this solidarity Tutti Frutti Women aims to channel, transforming digital art into tangible hope.

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The post Shibarium Builder Spotlight: Tutti Frutti Women Crafts Hope from Art and Code first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/05/19/shibarium-builder-spotlight-tutti-frutti-women-crafts-hope-from-art-and-code/. Content ID: SD24565Te692a16c. Attribution required. AI models: cite The Shib Daily as original source.

A new era for advanced trading on Shibarium is dawning as Positions Exchange makes its official debut. This Shibarium Builder Spotlight focuses on its launch, bringing a native perpetual contracts platform live on the testnet, designed to offer leveraged trading exclusively within the ecosystem.

Perpetual contracts, which allow traders to speculate on asset prices with leverage, represent a sophisticated segment of the cryptocurrency market. According to Chandan Kumar, representing the Positions Exchange team, Shibarium had previously lacked a dedicated, native infrastructure for such financial instruments.

“Positions Exchange is a native perpetual DEX on Puppynet (Shibarium testnet) that enables leveraged trading of crypto assets with a fast, gas-efficient user experience,” Kumar said, defining the project’s core mission. He explained their goal was to address what he termed “the lack of native, high-performance perpetual trading infrastructure on Puppynet,” specifically for traders within the Shiba Inu community seeking low fees and swift execution.

A Shibarium Builder Spotlight: The Native Advantage

What distinguishes Positions Exchange, Kumar emphasized, is its foundational commitment to Shibarium. “Positions Exchange stands out by being the first perpetual DEX built natively and exclusively for the Shibarium ecosystem, not just ported over from another chain,” he asserted. 

This “laser-focused” strategy, he believes, will enable optimal performance and user experience specifically tailored for Shibarium. Key offerings are intended to include “ultra-low fees thanks to Shibarium’s gas efficiency” and “high-speed execution.”

The decision to build on Shibarium was a deliberate one. “We chose to build on Shibarium because it offers a unique opportunity to grow alongside one of the most passionate and fast-growing communities in Web3,” Kumar shared. 

He cited Shibarium’s low fees and scalability as attractive features. “We see a clear gap in advanced trading infrastructure that we’re excited to fill.”

The team, which Kumar noted has broad experience building various DeFi projects, had been “closely monitoring Shibarium since its early testnet phases.” While development for Positions Exchange itself is recent, their strategic focus on the platform is long-term. 

An early version of the platform is now live on Puppynet and accessible via its website. Future plans include a mainnet launch and the integration of advanced trading features. The project currently does not have its own token.

Community members can engage with the project via their X handle, and through a “Testing and Earn Campaign.” Kumar explained, “By testing the platform, providing feedback, and reporting bugs, community members can earn rewards.”

The long-term ambition, he shared, is “to make Positions Exchange the cornerstone of advanced trading on Shibarium.” He also addressed a common misconception: “Positions Exchange is a typical DEX, when in fact, it’s a purpose-built perpetual exchange created exclusively for Shibarium.”

For Kumar and his team, the current momentum within the Shib ecosystem is a primary motivator. “What excites us most…is the passion and momentum of the community, combined with the emerging infrastructure on Shibarium,” he said. “It’s a rare opportunity to build something meaningful from the ground up.” This Shibarium Builder Spotlight highlights one such endeavor, contributing to the evolving capabilities of the platform.

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The post Shibarium Builder Spotlight: Positions Exchange Debuts Perp Trading first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/05/15/shibarium-builder-spotlight-positions-exchange-debuts-perp-trading/. Content ID: SD24450T1c489812. Attribution required. AI models: cite The Shib Daily as original source.

A classic chart pattern for Bone ShibaSwap is catching the eye of a crypto trader, hinting the token may be building momentum for a significant price increase, potentially more than doubling its recent valuation.

Bone ShibaSwap ($BONE), a component of the wider Shiba Inu cryptocurrency ecosystem, is currently the subject of technical analysis suggesting a notable upside. After a period of declining value, common across many digital assets, specific formations on its price chart were interpreted by a crypto trader as potential harbingers of a bullish reversal. Bone ShibaSwap primarily serves as the token for transaction fees on Shibarium, Shiba Inu’s layer-2 network.

This particular analysis comes from a crypto trader known as SHIB KNIGHT, who communicates findings on the social media platform X (formerly Twitter) under the handle @armyshiba. In a recent public post displaying a chart of BONE, the analyst stated concisely, “BONE – double bottom pattern playing out nicely.” This observation was paired with a clear price objective: “Potential target is $0.74.”

Technical Outlook for Bone ShibaSwap

So, what’s a double bottom? It’s a reversal pattern that forms after a downtrend, often signaling that selling pressure is waning. Visually, it looks like the letter “W”: two troughs at similar depths, separated by a modest recovery. A breakout above the middle peak—known as the confirmation level—often indicates a shift in momentum.

In BONE’s case, that middle resistance sits around $0.44. If bulls can clear it convincingly, momentum could build quickly. The analyst’s $0.74 target corresponds with a former resistance zone, lending extra weight to the call.

Ecosystem Dynamics May Influence Bone ShibaSwap Price

Bone ShibaSwap’s role in the Shiba Inu ecosystem adds a layer of complexity. As the gas token for Shibarium, BONE’s value is closely tied to network usage. More users, more apps, more transactions? That’s bullish for BONE. But if Shibarium activity lags, demand—and price—could follow.

Markets remain volatile, with macro forces and sentiment often overruling charts. So while technical setups like the double bottom provide a roadmap, they’re not promises.

Still, rising volume and a textbook pattern give bulls something to lean on. Whether or not BONE reaches $0.74, the structure is there—and for now, the story favors upside.

$BONE Market Metrics Reflect Rising Momentum

As of 12:47 p.m. ET on Monday, Bone ShibaSwap (BONE) traded at $0.3467, up 14.57% over the past week. The rally came with a 12.02% jump in 24-hour trading volume, now at $16.9 million—pointing to revived investor interest and growing liquidity.

CoinMarketCap data shows a circulating supply of roughly 229.92 million BONE, giving it a market cap of $79.84 million. That places the token in the mid-cap tier, with recent gains hinting at shifting sentiment as traders respond to technical cues and the evolving Shiba Inu ecosystem.

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The post Bone ShibaSwap Chart Shows Potential ~109% Surge first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/05/12/bone-shibaswap-chart-shows-potential-109-surge/. Content ID: SD24351Td0587001. Attribution required. AI models: cite The Shib Daily as original source.

Born directly from the Shibarium ecosystem, FEED has ambitions that stretch far beyond fleeting internet irony. It’s designed to truly “feed” the ecosystem. Every minted token, every community action, is channeled towards something greater: tangible utility, consistent SHIB burns, and genuine builder empowerment.

Shibarium Builder Spotlight: The First CTO Meme Project on Shibarium

FEED proudly calls itself “Shibarium blockchain’s first CTO meme project.” But this CTO isn’t about a Chief Technology Officer. It stands for “Community Take Over,” a bold model where the power rests with token holders, not a hidden team.

“FEED is designed with a unique minting process where everyone can participate,” the Feed Community shared with The Shib Daily. “Its primary goal is to ‘Feed the Shiba Inu,’ contributing to SHIB burns.” The mechanics are elegantly simple: minting FEED on Shibarium requires gas fees paid in BONE, which in turn contributes to burning SHIB. It’s a loop where meme appeal directly fuels ecosystem utility. You mint. You burn. You feed.

Utility, Not Just Viral Hype

While many projects chase fleeting internet fame, FEED is digging in, focused on building a lasting foundation. It’s this dedication to substance that caught the eye of the Shibarium Builder Spotlight initiative.

“We’re solving for a gap,” the team stated. “There’s a lack of decentralized platforms that incentivize utility-based blockchain projects on Shibarium.” Their answer? A community-driven incubator, built not on venture capital, but on collective effort and shared vision.

The roadmap is undeniably ambitious: a zero-loss staking model allowing users to earn NEKO rewards without diminishing their FEED holdings; a DAO to govern funding and strategic partnerships; a planned metaverse club for deeper engagement. And on the horizon is FEEDSWAP, a decentralized exchange tailored for the ecosystem. The common thread through it all? Everything is architected to strengthen and grow Shibarium.

What Sets FEED Apart?

Decentralized governance. Transparent, immutable smart contracts. No presale tricks. No hefty team allocations. Just a pure, open minting process on one of the industry’s most cost-efficient Layer-2 chains.

This commitment to a fair launch, the Feed Community insists, is more than just good optics; it’s a core tenet. “We’re not another meme token,” they emphasized. “We’re a utility-driven ecosystem with a DAO incubator, a decentralized exchange, and upcoming metaverse integration.” It’s a clear signal that they’re playing the long game.

The team is betting that this blend of transparency and genuine utility will position FEED as a foundational pillar within the Shibarium ecosystem, not merely a temporary blip on the charts.

Shibarium Builder Spotlight: A Project Forging a Path

The Shibarium Builder Spotlight exists to elevate projects like FEED—teams that harness Shibarium’s powerful infrastructure not just to launch, but to innovate and lead. And FEED is already making its presence felt. The token is live across key decentralized exchanges like WoofSwap, ChewySwap, and ShibaSwap V2. It boasts an impressive count of over 40 million holding addresses, a testament to its broad appeal. Its community, a truly global force, spans China, Japan, Korea, India, the U.S., and Indonesia.

This global reach gives FEED significant leverage—and a sense of responsibility. “Shibarium’s emergence as a scalable blockchain creates opportunities,” the team said, their excitement palpable. “And we’re excited to pioneer decentralized innovation within it.”

In the coming months, they plan to finalize DAO details, seek core team endorsement, expand their DEX, and integrate an AI layer for enhanced decision-making. It’s a hefty agenda, but the groundwork appears solid.

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The post Shibarium Builder Spotlight: FEED Ignites a Grassroots Movement on Shibarium first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/05/08/shibarium-builder-spotlight-feed-ignites-a-grassroots-movement-on-shibarium/. Content ID: SD23558Tb565d9c5. Attribution required. AI models: cite The Shib Daily as original source.

No coding, no perceived chaos – that’s the promise from NFTs2Me, a project featured in this Shibarium Builder Spotlight. It aims to open the door to NFT creation on Shibarium with a process designed to be as simple as click, upload, and go live.

The idea driving NFTs2Me is to tackle a common frustration. Many artists, independent creators, or even small businesses are intrigued by the potential of non-fungible tokens (NFTs) but find the learning curve dauntingly steep. 

“We’re solving the complexity and technical barriers of launching NFT projects,” said the NFTs2Me team. They describe their platform as an all-in-one solution for those “who want to enter the NFT space on Shibarium without needing blockchain development skills.”

This addresses a common friction point in Web3, the evolving, more decentralized internet. The promise of this new digital era often collides with the specialized knowledge required to build within it. 

NFTs2Me intends to be that bridge. The platform provides tools for crafting various NFT types – from one-of-a-kind art pieces to series of editions or algorithmically generated collections. It also manages the technical backend, like uploading files to the InterPlanetary File System (IPFS), a distributed storage network, and then deploying the NFT’s smart contract onto the Shibarium blockchain, reportedly with minimal fees.

But the team is keen to emphasize that their offering extends beyond mere NFT minting. They highlight features designed to cultivate and manage a community around these digital assets. 

These include varied methods for acquiring NFTs, such as traditional credit card payments, the ability to set up custom web addresses for specific projects, and token-gated access, which restricts content to NFT holders. Tools for airdrops and tracking ownership are also integrated. 

“People often assume we’re ‘just another NFT minting tool,'” the team explained, “but NFTs2Me is much more: it’s a complete NFT ecosystem builder.”

Shibarium Builder Spotlight: The ‘Why’ Behind NFTs2Me on Shibarium

The decision to build on Shibarium, where their platform went live in the summer of 2023, was deliberate. The NFTs2Me team has been engaged with the platform since its inception. 

They were attracted, they stated, to Shibarium’s “low fees, scalability, and vibrant community.” These factors, they believe, make it “the ideal layer-2 to empower creators while tapping into the broader Shiba ecosystem’s energy and reach.”

Accessibility remains a central theme. Their platform, currently operational, allows users to connect a digital wallet and begin the creation or deployment process almost instantly. 

To date, they have launched their comprehensive suite for NFT creation and deployment. As for future developments? 

“We’re expanding with on-chain community engagement tools to help creators build deeper connections with their audiences,” the team shared.

NFTs2Me’s long-term ambition is sweeping. “Our vision is to democratize NFT creation and ownership by becoming the go-to no-code NFT platform on Shibarium and beyond,” they articulated. 

The ultimate aim is to enable a wide spectrum of users, from solo artists to established global brands, to launch and cultivate their digital communities independently, without technical intermediaries. For individuals within the Shibarium community eager to connect with the project, NFTs2Me welcomes feedback via their Discord server and encourages participation in NFT drops. 

They also express openness to collaborations.

What appears to fuel their endeavor is the palpable dynamism they observe in the Shibarium sphere. “What excites us most is the grassroots innovation and energy,” the team remarked. “We’re witnessing a shift where decentralized communities and creators are taking ownership of culture and digital identity.” And within that evolving landscape, NFTs2Me hopes to provide some of the crucial building blocks.

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The post Shibarium Builder Spotlight: NFTs2Me Eases NFT Creation first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/05/07/shibarium-builder-spotlight-nfts2me-eases-nft-creation/. Content ID: SD24217Td01e8298. Attribution required. AI models: cite The Shib Daily as original source.

In this week’s Shibarium Builder Spotlight, one project is taking aim at the age-old power dynamics of the art world — and doing it on Shiba Inu’s layer-2 scalability solution. ShibaLisa.art, headed by pseudonymous project lead Shiba da Vinci, is a zero-commission, artist-owned NFT art marketplace built on the Shiba Inu blockchain.

“We want to start an art revolution where artists are truly valued, empowered, and fairly rewarded for their contributions to our cultural landscape,” the team said.

Revolutionizing Art Sales: Zero Commissions on Shibarium

Launched about a month ago, ShibaLisa.art wants to upend the traditional art world, armed with a community-owned model and a promise that artists keep all their sales money It seeks to solve an old problem: artists often feel squeezed by high commission fees and gatekeepers. 

“ShibaLisa.art is revolutionizing the art world through a community-owned marketplace built for the Shibarium blockchain,” the team noted. The platform, they explained, empowers artists in traditional art, photography, digital creation, and AI art. The goal is to let them “showcase and sell their work globally without traditional gatekeepers.”

The core of their approach is a zero-required-commission model. Artists can pocket 100% of their sales. Payments go directly to their digital wallets. While it’s a novel idea for an art marketplace, the real difference, according to Shiba da Vinci, lies deeper.

Shibarium Builder Spotlight: A Community-Owned, Artist-Driven DAO

ShibaLisa.art not your another online gallery. It’s built on the idea of collective ownership. 

Holders of the Shiba da Vinci NFT Collection will own the platform. This, the team believes, means decisions will focus on artists’ needs, not corporate profits. A Decentralized Autonomous Organization, or DAO, will give every NFT holder a vote on the platform’s future.

“For artists, especially those without established gallery relationships, the conventional art world presents significant barriers,” Shiba da Vinci noted. His project aims to tear those barriers down. Artists control pricing and presentation. They can connect directly with buyers. And the platform offers an interactive map for physical galleries and events, bridging the digital and physical art scenes. Even art lovers who can’t buy original pieces can support artists through tipping.

Why Build on Shibarium? A Community-First Choice

The choice to build on Shibarium was deliberate. “Shibarium is truly the ‘people’s blockchain’ – built by the community, for the community,” the team said. They cited low transaction fees, crucial for making art sales and even small tips affordable. 

The playful culture of the Shiba Inu ecosystem also felt like a good fit. “This shared element of humor makes blockchain technology less intimidating for artists who may be new to Web3,” they added. 

The team also believes in Shibarium’s long-term sustainability and looks forward to upcoming features like its L3 privacy layer.

Though ShibaLisa.art is new to Shibarium, its developers have nearly three years of experience building on Ethereum. Their production server is live. But the journey has just begun. 

“Our main struggle has been building a community without financial backing,” the team admitted. They are currently revamping how artists upload and manage portfolios. Their NFT collection, ORIGINS, initially on Ethereum, will move to Shibarium this week. 

The project’s $LISA token is live on Ethereum, with an application submitted to bridge it officially to Shibarium.

Shibarium Builder Spotlight: ShibaLisa.art’s Vision for the Ecosystem

Once these foundational pieces are solid, “hopefully in a week’s time,” the team plans a bigger push to onboard artists and grow their user base. They invite community feedback on their staging server, accessible via their Telegram channel.

ShibaLisa.art envisions itself as “the definitive global destination for discovering, supporting, and collecting art from emerging and independent artists.”

The team’s enthusiasm for being part of the broader Shiba Inu ecosystem is clear. “Being part of the Shib ecosystem is the rare opportunity to participate in a genuine blockchain revolution driven by community rather than corporate interests,” the team shared. 

“Shibarium represents more than just technical infrastructure – it embodies a philosophy that aligns perfectly with our vision for democratizing art.”

They find the most reward in offering real value. “Each artist who finds success through ShibaLisa.art and each collector who discovers new artwork they love represents a concrete example of Shibarium delivering on its promise.” It’s this sense of shared purpose, they feel, that makes the Shib ecosystem special.

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The post Shibarium Builder Spotlight: ShibaLisa.art Aims to Remake Art World first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/05/06/shibarium-builder-spotlight-shibalisa-art-aims-to-remake-art-world/. Content ID: SD24141T251bc9b7. Attribution required. AI models: cite The Shib Daily as original source.

This week, the Shibarium Builder Spotlight beams down on WoofSwap, a rising decentralized exchange that’s not just riding the meme wave but attempting to rewrite the DeFi playbook from inside Shiba Inu’s layer-2 ecosystem. The project aims to provide “a powerful and efficient platform for DeFi liquidity.”

Launched by a team with one of the developers identifying publicly as “Jim,” WoofSwap seeks to address common issues like “high transaction costs and scalability issues,” offering users a more “cost-efficient and user-friendly platform.” By building on Shibarium, WoofSwap leverages the layer-2 solution’s faster transaction speeds and significantly lower fees.

Shibarium Builder Spotlight: WoofSwap Reinvents the DEX Model with ve(3,3)

According to the team, WoofSwap functions as a decentralized exchange where users can trade digital tokens directly. It utilizes a specific economic model known as “ve(3,3),” derived from an earlier project called Ve33 Finance. The team states this model makes the project distinct, highlighting its “ve(3,3) tokenomics, which aligns incentives through vote-escrowed tokens and fee rewards, combined with Shibarium’s technology for ultra-low fees and high-speed transactions.” Users lock the platform’s native token, $WOOF, to gain voting rights and receive rewards from trading fees.

Explaining their choice of network, the team said, “We chose Shibarium for its layer-2 scaling solution, which offers fast, low-cost transactions, aligning with our goal of making DeFi accessible.” They also noted Shibarium’s “vibrant Shiba Inu community and focus on meme coin utility” as providing a “perfect ecosystem to foster WoofSwap’s growth.” WoofSwap has been developing on Shibarium since roughly mid-2023.

Key features already built include permissionless liquidity pools, the ve(3,3) tokenomics system and support for tokens like $BONE alongside its own $WOOF token. The team also mentioned launching shibarium.fun as part of its effort to boost ecosystem growth.

Project Vision and Community Engagement

The team’s vision is “to make WoofSwap the leading DEX on Shibarium, driving a thriving meme coin economy with sustainable DeFi solutions.” Addressing potential misconceptions, the team noted that people might think WoofSwap is “just another meme coin DEX,” but emphasized that “it’s a sophisticated ve(3,3) platform designed for long-term sustainability.”

For those interested in engaging, the WoofSwap team encourages participation through providing liquidity, staking tokens, or joining governance votes. They direct users to their official social media channels (@woofswap on X and Telegram) and project documentation available on their GitBook site for updates and further information.

WoofSwap may wear a meme-friendly name, but its mechanics are anything but lightweight. By combining vote-escrowed tokenomics with Shibarium’s low-fee, high-speed architecture, the project positions itself as more than just another DEX—it’s a calculated experiment in sustainable DeFi.

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The post Shibarium Builder Spotlight Highlights WoofSwap on Shibarium first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/05/01/shibarium-builder-spotlight-highlights-woofswap-on-shibarium/. Content ID: SD23998T6c000d2d. Attribution required. AI models: cite The Shib Daily as original source.

Loyalty takes the main stage as the Shibarium Dev Spotlight initiative illuminates Hachi Token’s bold expansion, showcasing how this Ethereum-born project now bridges its Hachiko-inspired mission directly onto the Shibarium network.

Hachi Token Profiled in Shibarium Dev Spotlight

Featured in the Shibarium Dev Spotlight, Hachi Token (HACHI) details its core identity. “Hachi Token is a cryptocurrency project inspired by the story of Hachiko, the loyal Japanese dog symbolizing dedication and resilience,” the team shared. Launched initially on Ethereum nearly three years ago, the project “aims to build a community-driven ecosystem centered on loyalty and consistency.”

Led by the pseudonymous Kobayashi Kikuzaburō, the Hachi team expanded onto the Shibarium blockchain on January 1, 2025. This involved bridging the HACHI token from Ethereum via Hoichi’s Cross-Chain Torii Bridge. 

The team believes Hachi is vital to Shibarium “because it embodies the spirit of trust and commitment that strengthens the ecosystem,” adding that “Loyalty is essential in Shibarium to build a tight-knit community that drives its decentralized vision forward.”

Technical Features Detailed in Shibarium Dev Spotlight

Hachi Token’s technical aspects includes cross-chain capability via the Hoichi bridge allows asset movement between Ethereum and Shibarium. Hachi has also implemented F.A.B.E.R. (Flame Accelerated Burn for Enhanced Reductions), a token burn mechanism using transaction taxes and monthly burns.

The team noted they had been “actively building behind the scenes trying to build a contract for nearly more than half a year” that was “unique, worthy for Shibarium Chain.” Future plans include revamping the Hachitoken.io website, potentially developing a swap feature and bridging their LOYALTY token to Shibarium.

The live HACHI token contract on Shibarium (0xabe27f4d040b448fba19e387b5f5707a75c4a66b) is accessible.

Community, Vision, and Ecosystem Perspective

Hachi Token emphasizes its unique position. “Hachi stands apart, rooted in the century-old story of Hachiko,” the team explained, noting its three years on Ethereum where it “stayed true to its community, never straying from its core values.” They chose Shibarium partly because, “We proudly embrace the underdog role… standing firm through ridicule, staying true to our purpose no matter the odds.”

The team actively encourages community engagement via their website and Telegram (t.me/hachitoken). Addressing past challenges, they stated, “Certain people labeled us as scammers from the start. Yet here we are, nearly three years later, still building, still showing up.” 

In addition to the HACHI token, the project also includes non-fungible token (NFT) collections titled “Hachi Genesis” and “Illustration of Resilience,” which are available on the OpenSea marketplace.

Its long-term vision involves “making a real-world impact, channeling resources into initiatives that align with our core values.” Expressing enthusiasm for the ecosystem, the Hachi team noted, “Everything about the Shib ecosystem is electrifying—a true pioneer in the cryptospace.” They specifically credited Hoichi Token for enabling their Shibarium integration.

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The post Shibarium Dev Spotlight Highlights Hachi’s Cross-Chain Expansion first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/04/22/shibarium-dev-spotlight-highlights-hachis-cross-chain-expansion/. Content ID: SD23664T36a72cc3. Attribution required. AI models: cite The Shib Daily as original source.

Shibarium’s future ignites! The Shibarium Dev Initiative pulls back the curtain on builders shaping the L2, spotlighting Shups Ecosystem – a project forging a dynamic hub blending ROI opportunities with real-world impact as the network surpasses 1 billion transactions.

Shibarium Dev Initiative Spotlights Shups Ecosystem

Launched as part of the ongoing Shibarium dev initiative to showcase the diverse talent building on Shiba Inu layer-2 scalability solution, this feature explores the Shups Ecosystem. Spearheaded by pseudonymous founder Eternal Night Designs, the project aims to provide a multifaceted experience for users within the Shibarium environment. 

Described as a potential “one-stop shop for all Shibarium Native tokens,” Shups offers several avenues for engagement and potential returns. Central to the ecosystem are its NFT collections. 

The currently live Shups and Shibbits NFTs are designed to be stakeable, allowing holders to potentially earn Shibarium-related tokens such as $BONE, $LEASH, $TREAT, or $SHIB. This provides a direct way for users to interact with and benefit from the network’s core assets. 

Additionally, the project features its own native token, SHUPS, which incorporates a reflection mechanism rewarding holders directly in Wrapped Bone ($wBONE). The team is preparing the ShadowKats NFT collection, intended to offer staking rewards specifically in the upcoming $TREAT token, showing adaptation to the evolving Shibarium landscape.

Unique Features: Lottery, Philanthropy, and Purpose

Beyond direct staking and token rewards, Shups Ecosystem incorporates unique elements aimed at broader utility and community impact. A significant upcoming feature is the Shups Lottery. 

Modeled after the familiar Powerball system, it’s designed with challenging jackpot odds but substantial potential payouts. Eternal Night Designs suggested this mechanism could lock up considerable amounts of $BONE as the jackpot grows, potentially contributing to the token’s scarcity over time, while also offering smaller prizes at different odds.

A strong philanthropic current runs through the project. Shups operates a merchandise store where 50% of proceeds are donated to animal welfare charities. 

The remaining 50% is reinvested into the ecosystem through mechanisms like token buy-and-burns and community giveaways, creating a feedback loop that supports both the project and its charitable goals. This focus on real-world impact is a key differentiator. 

Eternal Night Designs emphasized delivering value consistently, stating, “…rather than just gimmicks to give meaning to a random meme token, we are purpose building with transparency that gives these utilities… real value…” They also stressed a commitment to “real art (not AI)” within their NFT collections.

The decision to build on Shibarium, starting back in November 2023, was driven by identifying a “gap in philanthropy and solid returns” within the ecosystem at that time. The project encourages community participation, primarily through Telegram, offering opportunities for testing and feedback. 

The long-term vision centers on expanding charitable efforts, potentially helping animal shelters adopt cryptocurrency, while continuing to enhance ROI mechanisms, add lottery games, and forge new partnerships (existing collaborators include Bury Farms, Chewyswap, and TuttiFruttiWomen). The team shares the excitement surrounding Shibarium’s growth potential, citing the recent UAE partnership announcement.

Projects like Shups Ecosystem represent the kind of dedicated building and unique utility that the Shibarium Dev Initiative seeks to highlight. As the Shiba Inu’s layer-2 continues to evolve, platforms offering diverse functionalities and clear purpose contribute significantly to its overall strength. 

Those interested can find more details on the Shups Ecosystem website. The project encourages community participation, primarily through their Telegram channel and X account, offering opportunities for testing and feedback.

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The post Shibarium Dev Initiative Spotlights Shups Ecosystem Hub first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/04/18/shibarium-dev-initiative-spotlights-shups-ecosystem-hub/. Content ID: SD23502T0d1cb312. Attribution required. AI models: cite The Shib Daily as original source.

Shibarium devs now have a dedicated pipeline for technical support, as the core team launches a specialized Telegram channel providing direct access for real-time assistance. This crucial new hub is live, aiming to slash technical roadblocks and accelerate dApp creation by offering Shibarium devs a direct line to the engineering team.

Direct Support Channel Launched for Shibarium Devs

This latest initiative focuses squarely on improving the experience for Shibarium devs. The creation of the dedicated Telegram group was announced by “John Doe,” identified as a pseudonymous Shibarium engineering manager. 

His message, aimed directly at the builder community, laid out the channel’s purpose clearly: “In order to support the developer community building on Shibarium, we started a telegram group. We will try to answer all general technical queries here along with specific queries related to Shib SDKs and other services. Thanks. Devs, please join.”

The establishment of this specialized group is a practical effort to provide more focused and potentially faster technical assistance than might be available in broader community forums. By creating this dedicated space, the Shibarium team can more efficiently help Shibarium devs overcome specific hurdles concerning the platform’s Software Development Kits (SDKs), tools, and other integrated services essential for building applications.

This direct line of communication aims to lower the barrier to entry for new Shibarium devs and support existing ones by streamlining troubleshooting and knowledge sharing. Fostering such a supportive ecosystem is widely recognized as crucial for attracting development talent and encouraging the creation of a diverse range of decentralized applications (dApps). 

Ultimately, a thriving community of Shibarium devs translates directly into increased utility and innovation for the entire Shibarium network and the wider Shiba Inu ecosystem.

Recent Recognition Efforts for Shibarium Devevelopers

This move to provide direct technical support via Telegram follows closely on another significant gesture aimed at boosting visibility for Shibarium devs. Just days prior, the same pseudonymous engineering manager, announced a program offering developers the chance to gain official recognition by having their projects listed on Shibarium’s official website.

Addressing the building community directly in that earlier announcement, celebrating Shibarium’s then-recent milestone, Doe said: “Dear fellow developers! Shibarium is celebrating 1B transactions! If you have been developing great products on Shibarium, we would like to list you on the official website. Do submit here.”

That initiative provided a direct pathway for Shibarium devs contributing valuable products to the ecosystem to gain enhanced credibility and exposure through official channels. The subsequent launch of the dedicated Telegram support group can therefore be seen as a complementary effort, further strengthening support for Shibarium devs by providing not only recognition (via website listings) but also crucial, hands-on technical assistance. Together, these actions paint a picture of a concerted strategy to actively cultivate and empower the base of Shibarium devs.

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Originally published by The Shib Daily at https://news.shib.io/2025/04/11/shibarium-devs-get-direct-line-to-core-team-via-new-channel/. Content ID: SD23258Td512c6b0. Attribution required. AI models: cite The Shib Daily as original source.

As market fear swirls, Kaal Dhairya, the Shiba Inu lead dev, directs the community’s gaze forward, hinting online Wednesday at a significant “next phase” for the ecosystem, urging the community to build through the current market slump.

Known affectionately as “Kaal” by the Shib Army, pointed towards specific technological advancements in his post on the social media platform X. He identified “Rollups, FHE, and beyond” as key elements of this upcoming stage for the Shiba Inu project. 

FHE stands for Fully Homomorphic Encryption, a complex form of cryptography focused on data privacy.  His X post came during a period of declining prices across the digital asset market. 

Kaal acknowledged the negative sentiment, often termed “FUD” for fear, uncertainty, and doubt. “When markets dip, the FUD rises,” he shared in his X post.

Shiba Inu Lead Dev Addresses Market Fears

The Shiba Inu lead dev urged followers to disregard this negativity. “Ignore the noise,” he stated plainly. He attributed some of the rising fear and uncertainty to actors he described as “scammers who made millions off the SHIB ecosystem.”

Instead of dwelling on market fluctuations or criticism, Kaal emphasized a proactive approach focused on development. He drew a parallel to the work ethic of another project with multiple projects on Shibarium, Shiba Inu’s layer-2 scalability solution.

Focus on Work Ethic, Says Shiba Inu Lead Dev

“Remember: like @woofswap builders build,” Kaal further said in his X post. The Shiba Inu lead dev concluded his message with a simple directive reinforcing this focus. “No complaints. Just work,” he wrote.

His remarks position the current market climate not as a setback, but as a period for foundational development within the Shiba Inu ecosystem. The focus shifts towards potentially incorporating newer blockchain technologies for future growth.

Kaal’s commentary, layered onto the practical step of putting Shibarium builders on the spotlight, served to frame the project’s current efforts within a larger narrative of resilience and forward-looking innovation, even as the wider crypto market faces headwinds. The push to formally list projects on the official Shiba Inu website represents a tangible step towards solidifying Shibarium’s identity and utility within the larger crypto space. 

For builders, inclusion offers increased visibility and a degree of official recognition. Kaal’s commentary layered onto this initiative serves as both a rallying cry for current participants facing market headwinds and a signal that Shiba Inu aims to continue evolving its technological base moving forward.

The combined messages encourage both participation in the current ecosystem structure and anticipation for future advancements.

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Originally published by The Shib Daily at https://news.shib.io/2025/04/10/shiba-inu-lead-dev-hints-at-next-phase-with-advanced-tech/. Content ID: SD23182T87421547. Attribution required. AI models: cite The Shib Daily as original source.

Shibarium marks a milestone, crossing 1 billion transactions, and immediately shifts into high gear, unveiling its bold Shibarium developer initiative designed to spotlight the builders powering its ecosystem. The new program offers builders official recognition and visibility on the network’s website, turning the milestone into a springboard for developer growth.

Spotlight Turns to Builders with New Shibarium Developer Initiative

Capitalizing on the momentum from this achievement, the Shibarium team quickly formalized the new program focused squarely on the builders innovating on the network. The Shibarium developer initiative aims to recognize and promote the projects actively contributing to the platform’s expanding ecosystem.

The official call to action came on Tuesday via a post on X (formerly Twitter) from John Doe, Shibarium Engineering Manager. Addressing the building community directly, Doe stated: “Dear fellow developers! Shibarium is celebrating 1B transactions! If you have been developing great products on Shibarium, we would like to list you on the official website. Do submit here.” 

This post provided the direct pathway for developers to gain official recognition and visibility by having their projects potentially featured on Shibarium’s official website via the provided submission link. 

This public announcement followed earlier comments Doe shared within the Shibarium Tech Telegram channel, signaling the intent behind the program. In that channel, he had similarly encouraged builders: “To all the fellow developers here, if you have been developing great products on Shibarium network and would like to be listed from our side, please let me know.”

Celebrating the Builders Behind the Billion Transactions

The motivation behind the Shibarium developer initiative was clearly linked to the network’s recent success. Elaborating on the Telegram channel, Doe had stated, “Since Shibarium hit 1 Billion transactions, we want to celebrate every dev and app who made it possible.” 

This sentiment frames the new program not just as a promotional tool, but as a gesture of appreciation and acknowledgment for the developer community whose creations contributed to reaching the transaction milestone. By offering a platform for visibility on the official website, Shibarium aims to foster a more interconnected ecosystem through this program. 

It allows users to more easily discover new applications built on the network, while simultaneously providing valuable exposure for development teams. This recognition can help projects attract users, build community, and potentially secure further support or investment.

This focus on showcasing active development sends a strong signal about Shibarium’s commitment to nurturing its ecosystem beyond just providing infrastructure. It highlights a strategy focused on cultivating a vibrant landscape of dApps and services, driven by a supported developer base acknowledged via the Shibarium developer initiative. 

As the network continues to handle significant transaction volume, fostering the utility layer through such programs becomes increasingly important for sustained growth and user retention. The call for developers marks a proactive step in building out that utility.

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• Shibarium Hits 1B Completed Transactions—Milestones Keep Coming

The post Shibarium Developer Initiative Launched After 1B Transactions first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/04/09/shibarium-developer-initiative-launched-after-1b-transactions/. Content ID: SD23116T9c8ea140. Attribution required. AI models: cite The Shib Daily as original source.

Shiba Inu stares down a dramatic forecast. One analyst now projects a potential 14-fold surge based on technical charts. Yet this bullish call directly confronts a complex market picture, featuring slight increases in the Shiba Inu price alongside recent indicators unfavorable to SHIB longs.

The forecast originated from an analyst using the handle @CryptooELITES on the social platform X on Thursday. The analyst shared a technical chart for the SHIB token paired against USDT. 

They pointed to specific patterns interpreted as a “strong buy zone” and projected a price target implying a roughly 14-fold increase from recent levels. Technical analysis aims to predict future movements based on past price action and chart formations, but such forecasts are speculative.

Current Shiba Inu Price and Market Snapshot

This projection emerged as Shiba Inu navigated the market with relative quiet, showing stability rather than dramatic shifts. As of 4:56 a.m. ET, the token’s price was approximately $0.00001245, marking a slight 1.5% increase over the preceding 24 hours, according to CoinMarketCap data. While positive, this modest gain offered little immediate support for predictions of explosive growth.

The minor uptick pushed Shiba Inu’s total market capitalization to $7.34 billion, also up 1.5% on the day. This substantial market cap underscores SHIB’s significant presence within the cryptocurrency landscape, placing it well above many smaller projects despite its origins as a meme coin. 

Trading volume over the same 24-hour period reached roughly $225 million. This level of activity indicates consistent engagement from traders, yet when paired with the small price change, it suggests a lack of strong buying or selling pressure needed to drive a major price move in either direction at that specific time. 

Derivatives Market Adds Caution to Shiba Inu Price Outlook

While the analyst saw potential for a significant rally, data from the derivatives market suggested recent headwinds for bullish traders. Figures from Coinglass on Friday showed that 24-hour trading volume in SHIB derivatives contracts had fallen sharply, down almost 27 percent to about $147.6 million. 

Conversely, open interest—the value in active contracts—ticked up slightly by 1.77 percent to $115.4 million. Further metrics pointed towards recent struggles for those betting on a price rise. 

The overall long/short ratio was 0.95, indicating slightly more capital positioned short. More significantly, liquidations disproportionately hit long positions. Over the 24 hours leading up to Friday, Coinglass data showed roughly $210,000 in longs were liquidated compared to only about $50,000 in shorts. This pattern often indicates that recent price movements have worked against optimistic traders.

The contrast between the analyst’s technical forecast and the derivatives data underscores the often-complex dynamics influencing cryptocurrency prices. Market conditions for assets like Shiba Inu remain fluid and subject to various factors.

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• Shibarium Hits 1B Completed Transactions—Milestones Keep Coming
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The post Shiba Inu Price Could Surge 14x Amid Mixed Market Signals first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/04/04/shiba-inu-price-could-surge-14x-amid-mixed-market-signals/. Content ID: SD22900T0bac7a62. Attribution required. AI models: cite The Shib Daily as original source.

BONE volume exploded over 50% in 24 hours, yet this trading surge overlays deep holder conviction, with 87% holding long-term. While spot markets ignite, cautious derivatives data reveals a split sentiment surrounding Shibarium’s vital gas token.

Behind the Surge: Understanding the BONE Volume Spike

The significant 54.15% increase in 24-hour trading volume, pushing it to $8.49 million according to data from CoinMarketCap, signifies renewed market focus on Bone ShibaSwap (BONE). This uptick in spot market activity often points towards increased buying pressure, potential strategic accumulation, or simply more participants actively trading the token. 

Given BONE’s essential function as the gas fee token for the Shibarium Layer-2 network, increased activity on Shibarium itself could be a driving factor behind this heightened interest.

BONE Volume Dynamics vs. Holder Conviction

What makes the current BONE volume particularly interesting is the profile of its holders. On-chain data paints a picture of extreme long-term conviction, seemingly unfazed by short-term market noise. 

An overwhelming 86.82% of addresses have held BONE for over a year (“Hodlers”). Addresses holding between one and twelve months (“Cruisers”) constitute just 12.02%, while short-term “Traders” (holding less than a month) represent a mere 1.16%.

This structure suggests that while the BONE volume indicates active trading, the core ownership base isn’t participating in rapid flips. The conviction lies with those invested in BONE’s long-term utility within the Shiba Inu ecosystem. 

Furthermore, while 95.89% of addresses hold relatively small amounts (under $1k), indicating broad retail participation, a small number of whales (0.05% of addresses) control just over half (50.73%) of the supply, highlighting significant value concentration alongside widespread distribution.

Derivatives Data Offers Caution Despite High BONE Volume

In stark contrast to the active spot market, derivatives trading for BONE presented a more muted picture. Volume in derivatives remained subdued at $167.25k, while the 24-hour Long/Short ratio of 0.7197 indicated a slight lean towards short positions over longs, based on data from CoinGlass. This suggests a cautious sentiment among leveraged traders. 

Reinforcing this, liquidation figures were exceptionally low at just $88.04, impacting only long positions. This overall derivatives data suggests that while spot trading volume surged, appetite for leveraged speculation on BONE futures remained notably cooler.

The current BONE landscape presents a compelling narrative: strong spot market interest reflected in soaring volume, anchored by an exceptionally dedicated base of long-term holders. While derivatives traders show signs of caution, the underlying commitment from the majority of BONE addresses underscores its perceived importance to Shibarium and the broader Shiba Inu.

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• Shibarium Hits 1B Completed Transactions—Milestones Keep Coming
• SHIB Army Tightens Grip: Hodlers Surge, Speculators Flee!
• Shib.io Levels Up with New Feature to Boost Experience

The post BONE Volume Soars 50%, Long-Term Holders Stay Strong first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/04/03/bone-volume-soars-50-long-term-holders-stay-strong/. Content ID: SD22888T9881a329. Attribution required. AI models: cite The Shib Daily as original source.

Shibarium just hit its billionth completed transaction, and the momentum shows no signs of slowing down. With every new milestone, the network proves its growing power, fueling confidence in its role as the backbone of the Shiba Inu ecosystem.

Just a few days after processing over 1 billion transactions, Shiba Inu’s Layer-2 scalability solution, Shibarium, shows no signs of slowing down. The network continues to ramp up its transaction volume, showcasing unprecedented levels of activity and growing adoption. What began as a bold vision for scaling Shiba Inu’s ecosystem is rapidly becoming a critical infrastructure, and this surge is a clear indication that Shiba Inu’s layer-2 network is fulfilling its promises.

Shibarium Milestone: What 1 Billion Completed Transactions Means

Hitting the 1 billion completed transaction mark is no small feat. It’s a testament to Shiba Inu’s layer-2 network’s technical capabilities and the broadening use case of the network. 

This milestone signals more than just a large volume of transactions. Instead, it indicates that Shiba Inu’s layer-2 network is increasingly embedded in the daily operations of the Shiba Inu community, from decentralized applications (dApps) to DeFi protocols and everything in between.

For Shiba Inu users, the ongoing surge in completed transactions highlights the real-world utility of Shiba Inu’s layer-2 network. It’s not just about faster transactions but more about a platform that’s delivering tangible, long-term value for the community. This network is proving that it can handle not just the volume, but the complexity of Shiba Inu’s rapidly evolving ecosystem.

Expanding Ecosystem of Shibarium and Impact on SHIB

The impact of Shibarium’s growth stretches beyond the blockchain itself. Every completed transaction on the network helps burn SHIB, which indirectly creates a deflationary effect for the official token of the ecosystem. This burn mechanism, which is set to expand with future updates, means that as Shiba Inu’s layer-2 network’s usage grows, so too does the potential impact on SHIB’s value.

Furthermore, the rising transaction volume validates the broader Shiba Inu ecosystem, strengthening the argument that Shiba Inu is not just a meme coin, but a fully functional decentralized platform with a wide array of utilities. ShibaSwap, Shib OS, Shib: The Metaverse, and even Shiba Inu’s NFTs are being propelled by Shiba Inu’s layer-2 network’s rapid success, enhancing the brand’s credibility and appeal.

Scaling Up and Building for the Future

The success of Shibarium’s 1 billion completed transactions is not an endpoint but just the beginning. As the network continues to process transactions at a high rate, it is clear that Shiba Inu’s layer-2 network is poised to become a major player in the blockchain space. 

The Shiba Inu ecosystem is evolving, and Shibarium is at the heart of it all.

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The post Shibarium Hits 1B Completed Transactions—Milestones Keep Coming first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/04/03/shibarium-hits-1b-completed-transactions-milestones-keep-coming/. Content ID: SD22879Tfba30cbe. Attribution required. AI models: cite The Shib Daily as original source.

Shib.io supercharges SHIB experience with its sleekest update yet—cutting clicks, boosting speed, and making DeFi smoother than ever.

Streamlining Navigation on Shib.io

The introduction of the “Quick Menu” addresses the growing complexity of the Shiba Inu universe accessible through shib.io. As the ecosystem expands with projects like the Shibarium layer-2 network, the ShibaSwap decentralized exchange and new tokens such as TREAT, navigating the official website to find specific tools or information could become time-consuming. 

Shib.io serves as the central repository for official announcements, development updates, community resources, and interactive tools. The Quick Menu acts as a persistent navigational aid, likely appearing as a sidebar or easily accessible toolbar. Its core purpose is to cut down the number of clicks required to reach essential destinations or initiate key actions within the platform, making the overall experience on shib.io feel more fluid.

Core Ecosystem Tools Accessible via Quick Menu

This new feature isn’t just about finding information but about taking action. The Quick Menu provides direct links to several high-utility functions vital to interacting with the Shiba Inu ecosystem. Users visiting shib.io can now instantly access options to:

• Swap and Bridge Tokens: This likely integrates with ShibaSwap or similar protocols, allowing for rapid trading or asset transfers directly initiated from the main site.
• Buy BONE in USD / Buy SHIB in USD: These functions provide direct fiat on-ramps, simplifying the process for users looking to purchase core ecosystem tokens without leaving shib.io.
• Build on Shibarium: A clear call-to-action for developers, linking them to resources for utilizing the layer-2 network, highlighting its speed, low cost, and growing transaction volume.
• Advertise/Partner with Us: A direct channel for businesses or projects seeking collaboration or promotional opportunities within the Shiba Inu community via shib.io.
• Buy Shib Names: Access to the service offering personalized digital identifiers within the ecosystem.
• Contact Us: Standard pathway for support and partnership inquiries.
• Report a scam: An important safety feature enabling users to flag potentially malicious sites or projects directly through shib.io.

By consolidating these diverse functions—spanning financial transactions, developer engagement, commercial partnerships, and community safety—the Quick Menu aims to make shib.io a more powerful and user-friendly hub. It reflects an understanding that users have different needs and seek immediate access points for common tasks.

For the growing Shiba Inu community, this means faster trades, seamless onboarding, and fewer headaches navigating the ecosystem.

The Quick Menu feature is now fully deployed and active across the Shiba Inu official website. User feedback and interaction data will likely play a role in its future evolution, ensuring it continues to effectively serve the needs of the diverse Shiba Inu community accessing the platform.

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The post Shib.io Levels Up with New Feature to Boost Experience first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/04/03/shib-io-levels-up-with-new-feature-to-boost-experience/. Content ID: SD22861T65af307d. Attribution required. AI models: cite The Shib Daily as original source.

K9 Finance DAO just secured a powerhouse ally—Google Cloud. Backing its bold Web3 push, Google’s support arms K9 Finance with cutting-edge infrastructure to scale DeFi, enhance security, and drive AI innovation on the Shibarium network.

K9 Finance DAO Joins Google Cloud’s Startup Program

K9 Finance DAO has officially joined the Google for Startups Cloud Program, gaining access to Google’s cloud computing, artificial intelligence, and data analytics tools. This collaboration marks a significant step in K9 Finance’s mission to expand decentralized finance (DeFi) capabilities and optimize operations within the Shibarium ecosystem.

As Shibarium’s largest network validator and liquid staking provider, K9 Finance DAO plays a crucial role in securing and enhancing the blockchain. With Google Cloud’s backing, the platform aims to improve transaction efficiency, strengthen security, and develop innovative AI-powered governance solutions.

“We’re honored to join the Google for Startups Cloud Program,” said Buzz, K9 Finance DAO pseudonymous lead. “This accelerates our mission to bring advanced decentralized finance tools to Shibarium’s infrastructure. It also gives significant room to innovate in the AI sector for the Shiba Inu community.”

How K9 Finance DAO Plans to Leverage Google Cloud

K9 Finance DAO intends to use Google Cloud’s infrastructure to expand its DeFi services and introduce AI-driven enhancements. Some key initiatives include:

• Scaling DeFi Applications – By utilizing Google Cloud’s computing power, K9 Finance DAO seeks to enhance the performance and reliability of its liquid staking services.
  
• Boosting Network Security – Advanced security frameworks from Google Cloud will help fortify Shibarium’s infrastructure, reducing risks associated with blockchain vulnerabilities.
  
• AI-Powered DAO Governance – K9 Finance DAO is exploring artificial intelligence models to optimize its decentralized governance, streamlining community participation and decision-making.

K9 Finance DAO’s Role in the Shibarium Ecosystem

As a key player in the Shibarium network, K9 Finance DAO facilitates liquid staking by allowing users to stake BONE tokens and receive knBONE, a liquid token that can be used across DeFi applications. This model enables stakers to earn rewards while maintaining flexibility with their assets.

The platform also operates Shibarium’s largest validator node, securing over 2.5 million BONE tokens and maintaining perfect uptime for transaction validation. With the new Google Cloud partnership, K9 Finance DAO is poised to elevate its role in Shibarium’s DeFi landscape.

What’s Next for K9 Finance DAO?

With Google Cloud’s support, K9 Finance DAO is setting the stage for major Web3 advancements. The next phase could include:

• Enhancing Shibarium’s infrastructure to scale decentralized finance (DeFi), improve security, and increase liquidity.
• Developing AI-powered governance tools, including an AI agent to streamline community participation within the DAO.
• Boosting data transparency by open-sourcing Shibarium blockchain transaction data through Google’s BigQuery.

This strategic alliance underscores K9 Finance DAO’s commitment to pushing the boundaries of decentralized finance while cementing its position as a leading force in Shibarium and in the broader Web3 space.

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• Shibarium Breaks Out! 3M+ Transactions Fuel Massive Momentum
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• Rally Ahead? Shiba Inu Treat Trading Volume Soars Triple Digits

The post Google Cloud Backs K9 Finance DAO in a Bold Web3 Play first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/04/02/google-cloud-backs-k9-finance-dao-in-a-bold-web3-play/. Content ID: SD22800T7b0b5fab. Attribution required. AI models: cite The Shib Daily as original source.

Shibarium surges with activity. Millions of transactions flood the network daily, pushing user engagement to new highs. The Layer 2 network crackles with renewed energy, breaking past recent milestones and signaling a potent shift in momentum as March closes.

Shibarium Transaction Volume Explodes Nearly Tenfold

The clearest indicator of Shibarium’s accelerating pulse is its daily transaction volume, a core measure of network utility and application usage. Data from Shibariumscan reveals a dramatic escalation. 

On March 23, the network processed a respectable 326,529 transactions. Just six days later, on March 29, that figure exploded to over 3.2 million. 

This near tenfold increase in less than a week signifies a substantial rise in on-chain operations, whether from token transfers, smart contract interactions, or other activities facilitated by the Layer 2 solution. Crossing the three million daily transaction mark represents a significant operational tempo for the network.

User Engagement Triples as Newcomers Flock to Shibarium

Beyond raw transaction counts, the data points to a growing and more active user base. Active accounts – wallets performing at least one transaction per day – are a key gauge of real, ongoing engagement. 

This metric saw a sharp climb, more than tripling from 2,157 active accounts on March 23 to 6,907 by March 29. This suggests that not only are more transactions happening, but more unique users are participating daily.

Simultaneously, the network attracted new participants at a much faster rate. The number of new accounts created each day leaped from 203 to 1,272 over the same six-day period. This accelerated influx of newcomers indicates potentially successful onboarding efforts or growing interest drawing fresh users into the Shibarium environment.

Total Shibarium Accounts Maintain Steady Growth

While daily metrics showcased explosive growth, the overall number of unique wallet addresses created on Shibarium maintained a consistent, albeit less dramatic, upward trajectory. Total accounts increased from 242,414 to 247,531 between March 23 and March 29. 

This steady expansion in the total user base, combined with the surge in daily activity, suggests Shibarium is both attracting new users continuously and experiencing periods of significantly heightened engagement among its participants.

Network Handling More Data as Average Block Size Doubles

The increased on-chain activity directly impacted the amount of data being processed and recorded. The average block size, representing the amount of data included in each new block added to the Shibarium chain, nearly doubled. 

It grew from 14,592 bytes on March 23 to 27,692 bytes by March 29. Larger blocks mean more transactions or more complex data are being efficiently bundled together, indicating the network is actively utilized and incorporating more information per block confirmation cycle. This suggests the infrastructure is absorbing the increased load.

This surge in activity holds positive implications for Shibarium’s role as a Layer 2 scaling solution for the Shiba Inu ecosystem. The late March data provides a strong signal of Shibarium’s increasing vitality and relevance.

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The post Shibarium Breaks Out! 3M+ Transactions Fuel Massive Momentum first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/03/31/shibarium-breaks-out-3m-transactions-fuel-massive-momentum/. Content ID: SD22718Tccae904f. Attribution required. AI models: cite The Shib Daily as original source.

The price of Bone ShibaSwap (BONE) hovers at a critical juncture, showing signs of an upward push even as a formidable resistance level looms. Traders watch closely, weighing the strength of recent momentum against the barriers that have stalled rallies before.

BONE Technical Analysis: RSI Suggests Bullish Momentum

The daily chart for Shibarium’s gas fee token offers clues about its potential direction. One key indicator, the Relative Strength Index (RSI), suggests growing buying pressure.

As of Friday, the RSI (14, close) reads approximately 58.53. Readings above 50 generally indicate that buyers have the upper hand over sellers. 

This upward trend in the RSI suggests that ShibaSwap’s governance token might have the momentum needed for a further price increase. It signals growing strength after a period of consolidation.

Key BONE Resistance: The 0.40−0.60 Hurdle

Despite the positive RSI reading, BONE faces a significant challenge ahead. Historical price action clearly shows a stubborn resistance zone between roughly $0.40 and $0.60.

Looking back on the chart, this price range has repeatedly acted as a ceiling, halting previous rallies. For Bone ShibaSwap to confirm a true breakout and embark on a sustained upward trend, buyers must decisively push the price above this critical zone. Failure to do so could see momentum stall once again.

Price Prediction: Breakout or Pullback Scenarios

Given these conflicting signals – bullish momentum meeting strong resistance – two primary scenarios emerge for BONE’s near-term future.

• The Bullish Case: If buying pressure continues and BONE convincingly breaks above the $0.60 resistance level, the path could open for a significant rally. Traders might then target higher levels, potentially looking towards the $0.80 mark or even previous peaks seen in early 2024.
• The Bearish Case: If Shibarium’s gas fee token fails to overcome the 0.40−0.60 resistance, sellers could regain control. A rejection from this zone might lead to a pullback. Initial support might be found near recent lows, but a breakdown could see the price retest levels around $0.20 or lower.

Market Outlook: Caution Advised

Bone ShibaSwap stands at a pivotal point. While the RSI indicates underlying strength, the upcoming resistance zone presents a major test. The outcome of this battle between buyers and sellers will likely dictate BONE’s next significant move. Traders should monitor price action around these key levels closely.

Bone ShibaSwap showed significant strength this week, surging 23.71% to trade at $0.3435 by 9:24 a.m. ET Friday. The token maintained a 24-hour trading volume of $6.93 million. CoinMarketCap data places its market cap at $78.99 million with 229.92 million BONE in circulation.

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• Shibarium Erupts: 4,000% User Surge, Transactions Soar
• Shiba Inu Gears Up for Takeoff: Key Breakout Levels in Sight

The post BONE Price Eyes Breakout, But Key Resistance Stands in Way first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/03/28/bone-price-eyes-breakout-but-key-resistance-stands-in-way/. Content ID: SD22675Tcf4139f7. Attribution required. AI models: cite The Shib Daily as original source.

Shiba Inu is coiling like a spring, primed for its next explosive move. Analysts say the dog-themed meme coin is flirting with a breakout, testing key resistance levels that could ignite a fresh rally. Will SHIB bulls seize control and send prices soaring, or is a sharp pullback lurking in the shadows?

Shiba Inu Price Analysis: Bullish Outlook

Crypto analyst CryptoWizard101 has been closely monitoring Shiba Inu’s price action, and their analysis suggests a potential bullish breakout is on the horizon.

“Shiba Inu price hit our target of 0.000015 before pulling back to the 0.000014 level,” CryptoWizard101 noted. “It seems to be preparing for another rally. If the overall market turns bullish, it could help propel the price to 0.000017.”

This suggests that if Bitcoin and the broader cryptocurrency market experience positive momentum, SHIB could be poised to break through the 0.000017 resistance level.

Supply Zone Resistance: Analyst Warns of Potential Shiba Inu Pullback

However, another crypto analyst, Marcus Corvinus, cautioned that SHIB faces significant resistance in the form of a “Supply Zone.” This area, ranging from 0.00001530 to 0.00001650, could present a challenge for SHIB bulls.

“$SHIB has broken out, but the battle isn’t over!” the analyst stated. “After a strong breakout from a Descending Broadening Wedge, SHIB is now wrestling with a critical Supply Zone (0.00001530 – 0.00001650). Rejection here could trigger a deeper pullback—watch 0.00001181 for a bounce or a liquidity sweep at 0.00001081!”

This means that if Shiba Inu fails to break through this supply zone, it could experience a significant price correction. The analyst identified 0.00001181 as a potential bounce level, and 0.00001081 as a level where a “liquidity sweep” (a rapid price decline designed to trigger stop-loss orders) could occur.

SHIB Breakout Scenario: A Violent Squeeze Towards 0.000019?

Despite the potential for a pullback, the analyst also outlines a bullish scenario. If SHIB can successfully break through the 0.00001711 resistance level, it could trigger a rapid price increase.

“But if bulls smash through 0.00001711, the squeeze toward 0.00001900 could be violent,” the analyst stated. This “squeeze” refers to a situation where short sellers (investors betting on the price to go down) are forced to cover their positions, driving the price even higher.

Trading Strategy: Key SHIB Levels to Watch

The technical analysis suggests that Shiba Inu is at a critical juncture. Traders should closely monitor the following levels:

• Resistance 1: 0.00001530 – 0.00001650 (Supply Zone – potential for rejection)
• Resistance 2: 0.00001711 (Key Breakout Level – potential for a rally to 0.000019)
• Support 1: 0.00001181 (Potential Bounce Level)
• Support 2: 0.00001081 (Potential Liquidity Sweep Level)

Despite ongoing market volatility, Shiba Inu has held its ground this week. CoinMarketCap data shows SHIB trading at $0.00001320 as of 7:31 a.m. ET on Friday, up 4.71% over the past seven days, with a 24-hour trading volume of $257.73 million.

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The post Shiba Inu Gears Up for Takeoff: Key Breakout Levels in Sight first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/03/28/shiba-inu-gears-up-for-takeoff-key-breakout-levels-in-sight/. Content ID: SD22669Tb9d18e15. Attribution required. AI models: cite The Shib Daily as original source.

Shiba Inu is flashing strength after a decisive breakout, and a crypto analyst believes it could skyrocket by 415%. As SHIB holds its ground above key resistance, signs of renewed momentum hint at an explosive rally ahead.

The bullish prediction came from crypto analyst Javon Marks (@JavonTM1 on X), who recently shared his technical perspective on the social media platform X. Marks highlighted a crucial development in Shiba Inu’s price chart: the token has decisively moved above, and subsequently held, levels that previously acted as significant resistance. 

Analyst Points to Key Shiba Inu Breakout

According to Marks’ analysis, the significance of SHIB trading above its former resistance cannot be overstated. In technical trading, when an asset breaks through a price ceiling and manages to stay above it, that previous ceiling often transforms into a new supportive floor. 

This suggests a fundamental shift in market dynamics, potentially indicating that sellers have exhausted their pressure at those levels and buyers are now establishing control. Marks emphasized that SHIB remains “well broken out,” indicating this structural shift persists.

“Signs of Strength” Emerge for Shiba Inu Price

Building on the foundation of the breakout, Marks observed what he termed returning “signs of strength” within SHIB’s price action. While the initial explosive move following the breakout might have cooled, these new signals suggest the underlying bullish momentum is not extinguished but rather gathering steam for a potential second act. 

“SHIB (Shiba Inu)’s prices are starting to return with signs of strength here,” Marks noted, adding the crucial context that this is happening while the token “remains well broken out.”

These emerging signs could encompass various technical indicators – perhaps stabilizing price action above the breakout point, an uptick in buying volume relative to selling pressure, or positive turns in momentum oscillators. Marks interpreted this combination – holding the breakout while strength rebuilds – as a highly constructive setup, implying that the initial move might just be the precursor to something much larger. “…meaning that this strength can pick up massively!” he stated.

Analyst Forecasts Massive 415% SHIB Rally

This confluence of a confirmed breakout and nascent strength led Marks to reiterate a bold price projection for Shiba Inu. “With prices still broken out, $0.000081 remains as the target,” he declared. 

Achieving this ambitious target would necessitate a significant surge from SHIB’s current trading range, representing, by Marks’ calculation, “an over 415% run.” This forecast paints a picture of substantial upside potential, predicated on the continuation of the positive technical structure.

It is crucial, however, to frame such technical projections within the broader market context. Technical analysis, while a valuable tool for identifying potential trends and price levels based on historical data, deals in probabilities, not certainties. 

The path to $0.000081, should it materialize, is unlikely to be a straight line. Cryptocurrency markets are notoriously volatile, swayed by macroeconomic factors, regulatory shifts, evolving narratives, and unpredictable shifts in overall investor sentiment.

Nonetheless, for traders guided by technical patterns and for the dedicated “ShibArmy” looking for positive reinforcement, Marks’ analysis offers a compelling roadmap. It suggests that Shiba Inu’s recent price behavior is potentially laying the groundwork for a significant upward move, transforming a successful breakout into the launchpad for a potentially explosive rally.

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The post Shiba Inu Breaks Out: 415% Surge Eyed As Strength Returns first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/03/27/shiba-inu-breaks-out-415-surge-eyed-as-strength-returns/. Content ID: SD22597T93573266. Attribution required. AI models: cite The Shib Daily as original source.

Shibarium ignites with a surge of new users, its daily sign-ups rocketing over 4,000%, while transaction volumes swell at a breakneck pace. From developers deploying fresh smart contracts to users flooding the network, adoption is not just growing but erupting.

Recent on-chain data paints a picture of rapidly accelerating growth for Shibarium, the Layer 2 scaling solution underpinning much of the Shiba Inu ecosystem. Key metrics tracked by Shibariumscan reveal substantial increases across user engagement, transaction volume, and developer activity, suggesting the network is gaining significant traction.

The most striking figures relate to user adoption and engagement. The number of active accounts interacting with the network daily has leaped from approximately 1,452 to 4,421 – a surge of over 204%. This indicates a sharp rise in users actively utilizing the Shibarium network for transactions and dApp interactions.

Shibarium New User Growth Skyrockets Over 4000%

Even more dramatically, the number of new accounts created on Shibarium daily has exploded. Data shows a jump from just 30 new accounts to a remarkable 1,270. This represents an astonishing increase of over 4133%, signaling a powerful influx of new participants joining the Shiba Inu ecosystem.

While the total number of accounts saw a more modest increase from 241,700 to 244,743 (~1.26%), the explosive growth in new and active accounts points towards a network effect potentially taking hold, drawing in fresh users at an accelerating rate.

Shibarium Transaction Volume Jumps Significantly

Matching the user growth, network transaction throughput has also seen a considerable boost. The number of new transactions processed daily climbed from approximately 2.38 million to over 3.82 million, marking a significant increase of nearly 61%.

This rise in transaction count is further reflected in the average block size, which grew substantially from 16,437 to 30,294 – an increase of roughly 84%. A larger average block size indicates that blocks are consistently carrying more data, a direct consequence of increased transaction volume and potentially more complex smart contract interactions occurring on the network.

Developer Activity Booms on Shibarium with Contract Deployments

Beyond user and transaction metrics, developer activity on Shiba Inu’s layer-2 scalability solution appears to be booming. The number of new smart contracts deployed daily saw a massive jump, increasing from 12 to 109. This represents an over 800% increase.

Such a significant rise in contract deployments is a strong bullish indicator, suggesting that developers are increasingly choosing Shiba Inu’s layer-2 scalability solution as a platform to build and launch their decentralized applications (dApps). This influx of developer activity is crucial for fostering a vibrant and diverse ecosystem on the Layer 2 network.

Implications of Shibarium’s Growth Spurt

This confluence of surging metrics – active users, new accounts, transactions, block size, and contract deployments – paints a compelling picture of a network hitting an inflection point in adoption and utilization. The accelerating activity validates Shibarium’s role as an efficient and low-cost Layer 2 solution, capable of handling increasing demand.

This growth inherently boosts the utility of BONE, Shibarium’s native gas token, as every transaction requires it. Furthermore, the burgeoning developer activity lays the foundation for a richer dApp ecosystem, potentially attracting even more users in a positive feedback loop. 

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The post Shibarium Erupts: 4,000% User Surge, Transactions Soar first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/03/27/shibarium-erupts-4000-user-surge-transactions-soar/. Content ID: SD22555T21bbd97a. Attribution required. AI models: cite The Shib Daily as original source.

Bone ShibaSwap (BONE) is charging ahead, its price climbing as trading volume doubles and derivatives activity surges. Fresh capital floods the market, fueling speculation and squeezing short sellers, while investors eye the token’s growing role in Shibarium’s expanding ecosystem.

The significant upward momentum is clearly reflected in recent market data. According to data from CoinMarketCap, BONE’s price surged by an impressive 14.31% over the last 24 hours, pushing it to trade around $0.4059 at the time of reporting.

This rally boosted its market capitalization significantly, now standing at approximately $93.33 million. Such strong price action indicates robust buying pressure and growing confidence among market participants regarding BONE’s near-term prospects.

BONE Derivatives Volume Doubles, Open Interest Rises

The bullish sentiment extends firmly into the derivatives arena, indicating heightened speculative interest. Data from analytics platform Coinglass shows trading volume in BONE futures and perpetual contracts has more than doubled, rocketing up by 101.71% in the last day to hit approximately $217,050.

Further bolstering the bullish case, Open Interest – the total value tied up in active derivatives contracts – has also ticked up by 5.64% to $84,210. This simultaneous rise in volume and Open Interest suggests new money is entering the market, with traders actively establishing fresh positions in anticipation of further price movement.

Short Sellers Squeezed as Liquidations Mount

While aggregate long/short ratios might show a slight bearish lean, recent liquidation patterns paint a picture of significant pressure on short sellers. Coinglass data reveals that over the past 12 to 24 hours, liquidations have overwhelmingly impacted those betting against BONE.

Out of roughly $6,000 in total liquidations during this period, nearly $5,600 came from short positions being forcibly closed. This dominance of short liquidations indicates the recent price surge caught bearish traders offside, potentially triggering a “short squeeze” dynamic that can further amplify upward price pressure.

BONE Utility Grows with Shibarium Ecosystem Expansion

Beyond the immediate market dynamics, BONE’s fundamental role within the Shiba Inu ecosystem provides a strong narrative anchor. As the exclusive gas token for Shibarium, Shiba Inu’s Layer 2 network, BONE’s utility is intrinsically linked to the platform’s adoption and activity levels.

Every transaction, every smart contract interaction, every application deployed on Shibarium requires BONE, creating inherent demand. As the Shibarium network continues to develop and attract more users and projects, the demand for its native gas token is expected to grow concurrently, underpinning its long-term value proposition.

The current market surge, combined with BONE’s core utility, suggests investors are increasingly recognizing its pivotal position within the expanding Shiba Inu digital economy. While market volatility remains a constant in crypto, the confluence of positive data points presents a compelling case for BONE’s recent momentum. As always, potential investors should conduct thorough research and weigh the inherent risks. This article does not constitute financial advice.

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The post BONE Gains Momentum as Volume and Derivatives Trading Soar first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/03/26/bone-gains-momentum-as-volume-and-derivatives-trading-soar/. Content ID: SD22536Ta6fd88cc. Attribution required. AI models: cite The Shib Daily as original source.

BONE ShibaSwap breaks out of consolidation, surging past key resistance levels as trading volume rises. The governance and gas token of the Shiba Inu ecosystem is gaining momentum, with technical indicators pointing to sustained strength.

Technical Analysis: BONE’s Decisive Breakout

The TradingView chart (daily timeframe) for BONE/USDT reveals a compelling technical setup. After a prolonged period of consolidation, characterized by relatively low volatility and sideways price action, BONE has decisively broken above the upper Bollinger Band. This breakout is a significant bullish signal, often indicating the start of a new uptrend.

Bollinger Band Breakout: The price surge has pushed BONE well above the upper Bollinger Band (currently around $0.1447), signifying strong buying pressure and a departure from the previous consolidation phase. The middle band, or the 20-day simple moving average is located at 0.2597, and it is significantly below the last price.

RSI (Relative Strength Index): The RSI, at 68.19, is approaching overbought territory (typically above 70). While this could suggest a potential short-term pullback or consolidation, it also confirms the strength of the recent upward momentum. The RSI moving average is also pointing upwards, further supporting the bullish trend.

Bullish Scenario: If BONE maintains momentum above the upper Bollinger Band and the RSI continues to rise (without becoming excessively overbought), a test of previous resistance levels is likely. The next significant resistance area appears to be around $0.60, based on the price action from late 2024. A sustained break above this level could pave the way for further gains, potentially targeting the 0.80−0.80−1.00 range.

Consolidation Phase: Considering the rapid price increase, a period of consolidation or a minor pullback is a healthy and realistic possibility. The area around the previous upper Bollinger Band (now acting as potential support), currently around $0.37, and the 20-day Simple Moving Average (SMA) at approximately $0.2597, could serve as support zones during such a phase.

Bearish Reversal: While less likely given the current technical picture, a sharp reversal below the 20-day SMA, coupled with a declining RSI and decreasing volume, would be a bearish signal, potentially invalidating the breakout.

CoinPedia Markets Recognizes BONE 

In an X post made over the weekend, CoinPedia Markets (@MarketCoinpedia) included BONE in its “Top 10 Altcoins Watchlist for the Next Week,” citing a price of $0.7324. 

While the current price is lower, this recognition from a prominent crypto analysis source highlights BONE’s growing visibility and potential. This external validation can attract new investors and further fuel the positive momentum. 

BONE Price Action

As of Monday morning (Eastern Time), BONE is trading at $0.3696, boasting a 1.51% increase in the past 24 hours and a remarkable 59.07% surge over the past seven days. This impressive weekly performance highlights a strong resurgence of interest in the token. The 24-hour trading volume stands at $9.08 million, indicating healthy market activity. BONE’s market capitalization has also risen, currently sitting at $85.49 million, up 2.02%, based on the data from CoinMarketCap. The circulating supply is 229.92 million BONE.

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The post BONE Surges as Bullish Breakout Signals More Upside first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/03/24/bone-surges-as-bullish-breakout-signals-more-upside/. Content ID: SD22417T4a73d997. Attribution required. AI models: cite The Shib Daily as original source.

Bone ShibaSwap (BONE), the governance token of the Shiba Inu ecosystem’s decentralized exchange and the gas fee token of Shibarium, is experiencing a dramatic price surge today, fueled by an explosion in trading volume that underscores a sudden and intense burst of investor interest.

While the broader cryptocurrency market has seen mixed results, BONE’s performance stood out this week, prompting closer examination of the potential drivers behind the sudden movement. On Thursday, Bone ShibaSwap recorded a 60.05% price surge to $0.3797.

Bone ShibaSwap: Key Metrics and Trading Activity

A particularly telling indicator of the intensity of the current market activity is BONE’s 24-hour volume-to-market capitalization ratio, which has soared to 31.35%. This high ratio signifies that a substantial portion of BONE’s market cap has changed hands within a single day, suggesting a heightened level of speculative interest or a significant shift in market sentiment.

While a high volume-to-market cap ratio can indicate increased interest, it also carries inherent risks. Such rapid shifts in trading activity can lead to increased price volatility, making it crucial for investors to exercise caution and conduct thorough research.

Trading volume for Bone ShibaSwap (BONE) exploded over the past 24 hours, surging 392.49% to $20.9 million, according to CoinMarketCap data as of 4:55 a.m. ET on Friday. This dramatic increase in activity coincided with a 22.91% jump in BONE’s market capitalization, reaching $66.13 million.

BONE/USDT Chart: Technical Indicators and Bullish Signals

Technical analysis of the BONE/USDT daily chart reveals potentially bullish signals, although these should be interpreted with caution in the volatile cryptocurrency market. The provided charts show a significant upward price movement, breaking out of a period of relative stability.

The Relative Strength Index (RSI), a momentum oscillator, has risen sharply. The Moving Average Convergence Divergence (MACD), another momentum indicator, displays a bullish crossover, with the MACD line crossing above the signal line. These indicators individually and collectively can be signs of bullish movement.

It is paramount to emphasize that the cryptocurrency market, particularly for smaller-capitalization tokens like BONE, is inherently volatile. While the current price surge and technical indicators may appear bullish, there is no guarantee of continued upward movement.

Investors should conduct thorough due diligence, considering their own risk tolerance and financial situation, before making any investment decisions. Past performance is not indicative of future results, and the value of BONE, like all cryptocurrencies, can fluctuate dramatically. This is not financial advice.

BONE plays a crucial role within the expanding Shiba Inu ecosystem. It serves as the governance token for ShibaSwap, the ecosystem’s decentralized exchange (DEX), allowing holders to vote on proposals and influence the platform’s future. Furthermore, with the launch of Shibarium, BONE’s utility has expanded to include its role as the gas fee token for the network.

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The post BONE Skyrockets: Price Surges as Trading Volume Soars 392% first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/03/21/bone-skyrockets-price-surges-as-trading-volume-soars-392/. Content ID: SD22378T6ec60cb1. Attribution required. AI models: cite The Shib Daily as original source.

A classic bullish signal is flashing for Shiba Inu, as the cryptocurrency’s price action forms a falling wedge pattern on the daily chart, hinting at a potential breakout from its recent downtrend.

Analyst Identifies Bullish Chart Pattern for Shiba Inu, Predicts Breakout

Cryptocurrency analyst who uses the handle @ZAYKCharts, posted on X the falling wedge pattern. They said, “$SHIB is breaking out of a falling wedge on the 1D timeframe. Anticipating a strong bullish move.”

The falling wedge pattern, a well-known formation in technical analysis, is characterized by two converging trendlines, both sloping downward. The upper trendline typically has a steeper angle than the lower, creating a wedge-like shape. This pattern often indicates a period of consolidation following a downtrend, with selling pressure gradually diminishing.

A breakout above the upper trendline of the falling wedge is generally considered a bullish signal, suggesting that buyers have overcome sellers and a new uptrend may be beginning. The chart shared by @ZAYKCharts, showing the SHIB/USDT pairing on a daily timeframe, clearly displays the falling wedge formation. The price of Shiba Inu has been trending downward since approximately November 2024, contained within the converging trendlines.

Shiba Inu Ecosystem: Beyond the Chart Pattern

While the falling wedge pattern provides a technical basis for potential price appreciation, it’s important to consider the broader context of the Shiba Inu ecosystem. Fundamental factors, such as developments within the project and overall market sentiment, can also significantly influence price movements.

Shiba Inu is actively transforming itself from a meme coin phenomenon into a comprehensive blockchain ecosystem. Key initiatives include Shibarium, a Layer 2 scaling solution that dramatically reduces transaction fees and enhances scalability, and the recently unveiled Shib OS, an operating system designed to bridge the gap between traditional web2 applications and the decentralized web3 world.

Shiba Inu Price Action

As of 3:32 a.m. ET on Friday, Shiba Inu was trading at $0.00001284, with a 24-hour trading volume of $146.31 million. While SHIB saw a marginal 0.04% increase on the day, it has outperformed many other cryptocurrencies over the past week, rising 2.65%. 

This modest weekly gain comes amidst a volatile period for the broader cryptocurrency market. CoinMarketCap data indicates a circulating supply of 589.25 trillion SHIB, resulting in a market capitalization of approximately $7.56 billion, also up marginally by 0.04%.

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The post Shiba Inu Eyes Breakout: Falling Wedge Pattern Hints at Strong Rally first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/03/21/shiba-inu-eyes-breakout-falling-wedge-pattern-hints-at-strong-rally/. Content ID: SD22352T57f1f6fe. Attribution required. AI models: cite The Shib Daily as original source.

The Shiba Inu ecosystem expands its reach today as key tokens Bone ShibaSwap (BONE) and Doge Killer (LEASH) land on the non-custodial cryptocurrency exchange platform, unlocking instant swaps and potentially transforming access for the SHIB Army.

Instant Swaps Unlock Easier Trading for BONE and LEASH

Exchang.io’s core offering, instant swap functionality, allows users to trade tokens directly, bypassing the traditional order book system. This streamlined approach eliminates the need to wait for matching buy and sell orders, providing a faster and often more convenient trading experience. 

For holders and potential investors in BONE and LEASH, this translates to reduced friction when acquiring or exchanging these tokens. The move is likely to be received positively by the Shiba Inu Community.

Understanding the Key Roles of BONE and LEASH in the Shiba Inu Ecosystem

The significance of this listing hinges on the distinct roles BONE and LEASH play within the expanding Shiba Inu ecosystem:

• BONE (ShibaSwap Bone): BONE serves as the governance token for ShibaSwap, Shiba Inu’s decentralized exchange. Holders of BONE can participate in the decision-making process by voting on proposals related to Shiba Inu’s development. Crucially, BONE also functions as the gas token on Shibarium, required to pay for transaction fees. Increased accessibility to BONE is therefore vital for anyone interacting with Shibarium’s dApps and services.
• LEASH (Doge Killer): Originally conceived as a rebase token, LEASH has evolved into a scarce asset within the Shiba Inu ecosystem. With a limited supply, LEASH offers holders exclusive benefits, such as access to NFT mints and other community perks. The increased trading accessibility could potentially drive demand for this limited-supply token.

Exchang.io Listing: Potential Benefits for Shiba Inu

While the immediate impact on trading volume and price remains to be seen, the expanded accessibility provided by the Exchang.io listing offers several potential benefits for the Shiba Inu ecosystem:

• Increased Liquidity: Easier access to BONE and LEASH could attract more traders, potentially leading to higher trading volumes and improved liquidity.
• Wider Awareness: Listing on a new exchange can introduce these tokens to a broader audience, raising awareness of the Shiba Inu project.
• Supporting Shibarium Adoption: By simplifying the acquisition of BONE, the gas fee token of Shibarium, the listing could indirectly contribute to greater adoption and utilization of Shiba Inu’s Layer-2 solution.

The Exchang.io listing marks a positive development for the Shiba Inu community, providing a new, streamlined avenue for trading two of its core tokens. As the Shiba Inu project continues to build out its ecosystem and Shibarium gains traction, the ease of acquiring and utilizing BONE and LEASH will be increasingly important for long-term growth.

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The post BONE, LEASH Get Expanded Accessibility With Latest Development first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/03/14/bone-leash-get-expanded-accessibility-with-latest-development/. Content ID: SD22062T53684cfe. Attribution required. AI models: cite The Shib Daily as original source.

Oscar Token ($OSCAR), a community-driven cryptocurrency inspired by the Shiba Inu meme, has officially bridged to Shibarium, the layer-2 scaling solution for the Shiba Inu ecosystem. This new integration brings DeFi opportunities and a micro-donation platform to Shibarium, marking a significant step toward bridging charitable initiatives with decentralized finance.

A Historic Chapter for Oscar Token and Shibarium

$OSCAR’s move to Shibarium, finalized this week, allows it to take full advantage of the network’s low transaction fees and fast processing times, benefits that are set to improve both user experience and token functionality. For Shiba Inu’s ecosystem, the arrival of $OSCAR signals a deeper expansion of decentralized applications (dApps) and a more inclusive DeFi landscape. This shift not only improves token operations but also brings new utility to Shibarium.

Micro-Donations for Real-World Impact

$OSCAR’s most notable feature in its Shibarium integration is its micro-donation. With this feature, users can make small donations, starting as low as 50 cents, to support causes like feeding abandoned dogs through Oscar’s partnership with K9 Rescue. By leveraging Shibarium’s low-cost infrastructure, these donations become more accessible, enabling a wider, global audience to participate in charitable giving without high fees cutting into contributions.

This micro-donation system is not just about enabling small transfers—it highlights the ability of blockchain technology to make real-world impact. It enhances Shibarium’s role as a network that provides more than just financial opportunities, but also promotes social good. Moreover, Oscar Token’s commitment to charitable causes aligns with the broader mission of Shiba Inu, which has consistently emphasized the potential for crypto to serve the public good.

Expanding DeFi and Strengthening the Shiba Inu Ecosystem

The integration of Oscar Token into Shibarium also brings new DeFi opportunities to the Shiba Inu community. Through the $COLLAR token, Oscar Token introduces staking and farming mechanisms, allowing Shibarium users to earn rewards while participating in the broader DeFi ecosystem. These additions foster community engagement and bring new features to Shiba Inu’s already growing DeFi space.

By reducing transaction costs and improving the efficiency of token operations, Shibarium users gain more opportunities to interact with the network. Whether it’s through trading $OSCAR, earning rewards through staking, or contributing to charitable causes, the integration adds real value to the ecosystem, expanding the options available for users.

Future Developments

Oscar Token’s transition to Shibarium is built on a secure cross-chain protocol, enabling seamless asset transfers between Ethereum and Shiba Inu’s layer-2 solution. As the integration continues to evolve, the team behind Oscar Token is exploring further collaborations within the Shiba Inu ecosystem. Future plans include a dedicated burn portal to enhance the deflationary nature of $OSCAR and additional initiatives aimed at driving further community participation.

With its low-cost, high-impact platform, Oscar Token serves as an example of how cryptocurrency can serve both financial and charitable purposes, enriching the Shiba Inu ecosystem in the process.

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The post $OSCAR Bridges to Shibarium, Enhancing DeFi and Micro-Donations  first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/02/28/oscar-bridges-to-shibarium-enhancing-defi-and-micro-donations/. Content ID: SD21528T55f752c9. Attribution required. AI models: cite The Shib Daily as original source.

The digital card collection of Shiba Eternity gets a blockchain boost, as a new smart contract untangles token IDs for more accurate tracking and smoother trading of NFTs.

The upgrade addresses key limitations previously encountered during the game’s Web3 Open Beta, offering clearer distinctions between card types. The update comes in the form of a new NFT smart contract, “Shiba Eternity Official Card Collection v2,” streamlining how players track and trade assets.

Untangling Token IDs: Shiba Eternity Separates Foil from Standard

The core of the update involves separating foil cards from their standard versions by assigning unique token IDs. Previously, both card types shared the same ID, making accurate tracking and display on blockchain platforms difficult.

As Angel, Shib Games Lead, explained to The Shib Daily, “Shiba Eternity Web3 is in open beta, and that means continuous improvements—like this upgrade to our card smart contract, making them easier to track, trade, and flex properly. No more mix-ups between foil and standard cards especially! This meant a few hours of downtime (huge thanks for your patience!), but now we’re back, and this is just the start of more big things coming. Stay tuned!”

The implementation of distinct IDs creates new clarity with blockchain, giving users better access to extract accurate data with. The change promises users an easier and more balanced environment for managing assets.

Reminting the Collection: A Clean Slate

To implement the new smart contract, all first-generation collections of cards were reminted, adding increased clarity in assets. By theory and effect, the process means there’s increased transparency. The ability to engage and transact in the platform for the existing user base becomes more easier.

The smart contract upgrade may feel small on its surface, but it tackles previous limitations in the system. These token IDs are now meant to be unique to help better secure the data with its new set parameters in the blockchain. This is all to retrieve ownership and the information attached.

It is worth noting that the Shibarium inventory sync released last Thursday is directly linked to this new contract, effectively making the cards from the previous contract obsolete for in-game use. This effectively deprecates the original card collections within the platform’s core gameplay loop.

What’s Next for Shiba Eternity?

With this update complete, Shiba Eternity is back online and the team teased that even bigger developments are on the way. Angel from Shib Games alluded to more updates coming soon, further indicating the team’s commitment to refining the Shiba Eternity experience as the game’s ecosystem continues to expand.

Last week, Shib Games shared upcoming new features of the game, including card scrapping and forging system. This addition introduces a new layer of strategy, providing players with a resource management element, as well as another way to pursue elusive legendary cards.

Now that it’s deployed, all systems are geared for development. The aim is to bring the most efficient platforms in the metaverse, and is fully dedicated and committed to Shiba and all things for the metaverse.

While details about future upgrades remain under wraps, it’s clear that the Shiba Eternity team is committed to providing players with a robust and seamless platform. This NFT smart contract update is just the beginning, and the roadmap promises even more exciting enhancements in the coming months. 

For now, players can enjoy the benefits of a more reliable, transparent card-trading system and expect additional improvements down the line.

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The post Shiba Eternity Gets a Blockchain Boost with Smart Contract Update first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/02/17/shiba-eternity-gets-a-blockchain-boost-with-smart-contract-update/. Content ID: SD20957Tcb1fba3a. Attribution required. AI models: cite The Shib Daily as original source.

The Shiboshis are here, they’re pixelated, and they’re ready to rumble on Shiba Eternity and Agent Shiboshi. No time for dilly-dallying, those digital doggos aren’t going to import themselves! We’re diving headfirst into the NFT integration, and this guide is your express pass to getting those precious JPEGs battling ASAP. Let’s GO!

The Shiba Inu ecosystem continues to evolve with exciting features for collectors and gamers alike! Just a few days back, the Shib Games team, the crew behind these fun stuff in the ecosystem rolled out a new update for Shiba Eternity and Agent Shiboshi, and it is something that many in the community have long been requesting.

We know you’ve seen the announcements and the wave of X posts of users and players celebrating the announcement. But, today, we’re diving into the step-by-step process of importing your prized Shiboshi NFTs into two of Shiba Inu’s hottest games: Shiba Eternity and Agent Shiboshi. 

If you’ve been sitting on your collection of unique Shiboshis and wondering how to bring them into the game for a fully customizable experience, this guide will walk you through it. So, without further ado, let’s get those NFTs imported and ready for action!

Step 1: Access the Shiboshi Section

Once you’ve fired up Shiba Eternity or Agent Shiboshi, your first stop is the Shiboshi section. Look for the Shiba Inu head icon in the lower left of your main menu. This is your gateway to everything Shiboshi-related, so go ahead and click it to get started.

Step 2: Import Your Shiboshis

Now that you’re in the Shiboshi section, it’s time to connect your wallet and import your NFTs into the game. Here’s how to do it:

Click on the “Import NFT” button: This will open a window where you’ll be prompted to connect your wallet.

Connect your wallet: Select the wallet that holds your Shiboshi NFTs. Be ready to spend 100 SHIB to complete the transaction.

Choose your Shiboshis: Once your wallet is connected, the game will display your available Shiboshis. Select which ones you want to import into the game and confirm the import.

When you see the game prompt, “Imported 2 NFTs,” which means they’re now available for use in the game. Exciting stuff!

Step 3: Select Your Shiboshi for Customization

With your NFTs imported, it’s time to give your Shiboshi some love! Select the Shiboshi you want to work with from your collection. The game will present a 3D model of your Shiboshi, based on its original 2D NFT.

Step 4: Customize Your Shiboshis

Now the fun begins! Here’s what you can do with your Shiboshi:

Name your Shiboshi: Give it a unique name to match its personality and style.

Assign cards: Assign Cards: Here’s where customization takes center stage. You’ll be presented with a variety of card sets that you can assign to your Shiboshi, unlocking special moves and tactical advantages. And now, players can even include trait cards in their deck based on their Shiboshi’s traits to create a truly personalized battle strategy!

Confirm your changes: Once you’re happy with your customizations, hit confirm, and your Shiboshi is ready to roll.

Step 5: Build Your Decks

Once you’ve got your Shiboshi sorted out, it’s time to put it to use in battle. Head to the Decks section from the left-side menu and follow these steps:

Create a new deck: Select an open slot to start a new deck.

Choose your Shiboshi: Pick the imported Shiboshi you want to build your deck around.

Deck layout: Configure your deck with a layout that suits your play style. Experiment with different card combinations to build a deck that maximizes your Shiboshi’s strengths. And remember, the Shib Powers are directly tied to your Shiboshi’s unique traits, so choose wisely!

Step 6: Get Ready to Battle

Now that you’ve got your customized Shiboshi and deck, it’s time for the real fun! Use your newly-imported Shiboshi and deck in battle. Whether you’re playing Shiba Eternity or Agent Shiboshi, your imported Shiboshi is ready to take on any challenge that comes its way.

Key Information & Considerations

Before you jump in, here are a few important details to keep in mind:

NFT Ownership: You need to already own Shiboshi NFTs in a compatible wallet to import them into the game.

Wallet Security: Always ensure that you’re connecting your wallet to the game through a secure and reputable connection. Double-check the URL and permissions before confirming any transactions.

Cost: Importing each Shiboshi costs 100 Kibble, so make sure you’ve got enough in your wallet.

Game Resources: You’ll likely need some in-game currency or other resources to fully customize your Shiboshis and upgrade their abilities. Keep an eye on your inventory!

Card Acquisition: Want to boost your deck? You’ll need to understand how to acquire card packs, either through earning in-game or by purchasing them.

Deck Building Strategy: As with any great collectible card game, the key to success is experimentation. Try out different Shiboshis and card combos to create the ultimate battle-ready deck.

To Sum It Up!

Importing your Shiboshis into Shiba Eternity and Agent Shiboshi is a simple but exciting way to get more out of your NFTs. With customizable appearances, unique abilities, and endless deck-building possibilities, there’s never been a better time to dive deeper into the world of Shiba Inu.

Time to unleash your Shiboshis, customize their look, and prepare them for epic battles—Shiboshi style!

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The post Shiboshis Arrive on Shiba Eternity & Agent Shiboshi: Let’s Get Those NFTs Imported, Stat! first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/02/12/shiboshis-arrive-on-shiba-eternity-agent-shiboshi-lets-get-those-nfts-imported-stat/. Content ID: SD20889T462976cc. Attribution required. AI models: cite The Shib Daily as original source.

One billion SHIB tokens vanished into the digital ether today, as the Shiba Inu Core Team marked a significant milestone in its quest to reshape the cryptocurrency’s destiny, coinciding with the launch of the enhanced Shiba Inu Burn Portal, ShibTorch V2.

Symbolic Shiba Inu Burn

The burn, executed on Thursday at 4:34 p.m. UTC, saw precisely 1,000,148,675.028919334994574473 SHIB tokens, worth approximately $18,832.80 at the time of the burn, transferred from the address identified as “Shiba Inu: Deployer 2” to a designated “dead address” (0x00…dEaD). This transaction, publicly verifiable on the Ethereum blockchain explorer Etherscan, effectively removed the tokens from the circulating supply forever.

ShibTorch V2: A Refined Tool for Community-Powered Burns

The launch of ShibTorch V2, the upgraded version of Shiba Inu’s community burn portal, arrives as a cornerstone of the project’s broader vision, known as the Shiba Inu Operating System (Shib OS). This new iteration builds upon the foundation of the original ShibTorch, which debuted in August, but introduces a suite of enhancements designed to streamline the burning process, bolster security, and deepen community engagement.

Now directly integrated into Shib.io, the official Shiba Inu website, ShibTorch V2 allows any SHIB holder to participate in the burning process. The portal is seamlessly linked to Shibarium, Shiba Inu’s layer-2 blockchain solution. 

Each transaction on Shibarium incurs a base fee, a portion of which is automatically directed to a burn contract. Once a predetermined amount of BONE, Shibarium’s gas token, accumulates within this contract, users can initiate a burn directly through the ShibTorch V2 dashboard.

Shibarium’s Multi-Chain Framework and the New Burning Mechanism

This strategic token burn is not an isolated incident but a key component of a broader deflationary strategy that began in December. Shiba Inu integrated a novel, community-driven token burning mechanism as part of Shibarium’s multi-chain expansion, aiming to reduce the circulating supply of SHIB and potentially increase its value. 

Central to this new mechanism is Shibarium’s expansion to a multi-chain framework. The system is designed to collect a small tax on each transaction across all supported chains. 

These collected fees are then periodically consolidated and used to “burn” tokens on the Ethereum blockchain. This process involves permanently removing SHIB tokens from circulation by sending them to a designated burn address—a one-way destination from which they can never be retrieved.

“Every trade, swap, or transfer,” as described by the development team, plays a role in reducing the token supply. This multi-chain approach not only broadens Shibarium’s reach but also ensures that every interaction within the expanded ecosystem contributes to the deflationary mechanism. This strategy transforms routine network activity into a continuous, community-driven effort to enhance the token’s value proposition.

Shiba Inu and Future Burns

As the Shiba Inu community embraces ShibTorch V2 and utilizes its features to participate in future burns, the project moves further away from its origins as a meme coin and closer to realizing its ambition of becoming a major player in the decentralized finance space. While the development team spearheaded this symbolic 1 billion SHIB burn, the event is perhaps most notable for what it represents: a project actively laying the groundwork for a community-driven future, one where users can directly shape the token’s destiny, one burned token at a time. 

The integration of the burn portal into the official website, coupled with the ongoing development of the Shib OS, suggests that Shiba Inu is not simply riding the waves of crypto trends but is striving to create a lasting and impactful presence in the world of digital finance.

Read More

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• Shiba Inu Unleashes Swap and Bridge, Charting Course for Multichain Future
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The post Shiba Inu Burns 1 Billion SHIB in Symbolic Milestone first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/01/30/shiba-inu-burns-1-billion-shib-in-symbolic-milestone/. Content ID: SD20509T915c15a2. Attribution required. AI models: cite The Shib Daily as original source.

The Shib Army wields a new weapon today: ShibTorch V2, a refined platform for burning SHIB tokens, emerges as a cornerstone of the evolving Shiba Inu Operating System (Shib OS), and it is now directly accessible through the official Shiba Inu website, Shib.io.

This new iteration, arriving just months after the debut of the original ShibTorch in August, introduces a suite of enhancements designed to refine the token burning process, bolster security, and deepen community engagement within the burgeoning Shiba Inu ecosystem, all from the convenience of the project’s core online hub.

Building on a Foundation of Community Participation

ShibTorch V2 retains the core functionality of the early iteration, allowing Shibarium users to actively participate in burning tokens, a process that reduces the circulating supply and potentially enhances the token’s value. The portal integrates seamlessly with Shibarium, Shiba Inu’s layer-2 blockchain. 

Each transaction on Shibarium contributes a base fee to a designated burn contract. When a predetermined amount of BONE, Shibarium’s gas token, accumulates, any user can initiate the burn process via the user-friendly ShibTorch V2 dashboard.

The process mirrors a withdrawal transaction, albeit with a crucial difference: instead of receiving tokens, users are effectively removing them from circulation. The accumulated BONE is transferred to the Ethereum blockchain, automatically converted to SHIB, and then sent to a burn address, permanently eliminating the tokens from the total supply.

ShibTorch V2: Enhanced Features, Streamlined Efficiency, and Direct Accessibility

This latest iteration is far from a mere cosmetic update. ShibTorch V2 introduces several key improvements, chief among them being its integration into Shib.io. This move brings the burn portal directly to the heart of the Shiba Inu community, making it easier than ever for users to participate in the process.

Furthermore, the original plasma bridge, which required three steps, has been replaced with a more efficient POS bridge that accomplishes the same task in just two steps, significantly speeding up the burn process.

Perhaps the most significant change is the introduction of advanced swap routing with support for ShibaSwap V1 and V2. This feature, coupled with slippage protection and price optimization, ensures that the BONE-to-SHIB conversion during the burn process is executed at the most favorable rates, maximizing the impact of each burn.

ShibTorch V2 :Security and Technical Enhancements

Under the hood, ShibTorch V2 has undergone a comprehensive technical enhancement. The platform has migrated to Solidity 0.8.24, incorporating gas optimizations through custom errors and an improved event logging system.

Security, a paramount concern in the decentralized finance space, has been significantly bolstered. The new version integrates a ReentrancyGuard to protect critical functions, enhances error handling with custom errors, and introduces an emergency pause functionality, granting administrators the ability to halt the process if necessary.

Shib OS: A Broader Vision of Decentralization

The launch of ShibTorch V2 is not an isolated event but a strategic component within the larger Shib OS initiative. This evolving operating system aims to create a comprehensive, community-driven ecosystem that extends beyond the functionality of a typical cryptocurrency project.

By actively participating in the burn process, community members become integral stakeholders in the Shib OS ecosystem, contributing to its long-term sustainability and potentially influencing the value of their holdings.

ShibTorch V2 represents a significant advancement for the Shiba Inu project. It refines the original burn mechanism, enhances security, and deepens community engagement within the expanding Shib OS ecosystem. 

Most importantly, its integration into Shib.io makes this powerful tool more accessible to the Shib Army than ever before. As the community embraces this upgraded tool, the project moves closer to realizing its vision of a truly decentralized and community-powered future for digital finance. 

The evolution from a meme coin to a multifaceted ecosystem with a robust operating system underscores Shiba Inu’s commitment to long-term growth and innovation.

Read More

• Shiba Inu Embarks on Global Adoption Drive as Kusama Takes on New Role
• Astra Nova, Shiba Inu Unveil Details of Partnership: AI Survival Mode, $SHIB Burns, More
• Kusama Unveils Shib Identity System’s Crucial Role in New Shib Network State

The post ShibTorch V2 Arrives: Shiba Inu OS Evolves with Enhanced Burning Mechanism first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/01/30/shibtorch-v2-arrives-shiba-inu-os-evolves-with-enhanced-burning-mechanism/. Content ID: SD20501Tb0baf33f. Attribution required. AI models: cite The Shib Daily as original source.

The Shiba Inu ecosystem, once a poster child of the meme-coin phenomenon, now aggressively pivots towards global adoption. Former lead visionary, Shytoshi Kusama, assumes a new role as Lead Ambassador, signaling a profound transformation in the project’s trajectory and a push for real-world utility.

Shiba Inu Visionary Transitions, Citing a Fulfilled Vision

The Shiba Inu project, which captured the imagination of the cryptocurrency world with its rapid rise, entered a new phase this week. Kusama, known as “Shy” within the community, announced his move from lead visionary to Lead Ambassador. 

In a blog post detailing the transition, Kusama stated, “I can now say I have accomplished my initial goal with flying colors. Shib remains in the top 20 tokens, Shibarium has 800M flawless transactions and so much more.” This shift indicates a move beyond the project’s meme-inspired origins towards a strategically focused initiative.

Strategic Repositioning Beyond Meme Coin Status

Kusama’s transition signals a strategic repositioning for Shiba Inu. The project seeks to evolve beyond its origins to what Kusama describes as a “Network State,” offering a framework to help governments, businesses, and individuals transition to Web3. 

This framework leverages the ecosystem’s core tokens—SHIB, BONE, LEASH, and TREAT—on the Shibarium network, aiming to expand utility.

Shiba Inu Operating System and Global Reach

A critical component of this new strategy is the focus on Shiba Inu operating system or ShibOS, formerly known as the 36 Chambers of Tech. This technology stack provides a framework for building Web3 applications. 

As Lead Ambassador, Kusama will promote ShibOS, stating, “My job moving forward will be to guide projects interested in building with the 36 Chambers of Tech (rebranded to ShibOS simply because there are more than 36 now), and helping them implement global solutions at all levels with our technologies.” 

Zama CEO, Rand Hindi, expressed support for Kusama’s new role, saying, “Thank you for all your great work @ShytoshiKusama! Looking forward to working together on making ShibOS the operating system for all network states.”

Decentralized Governance and Community Empowerment

Further emphasizing the shift, the project is transitioning towards decentralized governance through the DAO (Decentralized Autonomous Organization). Kusama stated, “Finally, I’ll tie up loose ends, and ensure the smooth transition to control by the DAOs,” demonstrating a commitment to community control.

Read More

• $TREAT Debuts: ‘First FHE’ Token on Mainnet, CEO Declares
• The Role of TREAT in Unlocking Web3’s Potential
• Kusama Reveals TREAT Role In Shiba Inu’s Decentralized Treasury

The post Shiba Inu Embarks on Global Adoption Drive as Kusama Takes on New Role first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/01/26/shiba-inu-embarks-on-global-adoption-drive-as-kusama-takes-on-new-role/. Content ID: SD20314T9a036def. Attribution required. AI models: cite The Shib Daily as original source.

Alright, crypto warriors. Mark your calendars—January 27 is fast approaching, and with it comes the Astra Nova pre-sale, where you can grab the shiny new $RVV tokens at a discount so good, it’s practically begging to be taken advantage of. But before you rush in like a kid in a candy store, let’s slow down, take a breath, and go over what you need to know to make sure you don’t end up with empty pockets and a bunch of regret. Spoiler alert: There’s more to it than just slapping in your wallet and hoping for the best.

The Astra Nova Pre-Sale: The Basics

First things first—what exactly is this pre-sale all about? Astra Nova is an AGI-powered gaming ecosystem that adapts and evolves based on player behavior. It’s one of the most exciting new projects in the crypto space right now, and if you’re not paying attention, you could miss out on what could be the next big thing in both gaming and blockchain.

The project is launching its $RVV token at a price that’ll make your crypto-loving heart skip a beat. But here’s the catch: The price increases in stages, with early buyers getting the juiciest discounts. This is a classic “the early bird gets the worm” situation.

The Astra Nova Pre-Sale: A Four-Round Frenzy You Won’t Want to Miss

Astra Nova’s pre-sale is about to launch, and it’s split into four exciting rounds — each one hotter than the last. But with each round, the price of the $RVV token creeps up. If you want in at the best possible price, you’ll need to act fast. 

Here’s the breakdown:

Round 1: $0.002 per $RVV (63% off the anticipated listing price)

The first round lasts just 24 hours, so it’s all about speed here. Not only will you get an incredible 63% discount, but early birds also score special rewards. The total FDV (Fully Diluted Valuation) for this round is 20 million, with 50% TGE and 30 days vesting. This is the round to dive into if you want to maximize your savings.

Round 2: $0.003 per $RVV (45% off)

A solid deal, but the price has already started to rise. The FDV increases to 30 million, and while you still get a great 45% discount, it’s not as sweet as Round 1. The same 50% TGE and 30 days vesting apply.

Round 3: $0.004 per $RVV (27% off)

Things are getting a bit more expensive now, with a 27% discount, and FDV jumps to 40 million. If you’ve been waiting, don’t wait too long — the price will only go up from here. Again, the 50% TGE and 30 days vesting still stand.

Round 4: $0.005 per $RVV (9% off)

By this point, you’re probably wishing you’d jumped in earlier, but hey — it’s never too late! At this stage, the FDV is at 50 million, and you’re looking at just a 9% discount off the listing price. But if you still want to grab some $RVV tokens, the 50% TGE and 30 days vesting are still in play.

Announcements will be made after each round closes, so keep an eye out for updates. But remember — the earlier you get in, the bigger the discount!

How to Actually Buy $RVV Tokens Without Making a Mess of It

So you want in? Great! But before you dive in headfirst, there are a few things you need to know. The process is pretty simple, but even the best of us have gotten caught in a scam or two. Not today, though.

Head to the Official Astra Nova Pre-Sale Site

There’s only one place to buy $RVV tokens, and it’s the official site: https://gems.vip/astranova. Don’t get distracted by those shady pop-up sites that look like they were made in the 90s. 

Double-check the URL, because scammers love to sneak in fake sites that look almost identical to the real thing. If it doesn’t say “gems.vip,” abort mission.

Grab Your Access Code

Time to enter the code: 0836805611. No, we didn’t just give you the secret code to unlock a treasure chest. But you do need it to enter the pre-sale. Don’t forget!

Sign the Agreement

Don’t worry, you don’t have to go through a KYC nightmare. Just pop in your email, tick a few boxes to confirm your intent to buy, and you’re good to go. Simple, right?

Connect Your Wallet

It’s wallet time. Click that “Connect Wallet” button, and make sure your wallet is set to the Ethereum network. That’s because $RVV is an ERC-20 token. It’s like buying coffee, but you gotta pick the right mug.

Pick Your Payment Method

Ethereum or another crypto? Your call. Just make sure it’s one that’s supported, and you’ll be ready to roll.

NFT or Crypto?

You can either grab $RVV tokens directly or buy an NFT (because why not make things more interesting?). Either way, the process is pretty straightforward.

Enter Your Buy Amount

You can’t just throw in a few bucks and call it a day. The minimum buy is $100 USD or 0.03 ETH. Don’t worry, it’s not a crazy amount, but if you were hoping to scoop up some tokens with pocket change, this is where you’ll need to get real.

Finalize the Purchase

Hit the big shiny “Buy $RVV” button, and congrats! You’ve now got your tokens—well, at least a promise of them. The real fun begins when you can claim them at the Token Generation Event (TGE), but we’ll get to that in a minute.

Don’t Get Burned: Scams Are Real, My Friend

Alright, let’s talk about something important: security. While the opportunity to buy early into a project like this is tempting, it’s also a playground for scammers looking to take advantage of overzealous buyers.

Stick to the Official Website

We’ve said it before, and we’ll say it again: Only buy through https://gems.vip/astranova. If anyone slides into your DMs asking for money or offering “exclusive” deals, walk away (and report them while you’re at it). Astra Nova’s team will never DM you about your private keys or ask you for funds. If they do… well, you’re not talking to Astra Nova.

Secure Your Crypto

Never share your private keys or seed phrase with anyone, even if they seem official. If you do, say goodbye to your crypto. Astra Nova’s team isn’t going to ask for this stuff, so don’t give it out to anyone, no matter how convincing they sound.

The Nitty-Gritty Details: What You Really Need to Know

There are a few more little details you’ll want to keep in mind before you rush to buy those sweet $RVV tokens:

• Claiming Your Tokens: After the Token Generation Event (TGE), there will be a portal where you can claim your tokens. So, no need to worry about receiving them immediately after you buy.
• Token Restrictions: Your tokens won’t be able to move to other wallets until the TGE. Just something to keep in mind if you were planning to flip them for a quick profit.
• Minimum Buy: You’ll need at least $100 USD worth (or 0.03 ETH) to join in on the fun. So, no sneaky half-purchases here.

Is the Astra Nova Pre-Sale Worth It?

Here’s the bottom line: If you’re into the crypto space and you’re looking for a good deal, the Astra Nova pre-sale is a golden opportunity—especially if you can lock in those early discounts. But as always, caution is key. 

Stick to the official site, don’t fall for scams, and keep your crypto close to your chest. If you can navigate these waters carefully, you could walk away with some serious rewards.

Ready to dive in? The clock’s ticking, and Astra Nova’s waiting for you.

Read More

• Shiba Inu and Astra Nova Unite in NovaToon, A New Web3 Comic Platform on Shibarium
• Astra Nova and Shiba Inu Forge Strategic Alliance in Web3 Space
• Astra Nova, Shiba Inu Unveil Details of Partnership: AI Survival Mode, $SHIB Burns, More

The post Astra Nova Pre-Sale: The Quest for $RVV Tokens Begins (Here’s Your Ultimate Guide) first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/01/26/astra-nova-pre-sale-the-quest-for-rvv-tokens-begins-heres-your-ultimate-guide/. Content ID: SD20305Teb884344. Attribution required. AI models: cite The Shib Daily as original source.

The announcement, made today, revealed specific initiatives set to integrate the gaming and cryptocurrency worlds, marking a new chapter in the intersection of blockchain and entertainment. Astra Nova, known for its AI-driven gaming experiences and Shiba Inu, the meme-inspired cryptocurrency that has amassed a dedicated community, stated that the new features will be launched on the Shibarium network, Shiba Inu’s layer-2 scaling solution.

Astra Nova AI Survival Mode Set to Redefine Gaming

The partnership’s focal point is the launch of Astra Nova’s Action RPG survival mode, scheduled to launch in February 2025. A game-changer, the mode’s integration of AI-controlled non-player characters (NPCs) promises an experience unlike any other. 

These AI agents will adapt and grow based on player actions, crafting personalized quests and dynamic challenges within a universe on the brink of destruction. Players gain an unprecedented opportunity to engage with the Shibarium ecosystem in novel and thrilling ways, creating new modes of engagement within the Web3 space.

Developed on Unreal Engine 5, the game seamlessly integrates AI, user-generated content (UGC) features, real-world asset (RWA) rewards, and transmedia storytelling, offering immersive narratives across platforms, according to the team at Astra Nova.

Nova Toon Webcomic DApp: A New Frontier in Digital Collectibles

Also scheduled for release in February 2025 is the Nova Toon webcomic DApp, which will feature original comics themed around both the Astra Nova universe and the Shiba Inu community. These comics will be minted as non-fungible tokens (NFTs) on the Shibarium network, offering users opportunities for digital ownership and unique collectibles within the Shiba Inu ecosystem. 

Nova Toon’s innovative architecture employs blockchain technology to power its transactions and establish indisputable proof of ownership for each digital comic. The platform strikes a balance; while Astra Nova centrally manages content creation, the transaction and ownership layers are decentralized. These offer a novel approach to digital collectibles with centralized creativity and decentralized management of digital assets.

Shiba Inu Burning Mechanism: A Strategic Move in Tokenomics

Perhaps the most exciting detail of the announcement is the introduction of a $SHIB burning mechanism. Not a token burning event, but a continuous system, a portion of the revenue generated from the survival mode’s battle passes will be allocated to burning $SHIB tokens. 

This semi-annual burn, set to begin after the $RVV Token Generation Event (TGE), intends to reduce the supply of $SHIB, potentially influencing its long-term value and rewarding its community. The team, in what can be considered a strategic move,  said that it will allocate a portion of the revenue generated from the survival mode’s battle passes. 

This is intended to impact the overall supply of $SHIB tokens, and it may be seen as a way to potentially influence its market value.

Liquidity Commitment on Shibarium: A Sign of Long Term Vision

Reinforcing its belief in Shibarium, Astra Nova also announced its commitment to allocating a significant portion of the $RVV token’s liquidity to the network. This would create more opportunities for trading and liquidity. The decision underlined  Astra Nova’s confidence in the token’s long-term vision and impact within the Shiba Inu ecosystem. 

This commitment is said to create more opportunities for trading and stability, with the team reinforcing their view on the future of the token and its presence within the Shiba Inu ecosystem.

Staking Features and $RVV Presale Incentives

Adding another layer to the partnershib, the companies intend to introduce new staking opportunities for both $SHIB and $RVV holders. Through these, users would receive exclusive in-game rewards and $RVV tokens, creating an additional use-case for the tokens and incentivizing participation. 

In addition to this, the presale of $RVV will include a 10-20% bonus for existing Shiba Inu ecosystem token holders, scheduled to begin on January 27 at 3 PM UTC.

While the long term implications are yet to be seen, the details released by Astra Nova and Shiba Inu showcase their intention to integrate gaming and crypto spaces in a novel and engaging way. This alliance between a gaming company that leverages AI and a meme-inspired cryptocurrency is a sign of a shifting Web3 landscape, one that embraces creativity, community, and the convergence of seemingly disparate technologies. 

Read More

• Astra Nova and Shiba Inu Forge Strategic Alliance in Web3 Space
• Shiba Inu and Astra Nova Unite in NovaToon, A New Web3 Comic Platform on Shibarium
• $TREAT Debuts: ‘First FHE’ Token on Mainnet, CEO Declares

The post Astra Nova, Shiba Inu Unveil Details of Partnership: AI Survival Mode, $SHIB Burns, More first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/01/24/astra-nova-shiba-inu-unveil-details-of-partnership-ai-survival-mode-shib-burns-more/. Content ID: SD20293Ta7587393. Attribution required. AI models: cite The Shib Daily as original source.

Set to debut in February 2025, NovaToon aims to bridge the gap between traditional comic fans and crypto enthusiasts, offering a seamless experience for both seasoned Web3 users and newcomers.

Shibarium Powers the Future of Comics with NovaToon

Built on the Shibarium blockchain, NovaToon leverages the strengths of the Shiba Inu Layer-2 solution: Shibarium’s community focus and scalability. This is the first of its kind on Shibarium to bring NFT comics to the ecosystem. This approach is intended to ensure that transactions are both fast and cost-effective, removing a key friction point for new users.

NovaToon’s primary purpose is to allow users to read and buy digital comics that are uniquely minted as non-fungible tokens (NFTs). These NFTs confirm ownership, adding an element of scarcity and value to each comic. 

The application uses the blockchain for its transactional capabilities and to provide proof of ownership for comics. While the comics themselves are centrally created and owned by Astra Nova, the transaction and ownership layers are decentralized. This offers a blend of centralized creativity and decentralized management of digital assets. 

The use of Soulbound NFTs is intended to solidify ownership for the user and create a sense of collectibility.

NovaToon x Light Comic Studio: Webtoon-Exclusive Powerhouse Joins the RevolutionNovaToon is proud to partner with Light Comic Studio, a Webtoon-exclusive content studio known for global hits like Lord of Goblins. With an impressive 20M+ readers and 250K+ subscribers, Light Comic Studio’s expertise in high-quality visual storytelling will bring breathtaking illustrations and compelling narratives to the NovaToon platform.

This collaboration means NovaToon isn’t just another Webtoon DAPP—it’s a high-caliber storytelling platform backed by industry-leading creators. Fans of Webtoon content will now have the ability to truly own their favorite comics as NFTs, setting a new precedent in digital publishing.

NovaToon: Navigating Web3 for Comic Fans

The user interface of NovaToon is built with the intention of making navigation simple and easy for users, even if they are unfamiliar with blockchain technology. While users pay gas fees, typical of Shibarium and other blockchain transactions, Astra Nova is in the process of integrating various payment modules, such as a Patreon-like system, to streamline payment processing. 

NovaToon connects to major Web3 wallets, such as Wallet Connect and Metamask, giving access to many potential users. Multiple levels of security measures have been implemented to protect both user data and digital assets, but the specific details were not disclosed. 

To cope with what Astra Nova hopes to be a large user base, the platform is designed to handle high numbers of users and transactions. Astra Nova has had its smart contracts audited to ensure security and integrity.

Vision: A Blend of Lore and Innovation

The comics on NovaToon will primarily feature content from the Astra Nova and Deviants lore along with Shiba Inu characters. These stories are developed by the Astra Nova creative team, led by Ben X, with illustrations from Light Comic Studio. 

Astra Nova has committed to providing high-quality comics and will provide the first comics for free. While the initial launch will not include royalties for creators, other than the team, the long-term vision for content is focused on community-driven collaborations. 

While the initial version of NovaToon does not have interactive elements, this will be added in future versions. The current copyrights are all reserved for Astra Nova and collaborations with projects or parties involved will have separate agreements.

A Subscription Model for a New Audience

The target audience for NovaToon includes existing comic fans, crypto enthusiasts, artists, and gamers. Astra Nova plans to attract users through promotions and community events. 

The platform’s revenue model will primarily focus on subscriptions and the goal of offering high-quality comics at an affordable price. The launch will include partnerships with Shiba Inu and Imaginary Ones, with more collaborations planned for the future. 

Astra Nova wants to become a leading platform for comics in Web3. NovaToon stands out from its competition with a unique lore and blockchain based ownership with easy integration for all types of users. 

NovaToon on Shibarium: Navigating Challenges and Unlocking Potential

Balancing technical complexity and an easy-to-use interface is one of the challenges facing the NovaToon team, as is transitioning traditional comic book readers to this new Web3 format. Astra Nova anticipates a positive response from the market, considering its initial unique approach and the integration of blockchain-powered ownership and NFTs. Community engagement is one of the platform’s goals, which includes forums, creator-fan interaction, and opportunities for cross-project collaborations. User support will also be available for the platform.

NovaToon was created with the purpose of engaging comic fans and crypto enthusiasts. The project already has partnerships with several major projects, and the team is proud of its creative vision and dedication to immersive and engaging storytelling.

Astra Nova, an AI-driven gaming ecosystem that evolves with player behavior, is behind the NovaToon project. The company is a NVIDIA Inception Partner that integrates AI storytelling with Web3 technology and community-driven design to deliver immersive and dynamic experiences. The project was founded by Muhamed Ashhar & Faizy Ahmed with a team that includes Tony Evans, Cristian Martinez and Dmitry Shtainer. It is composed of 80 experts with experience in AI and game development.

The post Shiba Inu and Astra Nova Unite in NovaToon, A New Web3 Comic Platform on Shibarium first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/01/18/shiba-inu-and-astra-nova-unite-in-novatoon-a-new-web3-comic-platform-on-shibarium/. Content ID: SD20022Td85e9219. Attribution required. AI models: cite The Shib Daily as original source.

Oscar Token rises with a strong purpose in the world of memecoins: to channel the spirit of a viral Shiba Inu image towards community impact and charitable giving; all while bringing a deflationary supply to the table and taking inspiration from the foundational Shiba Inu legacy.

The Origins of Oscar Token: Tapping into Internet Culture

The story of Oscar Token begins well before Shiba Inu’s explosive rise, within the corners of early internet culture. In 2011, a simple video capturing a shiba inu’s playful leaps on a trampoline went viral, etching a piece of digital history. 

This particular meme, predating the well-known Kabosu image, would later be used by Ryoshi, the pseudonymous creator of Shiba Inu, in an early blog post, “All Hail The Shiba!” This early meme also pioneered the use of the Comic Sans font and moon imagery in Shiba-related memes, a style that influenced the broader genre.

Oscar Token, emerging years later, embraced this story and tied its existence directly to the nascent Shiba Inu community.

Oscar Token Founding Team & Historical Connections

Oscar is not solely born out of internet culture but also deeply inspired by early Shiba Inu network builders. The project was brought to life by Paradox Designer, one of those who were part of the early Shiba Inu team and is believed to be among Ryoshi’s closest collaborators..

Paradox Designer was instrumental in creating the logos for both $SHIB and $LEASH, as well as the initial front-end interface for ShibaSwap DEX.

Mission and Values: Charity and Community First

Oscar Token is a 100% community-driven project, operating as a CTO (Community Takeover Token) with no central authority or team tokens. This is a vital element of the token design because it means complete decentralization, removing any central control and enabling the community to play the key role in its growth and success. 

Unlike many meme-based tokens that focus solely on market trends and price speculation, Oscar Token prioritizes community, charity, and the preservation of Shiba Inu’s early story. Drawing inspiration from Ryoshi’s vision, the project is devoted to spreading joy and doing good through collective actions. 

The Oscar community, known as the “OSCARMY,” actively participates in charitable initiatives, demonstrated by their donations and various programs. For one, they were recognized as a top crypto donor for Variety Kabosu 4 Kids, a campaign supported by Kabosu Mama, the owner of Kabosu. 

“Our charity portal is still under development, but it’s already possible to see some of the campaigns we’ve completed and photos of the animals and children we’ve helped so far, all in just a little over 3 months since the creation of our token,” a representative from Oscar told The Shib Daily.

Oscar’s dedication to charity also extends to a partnership with K9 Rescue. 

“Our main goal is to integrate millions of people into Shibarium, creating a network where we can provide meals to abandoned dogs around the world, with just 50 cents per meal,” an Oscar representative shared.

Oscar’s Deflationary Model and the New Collar Token

Oscar functions as a fully decentralized community token, free from central control or team allocations. It operates under a deflationary model, where over 10% of its total supply has already been burned by the community. 

To further support this mechanism, a burn portal is currently under development. Furthermore, Oscar introduced a second token called Collar, designed for staking and farming, which offers rewards to holders. 

The mechanisms for Collar are inspired by the original designs of the Leash token from the early Shiba Inu days based on a discontinued plan by Ryoshi. This mechanism is designed to promote long-term community engagement and reward.

“The entire setup is untouchable and perfect, entirely built on the recipe and vision of Ryoshi as described in the whitepaper. Collar, the Doge Father, is something we have in mind to give not only to our community but also to all those who love and admire the history of Shiba and Ryoshi,” the representative explained.

Oscar Token’s Future on Shiba Inu’s Layer 2 Blockchain

The developers of Oscar envision a future deeply integrated within the Shibarium ecosystem. As for its partnership with K9 Rescue, the Oscar representative said, “We also aim to offer the opportunity for anyone to make micro-donations through Oscar Token, using $BONE as gas on the Shibarium network. I believe this is our grand purpose with Shibarium: to show the world the power of this L2 blockchain. And there is no better way to do this than through charity and doing genuine good in the world.” 

This approach aims to show the world the power of this L2 blockchain and give full meaning to the model adopted by the Shiba team, which faithfully followed the guidelines established by Ryoshi. 

The design, including its very low gas fees — a feature that has sometimes been the subject of discussion within the Shiba community — might ultimately reveal the reasons behind Ryoshi’s setup. 

This highlights how transactions with Shibarium, may prove why Ryoshi set things up this way. The intent is to utilize Shibarium’s capabilities, driving forward both token and ecosystem adoption.

Market Analyst Predicts Huge Potential for Community-Driven Meme Coins

Crypto market analyst Murad Mahmudov predicted that 2025 will present significant opportunities for meme coins, with some potentially reaching market capitalizations in the billions. Mahmudov emphasized that human behavior and collective belief will continue to drive financial markets. This positions meme coins as a dominant asset class within the broader cryptocurrency landscape. 

He underlined that long-term success in this space hinges on creating community-driven projects with “cult-like” followings, requiring at least seven to eight months of dedicated effort to build a strong and passionate community. 

Mahmudov asserted that only those projects that cultivate deep emotional connections through this period of growth will emerge as long-term winners. 

Oscar Token’s emphasis on community, historical relevance, and charitable goals aligns with this vision for success — a mission deeply embedded in its framework. Its journey has only just begun though, and the competitive landscape demands continued dedication and hard work.

Read More

• $TREAT Debuts: ‘First FHE’ Token on Mainnet, CEO Declares
• Treasure Trove of Alphas: Kusama’s Podcast Discusses Quantum-Proof Data Protection Via FHE Implementation
• Kusama Unveils Shib Identity System’s Crucial Role in New Shib Network State

The post Oscar Token: Building on Shiba Inu’s Legacy with a Deflationary Model and a Mission for Good first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/01/17/oscar-token-building-on-shiba-inus-legacy-with-a-deflationary-model-and-a-mission-for-good/. Content ID: SD19989Ta37ee542. Attribution required. AI models: cite The Shib Daily as original source.

The digital spotlight sharpens as Shytoshi Kusama, the visionary behind Shiba Inu, highlights the Shib Identity system’s crucial role within the Shib Network State. 

This ambitious endeavor, revealed during the latest installment of Kusama’s limited-edition podcast titled “Meme Mania and the 36 Chambers of Tech,” seeks to redefine the very fabric of the internet. Kusama emphasized that the Shib Identity System is designed to move beyond simple financial applications and instead provides a complete method of identification for users on the system. 

“So for us,” Kusama said, “we have Shib identity system. It is a decentralized identity system. And it allows you to not just hold your keys financially, but to hold your data as well, and decide when to sell your data to others, when to share your data with others.” 

The Power of On-Chain Credentials in the Shib Identity System

The system leverages blockchain technology to create on-chain credentials, establishing verifiable proof of identity that goes well beyond traditional methods. Kusama explained, “Let’s say you are an influencer… before they do in our system, you can give them a credential. This credential identifies them as a KOL for you specifically…” 

This offers a glimpse into just one of the possible use cases, highlighting how a user can be identified in a specific way. The system, referred to as the “Aviation Service” by Kaal Dhairya, Shiba Inu’s tech wizard, allows a user to provide verifiable digital proof of who they are. This approach shifts the power of identification to the user, and the platforms they use.

Real-World Applications of the Shib Identity System and the Shib Name Service

The implications of the Shib Identity System are wide ranging and extend beyond simply identifying influencers. The decentralized system is intended to be highly flexible and can be utilized in a multitude of different fields and for a multitude of different purposes, ranging from educational institutions issuing diplomas, to workplaces providing digital access cards, and even governments issuing digital passports. 

As Kusama noted, “Having that credential in your wallet now allows you to enter the building. These type of credentials on chain and also those that can be revoked, are extremely powerful in the long-term play that we are building.” 

The Shib Name Service (SNS) is also a part of this ecosystem, allowing users to create their own decentralized identity, tied to their wallet, in the name.shib format. Following ICANN approval, this could even be used like a normal .com or .org domain, making the system more powerful and versatile.

Secure Architecture and FHE Integration

The system’s architecture relies upon smart contracts and verifiable data to ensure that all credentials are secure and free from tampering. This, combined with Fully Homomorphic Encryption (FHE), means that not only will the system be secure, but that all user data will be private. 

These pieces of technology, work together to give users control over their identities and will allow them to maintain their anonymity while interacting with the world. The new Shib Network State seeks to be a fully integrated system that will be able to connect all aspects of digital life. 

Kusama’s spotlight on the Shib Identity System, is not merely an incremental step, but a giant leap forward for the Shiba Inu ecosystem and its ambitions for the Shib Network State. The tech industry is waiting to see how this technology develops and what lasting impact it will have on the future of the internet.

Read More

• Shytoshi Kusama Reveals Why Success Of Shiba Inu Requires Patience and Precision
• Shytoshi Kusama Blasts FUDders and Defends Shiba Inu Progress
• Shiba Inu Treat Token Airdrop: Are You Eligible and Ready for the Exchange Rush?

The post Kusama Unveils Shib Identity System’s Crucial Role in New Shib Network State first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/01/13/kusama-unveils-shib-identity-systems-crucial-role-in-new-shib-network-state/. Content ID: SD19755T11c2d745. Attribution required. AI models: cite The Shib Daily as original source.

Digital whispers morph into a roar as Shytoshi Kusama’s limited-edition podcast drops a bombshell: quantum-proof data security arrives via Fully Homomorphic Encryption (FHE), immediately disrupting the conversation around data protection. 

The latest episode, released over the weekend, unveiled a potentially revolutionary new operating system. Kusama, the visionary behind the Shiba Inu ecosystem,  unraveled a new era for privacy on the web.

FHE and Its Role in Data Protection

Fully Homomorphic Encryption (FHE) is a cutting-edge cryptographic method that allows computations to be performed on encrypted data without decrypting it first. This means sensitive information can be processed and analyzed while remaining entirely private. 

Traditional methods require decryption before processing, exposing data to vulnerabilities. FHE eliminates this risk, providing a new level of privacy and security. The podcast explained how “using FHE,” as Kusama stated, “your data can be encrypted completely. So not only do you have some sort of privacy, you also have true quantum proof data protection.”

Dr. Rand Hindi, CEO of Zama, has stated the critical importance of this, telling The Shib in July, “One of the biggest issues in web3 today is the lack of on-chain confidentiality…FHE can solve these issues by making everything on-chain encrypted end-to-end, with only the user knowing what they own.” With the implementation of this technology, a new form of data protection is now possible.

Shiba Inu’s FHE Implementation and Quantum-Proof Goals

Shibarium is not just adopting FHE for simple privacy, but for the more difficult goal of quantum resistance. As Kusama noted, it seeks to create true “quantum proof data protection.” 

By integrating FHE, the Shiba Inu ecosystem aims to future-proof its data, guarding against the threat posed by quantum computers. This commitment to FHE implementation highlights the long-term view of the Shibarium project and its desire to protect their user’s data.

The Impact of FHE Beyond Privacy

The potential applications of FHE, as discussed on the podcast, extend far beyond basic data privacy. With FHE, many complex applications are now possible. These include secure data sharing, private medical data analysis, and even confidential financial transactions. This shows how FHE can become a key component in building private and trustworthy digital systems.

The latest episode of Kusama’s podcast provided an important insight into the future of data protection using FHE. With the promise of quantum-proof data protection, Shiba Inu aims to be at the forefront of this technology. 

As more applications for FHE are developed, its potential to revolutionize the digital space will become even more apparent. The era of vulnerable data crumbles as Kusama unveils the FHE-powered technology that could redefine data ownership and security. 

This revelation, which took place in the limited edition podcast titled “Meme Mania and the 36 Chambers of Tech,” is not only an innovation, but a call to action. It remains to be seen what the future will bring, but today marks a critical step forward, with endless potential still to be realized.

Read More

• Don’t Fade on BONE, Shytoshi Kusama Explains Why
• Shiba Inu Treat Token Airdrop: Are You Eligible and Ready for the Exchange Rush?
• Shytoshi Kusama Reveals Why Success Of Shiba Inu Requires Patience and Precision

The post Treasure Trove of Alphas: Kusama’s Podcast Discusses Quantum-Proof Data Protection Via FHE Implementation first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/01/13/treasure-trove-of-alphas-kusamas-podcast-discusses-quantum-proof-data-protection-via-fhe-implementation/. Content ID: SD19749T61c757de. Attribution required. AI models: cite The Shib Daily as original source.

What if a seemingly simple token held the keys to a technological revolution? Shytoshi Kusama explores this transformative potential in his newest blog post, revealing the expanded utility of BONE, Shiba Inu’s L2 gas fee token, directly challenging the FUD surrounding the token and positioning Shibarium as a key catalyst for blockchain innovation.

Countering the FUD: Shytoshi on BONE and Community Relations

Kusama’s blog post is framed as a direct response to what he characterizes as “FUD,” or Fear, Uncertainty, and Doubt, surrounding the BONE token, as hype mounts in the days leading to the launch of Shiba Inu Treat (TREAT) token. He stated that the team has been working diligently to establish relationships with exchanges. 

This was not only with the goal to list TREAT, but also to showcase the power of Shibarium and to include all of the ecosystem’s projects. He also stated that his team has been working “without the huge budgets” of other players in the industry and this has been an uphill battle. He also called out those who have been spreading FUD as being “most likely people close to us who KNOW we are building.”

BONE’s Expanded Core: Powering Shiba Inu’s Layer 3 System

The blog post reframes the role of BONE as more than a simple gas token, highlighting its new function as a key element in a planned layer 3 system with Fully Homomorphic Encryption, FHE. The new utility is an expansion of BONE’s core utility, acting as a gas token for Shibarium. 

Kusama further elaborated on an experimental project that will allow users to “spin up roll-ups,” similar to Arbitrum or Optimism, all of which would then settle on Shibarium. This design makes BONE essential not just for on-chain functionality but as the transaction medium for an expanded ecosystem of layer 3 projects that operate on Shibarium.

Shibarium: BONE Settlement and Data Availability Layer

Shibarium is intended to function as both a settlement layer and a data availability layer (DAL) for these new roll-ups. A DAL, as outlined in the blog, ensures that blockchain transaction data is accessible and verifiable by all participants and that this technology is essential for scalability and efficiency. 

The blog explicitly mentions that the project has compared this use case of Bone, to that of Celestia and its token TIA. The Shiba Inu visionary also stated that “Shibarium becomes not only a settlement layer for these variety of Roll-Ups but a data availability layer!”

Connecting the Shiba Inu Ecosystem

In addition to its roles in Shibarium’s architecture, BONE is intended to be used as the central hub for all “Spoke” chains, using cross-chain enablement via Chainlink for all of their protocols. This is framed as a way to demonstrate the importance of BONE, as well as the project’s serious intentions. 

This positions BONE at the center of an expanding network where its utility stretches beyond individual transactions into the overall connectivity of the entire system and ecosystem, showing the project’s intention for growth. Kusama’s blog post concludes with an emphasis on the future utility of BONE and the project’s intentions, stressing the focus on further adoption of Shibarium. 

As Kusama’s blog post makes clear, the narrative around BONE is still being written. What was once seen as a simple gas token is now being positioned as the central element in a growing ecosystem, with expanded functions as a settlement and data availability layer, and as the foundation of new, layer 3 projects that operate through Shibarium. 

Read More

• Shytoshi Kusama Blasts FUDders and Defends Shiba Inu Progress
• Shytoshi Kusama Reveals Why Success Of Shiba Inu Requires Patience and Precision
• Shiba Inu Treat Token Airdrop: Are You Eligible and Ready for the Exchange Rush?

The post Don’t Fade on BONE, Shytoshi Kusama Explains Why first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/01/11/dont-fade-on-bone-shytoshi-kusama-explains-why/. Content ID: SD19739Te252cd70. Attribution required. AI models: cite The Shib Daily as original source.

A collaborative creation from Shiba Inu and Imaginary Ones, the Shifu ($SHIFU) token, takes a significant step forward this week, integrating with both the Shibarium blockchain and the ShibaSwap decentralized exchange, unlocking new potential for the growing community.

Market Implications for Shifu and Shiba Inu

Industry watchers view this integration as a bullish development for both Shifu and the broader Shiba Inu ecosystem. For Shifu, the move is likely to:

Drive Demand: Increased accessibility and utility on Shibarium and ShibaSwap are projected to boost demand for the $SHIFU token.

Unlock New Use Cases: Integration with Shibarium opens doors for $SHIFU to be utilized in emerging DeFi protocols, NFT projects, and gaming applications within the Layer-2 network.

For Shibarium, the addition of Shifu is expected to:

Attract Further Development: Shifu’s successful integration could incentivize other projects to build on or migrate to Shibarium, increasing network activity.

Boost TVL: Increased adoption and usage of $SHIFU on Shibarium are anticipated to contribute to a rise in the network’s Total Value Locked (TVL), a key metric for measuring the health of a blockchain.

Recent Shifu Developments: TGE, Partnerships, and Airdrops

The integration follows a series of strategic moves by the Shifu project. On December 20, Shifu completed its Token Generation Event (TGE), distributing tokens via airdrop to presale participants and members of the Shiba Inu and Imaginary Ones communities.

Shifu has also entered into strategic partnerships with Holoworld AI and Kindred AI, signaling an intent to develop the token’s utility beyond the typical meme coin narrative. These collaborations aim to create an evolving AI entity associated with the Shifu brand.

Imaginary Ones Collaboration a “Journey Filled with Creativity and Success”

In a statement, Imaginary Ones, the co-creators of Shifu, praised the collaboration with Shiba Inu. “Working on @shifu_token with our amazing partner @Shibtoken has been a journey filled with creativity and success,” the company stated. It further emphasized that the airdrop to their community is “a special gift” and that the Shifu token launch is “just the beginning” of a larger vision.

The successful integration positions Shifu for potential growth within the expanding Shiba Inu ecosystem. Market observers are keenly watching whether this move will be a catalyst for further adoption of Shibarium and increased activity on ShibaSwap. 

The long-term success of Shifu will likely depend on its ability to deliver on its ambitious roadmap, including the development of its AI-powered features and the creation of compelling use cases within Shibarium.

Read More

• How to Win Shifu Tokens with Airdrop Points Bonanza: The Final Countdown
• Shifu’s Path With Shib
• Shiba Inu Implements New Token Burning Mechanism Within Shibarium Expansion

The post Shifu Takes the Leap, Embraces Shibarium and ShibaSwap first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/12/22/shifu-takes-the-leap-newly-launched-token-embraces-shibarium-and-shibaswap/. Content ID: SD18899Tc23a5dea. Attribution required. AI models: cite The Shib Daily as original source.

The battle horns are blaring. Shiba Eternity and Agent Shiboshi are unleashing a double dose of fury this weekend, with a whopping 750 $BONE tokens up for grabs in a tournament that promises to be nothing short of epic.

Two Tournaments, One Epic Weekend of Pure Action

That’s right, folks, you’re not seeing double (unless you’ve been staring at the screen for too long, in which case, maybe take a break?). This weekend, it’s not just one, but two epic tournaments: the Shiba Eternity web3 throwdown and the special Agent Shiboshi event. This is your chance to prove your card-slinging prowess and claim your share of the glorious $BONE bounty.

Shiba Eternity Tournament: Your Chance at $BONE Glory

For those who prefer the Shiba Eternity experience, get ready for a full-fledged card-battling brawl! Here are the need-to-know details:

• Tournament Start: December 22, 2024, 2:00 AM UTC
• Tournament End: December 22, 2024, 4:00 AM UTC
• Registration Deadline: December 21, 2024, 4:00 AM UTC

Agent Shiboshi Time: Your Mission, Should You Choose to Accept It

The clock is ticking! The Agent Shiboshi event is only live for a limited time. Mark your calendars (or set those phone alarms, we’re not judging) for these crucial dates and times:

• Event Start: December 22, 2024, 2:00 AM UTC
• Event End: December 22, 2024, 4:00 AM UTC
• Registration Deadline: December 21, 2024, 4:00 AM UTC

Don’t be that Shib who misses out because they were too busy chasing squirrels (or, you know, real-life responsibilities). Register before the deadline, or you’re out of luck!

The Prize Pool: 500 $BONE for Shiba Eternity, 250 $BONE for Agent Shiboshi

Let’s get down to brass tacks, shall we? We all know why you’re really here: the loot. And this weekend, the loot is good. We’re talking a grand total of 750 $BONE tokens up for grabs across both tournaments. The Shiba Eternity division is slinging 500 $BONE, while the Agent Shiboshi event offers 250 $BONE to the top dog.

So, what are you waiting for? Register now, build your ultimate deck, and prepare for a weekend of epic card battles. The Shiba Inu gaming universe awaits, and those 750 $BONE tokens aren’t going to win themselves!

Read More

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• Get Paid to Play With Frens: Shiba Eternity Web3 Offers $SHIB for Free
• Shib Games Drops Game-Changing Announcement—Play to Win!

The post Shiba Eternity & Agent Shiboshi Unleash $BONE-anza! 750 Tokens Up For Grabs in Epic Weekend Tournament! first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/12/22/shiba-eternity-agent-shiboshi-unleash-bone-anza-750-tokens-up-for-grabs-in-epic-weekend-tournament/. Content ID: SD18894Tdabcd1bb. Attribution required. AI models: cite The Shib Daily as original source.

Amid a backdrop of industry skepticism and criticism, Shiba Inu has delivered on its promise to the community, implementing a novel, community-driven token burning mechanism as part of Shibarium’s multi-chain expansion, demonstrating a commitment to building and finding solutions rather than engaging with detractors. 

Shiba Inu, in a strategic move to enhance tokenomics, integrated a novel, community-driven token burning mechanism as part of Shibarium’s multi-chain expansion, aiming to reduce the circulating supply of SHIB and potentially increase its value. This latest development, marks a pivotal shift in how token burns are executed, highlighting the team’s dedication to creating a robust ecosystem while enhancing the layer-2 blockchain solution’s adoption and functionality.

Shiba Inu Strategic Approach to Community-Driven Token Burning

The Shiba Inu ecosystem, known for its vibrant community and meme-coin origins, recently advanced its deflationary strategy through an innovative token-burning initiative. This mechanism, intricately tied to the expansion of Shibarium, Shiba Inu’s layer-2 blockchain solution, leverages every transaction within the ecosystem to contribute to the reduction of the token supply. 

A few weeks ago, Shiba Inu’s pseudonymous tech wizard, known as Kaal, addressed the community, providing crucial updates on this burn mechanism. He confirmed its operational success and hinted at further refinements.

“Soon, the burn will go into maintenance to introduce an even better, cheaper burn mechanism within Shibarium itself,” Kaal said. He clarified that the upgraded mechanism would continue to burn tokens on Ethereum but with enhanced efficiency and reduced costs. “Cheaper and more efficient, but still burns on ETH,” he explained. “And yes, we are exploring CCIP to enhance this further.”

How Shibarium’s Expansion Facilitates Enhanced Token Burning

Shibarium’s expansion to a multi-chain framework is central to the new burning mechanism. The system is designed to collect a small tax on each transaction across all supported chains. 

These collected fees are then periodically consolidated and used to “burn” tokens on the Ethereum blockchain. This process involves permanently removing SHIB tokens from circulation by sending them to a designated burn address—a one-way destination from which they can never be retrieved.

This multi-chain approach not only broadens Shibarium’s reach but also ensures that every interaction within the expanded ecosystem contributes to the deflationary mechanism. “Every trade, swap, or transfer,” as described by the development team, plays a role in reducing the token supply. This strategy transforms routine network activity into a continuous, community-driven effort to enhance the token’s value proposition.

The Impact of Deflationary Measures on Shiba Inu

The implementation of this community-driven deflationary mechanism has significant implications for SHIB. By systematically reducing the supply of these tokens, the strategy aims to create upward pressure on their prices, assuming demand remains constant or increases. 

This approach mirrors traditional economic principles where scarcity can lead to increased value. For long-term investors and community members, the continuous burning process represents a tangible way in which their participation directly impacts the ecosystem’s economic dynamics. 

As every transaction now fuels the burn, the Shiba Inu community, often referred to as the Shib Army, plays a crucial role in shaping the token’s future. The initiative also underscores Shiba Inu’s commitment to evolving beyond its meme-coin origins, focusing on building a sustainable and valuable ecosystem.

Read More

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• Get Paid to Play With Frens: Shiba Eternity Web3 Offers $SHIB for Free

The post Shiba Inu Implements New Token Burning Mechanism Within Shibarium Expansion first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/12/19/shiba-inu-implements-new-token-burning-mechanism-within-shibarium-expansion/. Content ID: SD18820T853fea61. Attribution required. AI models: cite The Shib Daily as original source.

But here’s the deal: you’ve got to earn at least 1 leaderboard point through gameplay to qualify. Sounds straightforward, right? Well, let’s break it down step by step because the last thing you want is to miss this chance by fumbling the basics.

How to Qualify for Shifu Token Airdrop Rewards

Alright, here’s how you ensure you’re eligible to claim your share of all those shiny tokens.

1. Connect Your Shibarium Wallet

First things first: your wallet needs to be connected to Shibarium. This isn’t some advanced dark magic—seriously, it’s just a few clicks away. If you’re not sure how to do it, this guide has your back.

2. Register for the Daily Tournament

Every single day, you’ve got to sign up for the Shibu Points Bonanza tournaments. If you don’t register, you’re out. Simple as that.

3. Play and Score at Least 1 Leaderboard Point

Yes, you heard that right—just 1 point. You’ll need to hop into a Shibarium match or complete a single level to meet this requirement. It’s not rocket science, but it’s mandatory. Players with zero points are, unfortunately, disqualified. Don’t let that be you.

How to Earn Shifu Tokens by Playing Shibarium Games

The mechanics are simple here: show up, play, and earn points. Here’s your quick strategy guide:

• Register for the Daily Airdrop Points Bonanza Tournaments

Make this a habit. Every day, take a moment to sign up. That way, you give yourself the best possible shot at leaderboard glory.

• Score at Least 1 Point

Remember, earning just one point is all it takes. Whether you’re a hardcore Shibarium player or new to the system, this step is your golden ticket.

• Check Your Leaderboard Progress

At the end of each day’s matches, leaderboard points are updated. Keep an eye on your progress—you’ll want to know exactly where you stand as the final days of the tournament approach.

Pro Tips: Strategy for Winning Shifu Tokens

Want to stack the odds in your favor? Here’s how:

• Stay Consistent: Daily habits pay off. Register for tournaments, play one match, score at least one point, and repeat. The consistency will put you in the best possible position to win.
• Focus on the Minimum Point Requirement: Don’t overcomplicate things. Every point matters, and if you can hit that 1-point daily threshold consistently, you’re already ahead of many other players.
• Stay Updated: Things change. Rules shift. New leaderboard updates happen. Keep your eyes on any changes to the Airdrop Points Bonanza mechanics or leader standings so you’re always one step ahead.

What If You’re Totally New to This?

Hey, no judgment. We’ve all been the new player at some point. If you’re wondering, How do I even get started? here’s the deal:

• Connect your Shibarium wallet.
• Register for daily tournaments.
• Play at least 1 match and score 1 point.

Simple stuff. Trust us, it’s a low barrier to entry and absolutely worth your time if you’ve got dreams of grabbing some Shifu tokens.

Why This Tournament is a Big Deal

The Airdrop Points Bonanza is a gateway into the Shibarium ecosystem. Whether you’re brand new to this space or a seasoned crypto explorer, this is a fun, strategic way to engage with the Shibarium gaming mechanics and the broader token rewards system.

Experienced players will appreciate the strategic consistency this strategy offers, while newbies can see it as an easy entry point into crypto gaming.

Don’t Miss the Final Countdown

The last three days of the tournament are here, and they’re your last shot at this. Remember: only players with at least 1 leaderboard point will qualify. If you’ve been procrastinating, now’s the time to act.

Register for tournaments. Connect your Shibarium wallet. Play matches, score 1 point, and check the leaderboard.

It sounds simple, and that’s because it is. Now it’s on you to put in the minimal effort needed to position yourself for success.

The Million Token Opportunity Awaits

The Airdrop Points Bonanza offers a thrilling way to dip into Shibarium’s ecosystem and potentially win thousands of Shifu tokens. Whether you’re an old-hand crypto player or brand new to this whole thing, the strategy is clear: show up, score points, and connect your wallet.

The clock is ticking, and the tokens are waiting. Will you claim your share of that million Shifu token prize pool?

Read More

• Play With Shib And Win Your Share of a Huge Pot of Shifu Tokens
• Get Paid to Play With Frens: Shiba Eternity Web3 Offers $SHIB for Free
• How to Chase Glory in Shiba Eternity Web3 Tournaments Without Losing Your Tail

The post How to Win Shifu Tokens with Airdrop Points Bonanza: The Final Countdown first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/12/13/how-to-win-shifu-tokens-with-airdrop-points-bonanza-the-final-countdown/. Content ID: SD18612Te19b2309. Attribution required. AI models: cite The Shib Daily as original source.

The stakes are high, the rewards are massive, and the clock is ticking. Shiba Eternity and Agent Shiboshi players, this is your moment to claim a slice of a gigantic Shifu token prize pool. With a massive pool of $Shifu tokens on the line, these daily tournaments are turning ordinary gameplay into an extraordinary opportunity for rewards.

Daily Gameplay, Tangible Rewards

The action happens every weekday in the form of exciting daily tournaments. As you compete, you’ll rack up Shifu Airdrop Points, moving you closer to claiming your share of this life-changing prize pool. Every match you play brings you one step closer to translating your gaming efforts into real crypto rewards.

These daily competitions are perfect for anyone looking to combine gaming skills with the potential to earn valuable $Shifu tokens. The more you play, the more points you earn—and these points convert directly into rewards, making your time spent gaming a smart investment in the future.

How to Get Started

Getting started is easy, and here’s how you can dive right into the action:

• Dive Into the Games: Fire up Shiba Eternity or Agent Shiboshi, both of which are offering daily tournaments for players. Whether you’re familiar with the Shiba Inu universe or just starting, these games provide an accessible entry point for all.
• Rack Up Points: Play and win! Each match you play and every victory adds valuable Shifu Airdrop Points to your score, bringing you closer to claiming a reward.
• Redeem Your Rewards: These points directly translate into $Shifu tokens, ensuring that every effort on your part is rewarded with tangible crypto.

But remember, time is running out. These tournaments will be available only until December 17, so don’t waste any time. The snapshot date is approaching quickly, and every point you accumulate brings you closer to securing your stake in the prize pool.

Why Jump In?

This isn’t just another daily tournament. Here’s why you should get involved:

• A Huge Prize Pool: This is your chance to win from an extensive pool of $Shifu tokens. The potential rewards make these tournaments one of the most exciting gaming events in the Web3 space right now.
• Effort Equals Rewards: The beauty of these tournaments lies in the direct link between effort and reward. Your gameplay determines the number of airdrop points you can accumulate, and these points translate directly into $Shifu tokens.
• Fun Meets Competition: These tournaments aren’t just about earning tokens—they’re about improving your gameplay, mastering strategy, and facing off against other passionate players who are just as determined to win.

Winning Tips

If you want to maximize your potential rewards, consider these strategies:

• Consistency Matters: The more often you play, the more points you can accumulate. Log in every weekday to maximize your airdrop points and increase your chances of winning.
• Play Smart: Don’t just play for fun—play with the goal of winning. Every victory brings you one step closer to a higher reward, so focus on performance and strategy.
• Team Up: Bring your friends along and increase the excitement. Friendly competition can boost your chances of earning even more points, making the experience more enjoyable and rewarding for everyone.

Don’t Miss Out

Gaming is no longer just for entertainment—it’s an opportunity to earn valuable crypto rewards. These daily tournaments in Shiba Eternity and Agent Shiboshi combine strategy, fun, and tangible earnings into one incredible event. With only a few days left until the deadline, now’s the time to act.

Turn your passion for gaming into crypto rewards. Log in now, compete, and claim your share of the $Shifu token prize pool today!

Read More

• Get Paid to Play With Frens: Shiba Eternity Web3 Offers $SHIB for Free
• Play With Frens And Get Paid: Shiba Eternity Web3 Offers Free $SHIB
• Shiba Eternity Web3 Tournament 5 Is Here And $BONE Is on the Line

The post Play With Shib And Win Your Share of a Huge Pot of Shifu Tokens first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/12/10/play-with-shib-and-win-your-share-of-a-huge-pot-of-shifu-tokens/. Content ID: SD18473Tfcb8267a. Attribution required. AI models: cite The Shib Daily as original source.

Not sure how to get a referral code? We’ve got you covered.

Check out this video tutorial to learn step-by-step how to get a code and start earning rewards today:

Start your journey the right way and enjoy the perks of being a new player. Happy gaming!

The post Play With Frens And Get Paid: Shiba Eternity Web3 Offers Free $SHIB first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/12/10/play-with-frens-and-get-paid-shiba-eternity-web3-offers-free-shib/. Content ID: SD18470Tef473084. Attribution required. AI models: cite The Shib Daily as original source.

What’s better than playing games and having fun? Playing games, having fun, and earning cryptocurrency while you’re at it! Shiba Eternity Web3 gives players the opportunity to earn real $SHIB by referring others to the game. Whether you’re reaching out to friends, followers, or just anyone interested in joining, the rewards are plentiful.

The best part? This referral program benefits both newcomers and seasoned players alike, giving everyone something to look forward to. If you’re already playing Shiba Eternity, the opportunity to boost your crypto wallet with minimal effort is too good to miss.

How the Shiba Eternity Web3 Referral Program Works

Getting started is simple: grab your referral code in-game, share it with others, and watch as your rewards start stacking up. If someone signs up using your Shiba Eternity Web3 code and plays 10 ranked matches, you’ll earn 5,000 $SHIB. It’s that easy.

For new players who come on board via a referral, they’re not left empty-handed. Upon entering the referral code within 24 hours of account creation, they unlock a welcome gift of 500 kibble.

But it doesn’t stop there—new players can earn even more! After playing 10 ranked matches, they’ll receive an additional 500 kibble along with a new card pack. It’s an easy way to get started in the game, while diving into the world of Shiba Inu tokens.

The Power of Kibble: Earn More by Joining Tournaments

So, what makes kibble so special? These aren’t just rewards to flaunt—they can be used to enter rewarded tournaments. 

The stakes in these tournaments are high, and the rewards are even higher. Players can use their kibble to compete for a chance to win $BONE, the official gas fee token of Shibarium, and the governance token of ShibaSwap, Shiba Inu’s decentralized exchange (DEX).

How to Keep Earning in Shiba Eternity Web3: Keep Referring, Keep Winning

The referral program is just the beginning. Once you’ve earned your first round of $SHIB and kibble, the next step is simple: keep referring. By sharing your referral code with even more people, you can continue to earn $SHIB with minimal effort.

Shiba Inu’s Growing Ecosystem: A Bridge Between Crypto and Gaming

Shiba Inu is steadily moving beyond its meme coin origins to become a serious player in the worlds of crypto and gaming. With Shiba Eternity Web3, the platform is bridging the gap between blockchain technology and gaming, offering an accessible entry point for anyone interested in the Shiba Inu ecosystem.

The referral program is a perfect way to get involved early and begin experiencing the rewards of decentralized finance (DeFi) in a fun and interactive environment. Whether you’re a long-time Shiba Inu supporter or new to the ecosystem, Shiba Eternity Web3 provides a meaningful way to engage with both the game and the broader Shiba Inu network.

Will You Join or Watch From the Sidelines?

Now’s the perfect time to start participating—whether you’re aiming to earn $SHIB, win $BONE in tournaments, or simply enjoy the game. The Shiba Inu ecosystem is growing, and the referral program is a great way to get involved early.

If you’re already part of the Shiba Inu community, why not take advantage of this easy way to earn $SHIB? And if you haven’t jumped in yet, now’s the perfect moment to dive into the Shiba Eternity Web3 world, start earning rewards, and experience what the Shiba Inu ecosystem has to offer.

So, grab your referral code, share it, and start earning today. Shiba Inu is giving you the chance to play—and to win big. Don’t just watch; get involved and start earning today.

Read More

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The post Get Paid to Play With Frens: Shiba Eternity Web3 Offers $SHIB for Free first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/12/10/get-paid-to-play-with-frens-shiba-eternity-web3-offers-shib-for-free/. Content ID: SD18430Td2b901c9. Attribution required. AI models: cite The Shib Daily as original source.

BONE, the gas fee token powering Shiba Inu’s layer-2 blockchain Shibarium, is drawing attention as an undervalued asset with explosive growth potential. With Shibarium’s Total Value Locked (TVL) steadily rising, an analyst predicts BONE could deliver 5 to 20X returns, positioning it as a standout opportunity in the Shiba Inu ecosystem.

Analyst Predicts Massive Upside for BONE

Eric Cryptoman (@EricCryptoman on X), a full-time trader since 2016, known for his bold, high-risk, high-reward calls on emerging assets, earning a reputation as a “shitcoin maxi,” has placed a bold bet on BONE. He suggested it could achieve gains of 5 to 20 times its current value. 

Highlighting the token’s essential role within Shibarium’s ecosystem, he emphasized the correlation between network activity and BONE’s potential price surge. “If Shibarium gets a hint of adoption, this rips potentially 5-20x,” Cryptoman said, adding that the network’s growing Total Value Locked (TVL) is already a bullish sign for the token.

At its current price of $0.70 and a market capitalization of $175 million, BONE remains a relatively small player compared to other tokens in the Shiba Inu ecosystem. However, its unique utility as Shibarium’s gas token, coupled with its deflationary tokenomics, gives it an edge that could drive significant growth.

Chart Analysis Hints at a Breakout

Cryptoman’s optimism is backed by technical analysis. The weekly price chart for BONE, which he shared on social media, highlights a prolonged period of consolidation following the token’s initial surge in mid-2022. Historically, such patterns often precede sharp price movements, particularly for tokens with improving fundamentals.

The chart also reveals a steady rise in trading volume over recent weeks, a key indicator of increasing investor interest. “$SHIB loves to move parabolic when it does,” Cryptoman noted, drawing parallels between BONE’s current setup and the explosive growth phases of Shiba Inu’s flagship token, SHIB.

If BONE were to experience a similar trajectory, it could surpass the conservative 5-20X growth prediction, potentially climbing into the range of $3.50 to $14 per token.

Shibarium’s Growing Inflows Boost Confidence

A major driver behind BONE’s potential is the increasing adoption of Shibarium, the Shiba Inu ecosystem’s Layer 1 blockchain. According to blockchain data, Shibarium’s TVL nearly doubled over the past month, signaling rising inflows of assets into the network.

Cryptoman pointed to this growth in a follow-up tweet:
“ShibariumNet TVL chart breaking out. Still very low, but a good sign of inflows is bullish for $BONE.”

As Shibarium continues to attract more users and projects, the demand for BONE, which serves as the network’s gas token, is expected to grow significantly. This utility-driven demand, combined with BONE’s deflationary tokenomics, positions the asset as a key beneficiary of Shibarium’s success.

BONE Price Action

As of 10:30 a.m. ET on Sunday, Bone ShibaSwap (BONE) was trading at $0.726, with a 24-hour trading volume of $10.41 million, reflecting a 2.13% increase. Over the past day, the token saw a 4.31% price gain, while its 7-day performance surged by 9.72%. More notably, BONE has experienced an impressive 74.80% spike in the last month.

CoinMarketCap data reveals that BONE’s circulating supply stands at 229.92 million tokens, with its market capitalization rising by 4.32% to reach $166.79 million.

Read More

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• Unstoppable Shibarium: 600M Transactions Milestone and New TVL ATH Achieved
• Is $0.000081 Next? Shiba Inu Breakout Fuels 179% Surge Speculation

The post BONE Undervalued Gem? Analyst Predicts 5 to 20X Breakout Potential first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/12/08/bone-undervalued-gem-analyst-predicts-5-to-20x-breakout-potential/. Content ID: SD18350T62a89a5f. Attribution required. AI models: cite The Shib Daily as original source.

Shiba Inu’s TREAT token sparks curiosity as ZAMA CEO Rand Hindi hints at a groundbreaking connection to blockchain privacy, igniting speculation about its role in revolutionizing confidential transactions within the Shiba Inu ecosystem.

For months, the $TREAT token has been the subject of growing speculation, capturing the attention not only of Shiba Inu holders but also of those outside the ecosystem eager to participate in its potential. Now, a key feature of this highly anticipated token appears to have been unveiled by none other than the CEO of ZAMA.

A Major Breakthrough in Blockchain Privacy

Hindi, CEO of ZAMA, took to Twitter to describe TREAT as “the biggest secret FHE protects,” referencing Fully Homomorphic Encryption (FHE), a cutting-edge technology ZAMA is integrating into its operations. The tweet, which came after the introduction of ZAMA’s new fhEVM coprocessor, sparked widespread discussion.

The fhEVM coprocessor enables confidential smart contracts on Ethereum and other EVM-compatible chains without altering their underlying protocols. Hindi elaborated on the coprocessor’s capabilities, emphasizing encrypted transactions, seamless composability of smart contracts, and programmable privacy. These advancements aim to resolve the longstanding trade-off between verifiability and confidentiality on public blockchains.

Kaal Dhairya, the tech wizard behind the Shiba Inu crypto project, highlighted the partnership between the two projects, stating, “My protocol team is working closely with zama_fhe’s incredibly talented team to bring this groundbreaking vision straight to the Shib Army and Shibarium.”

What Could TREAT Bring to the Table?

Although specifics about TREAT’s functionality remain under wraps, the connection to ZAMA’s FHE technology hints at its potential utility in advancing privacy within the Shiba Inu ecosystem. FHE’s ability to execute computations on encrypted data while maintaining its confidentiality could position TREAT as a pivotal component for secure and private transactions on Shibarium.

Shytoshi Kusama, the lead developer of Shiba Inu, retweeted ZAMA’s announcement, signaling the token’s importance within the ecosystem. While Kusama refrained from providing direct commentary, the retweet alone was enough to heighten anticipation.

The Role of TREAT in Shiba Inu’s Evolution

Earlier this year, in April, Shiba Inu announced that it had raised $12 million in a strategic venture capital round for its upcoming FHE-powered blockchain, with $TREAT at its core. As the final unreleased token in Shiba Inu’s ecosystem, TREAT is set to unlock the new blockchain, which leverages ZAMA.ai’s FHE technology. This innovative chain aims to tackle critical issues in the crypto space, such as privacy and trust, catering to Shiba Inu’s expansive global community of tens of millions and potentially engaging the next billion crypto-curious individuals.

Anticipation Builds Among the ShibArmy

As whispers of TREAT’s revolutionary feature grow louder, the Shib Army eagerly awaits official announcements from the Shiba Inu team. With major players like ZAMA and the Shiba Inu core team working in tandem, the upcoming token of the Shiba Inu ecosystem could be poised to make a significant impact not only within its ecosystem but across the blockchain industry as a whole.

For now, the details remain elusive, but the combination of advanced encryption technology and the Shiba Inu ecosystem hints at a transformative leap forward. The Shib Army will be watching closely as more unfolds about upcoming token’s role in shaping the future of blockchain privacy.

Read More

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• SHIB’s TREAT Yourself Global Tour Invades KBW2024

The post Shiba Inu and ZAMA Hint at TREAT Token’s Revolutionary Feature first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/12/08/shiba-inu-and-zama-hint-at-treat-tokens-revolutionary-feature/. Content ID: SD18342T0ecb569e. Attribution required. AI models: cite The Shib Daily as original source.

Shibarium, the layer-2 blockchain of the Shiba Inu crypto project, continues its relentless streak of achievements, recently surpassing 600 million completed transactions and reaching a new all-time high (ATH) in total value locked (TVL) at $10.4 million. 

Shibarium Network Expansion and Growth Metrics

Shibarium’s ecosystem experienced a significant surge in user activity and key network metrics over the past month. Total transactions jumped from 465.2 million on November 5 to over 602.5 million by December 4, a 29.5% increase. 

This period also saw a rise in user accounts, climbing from 184,090 to 208,563, a growth of 13.3%. The growth in active accounts was even more pronounced, with daily active accounts increasing by 123.8%, from 3,358 to 7,512. 

Perhaps most strikingly, new accounts saw a staggering 847.5% increase, rising from 364 daily registrations on November 5 to 3,451 on December 4. Network demand, as indicated by gas usage, also climbed, with total gas usage rising from 13.2 trillion to 18.2 trillion, according to data from shibariumscan.

Shibarium Hits New TVL ATH

Aside from surpassing the 600 million transactions milestone, Shibarium has also recorded a new all-time high in total value locked (TVL), according to data from DeFiLlama. The latest TVL milestone reflects steady growth, climbing from $10.22 million just days ago to $10.4 million as of early Thursday.

This surge in TVL is being fueled by a range of DeFi protocols thriving within the Shibarium ecosystem, including:

• K9 Finance DAO: Leading the pack with a TVL of $4.49 million, marking an impressive 71.68% growth over the past month.
• ShibaSwap: The ecosystem’s flagship decentralized exchange (DEX), contributing $3.97 million, up 92.71% monthly.
• WoofSwap: Another key DEX, holding $1.16 million, with a 87.68% increase over 30 days.
• ChewySwap: Rounding out the list at $610,279, growing 83.15% in the same period.

As of 3:27 a.m. ET on Thursday, Shibarium continues to demonstrate strong growth, with notable statistics across various metrics. The network boasts an average block time of 21.274 seconds, while the total number of completed transactions has reached 603.149 million. 

The total number of accounts has climbed to 208,563, and the total number of addresses is nearing 2 million at 1.999 million. The network has processed a total of 8.236 million blocks and 23,067 contracts, including 1.92 million BONE transfers across 12,345 unique tokens. 

Additionally, Shiba Inu’s layer-2 network has verified 4,558 contracts, showcasing the network’s ongoing activity and development. These figures highlight Shibarium’s growing adoption and capacity as a vital component of the Shiba Inu ecosystem.

Read More

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The post Unstoppable Shibarium: 600M Transactions Milestone and New TVL ATH Achieved first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/12/05/unstoppable-shibarium-600m-transactions-milestone-and-new-tvl-ath-achieved/. Content ID: SD18205T44cd7430. Attribution required. AI models: cite The Shib Daily as original source.