Following a near $200 million hack on the BitMart exchange, the Shiba Inu (SHIB) community and crypto exchange Huobi Global aim to help the exchange strengthen security and track inflows of stolen assets.On Dec. 5, crypto exchange BitMart became victim to a hot wallet compromise hosted over the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains. As a result, the hackers … [Read more...] about Huobi and Shiba Inu community to help BitMart overcome $200M hack
Shiba
Shiba Inu interest tapers as transaction count in November drops by 40%
Interest in controversial meme token Shiba Inu appears to be waning as on-chain analysis shows significant drops in investor activity.According to blockchain analytics firm Bloxy, both the number of transactions and volume for November fell compared to the previous month. With the transaction count falling by over 40%.Since bursting into the top 20 in October, Shiba Inu has … [Read more...] about Shiba Inu interest tapers as transaction count in November drops by 40%
Shiba Inu makes a comeback, but are meme coins sustainable long term?
Shiba Inu hit a two-week high on Tuesday, of $0.00005463, before profit-taking gave up most of the gains to close the day at $0.00004729.Source: SHIBUSDT on TradingView.comFollowing an incredible October, in which $SHIB peaked at+ 1,140% on October 28, it’s been downhill for the Dogecoin rival since.$0.00003807 marks a critical level of support for Shiba Inu, having bounced off … [Read more...] about Shiba Inu makes a comeback, but are meme coins sustainable long term?
Retail piles into Shiba Inu while institutions remain unfazed by market volatility
While Bitcoin and Ethereum prices successfully held their rebound from last week’s sell-off, Shiba Inu surged following Kraken listing.Crypto investment products recorded inflows totaling $306 million last week, as Bitcoin saw the largest inflows in five weeks, the latest report from CoinShares revealed.However, price pressures led total assets under management (AUM) to … [Read more...] about Retail piles into Shiba Inu while institutions remain unfazed by market volatility
Crypto Exchange Kraken to List Shiba Inu, Fulfilling Nov. 1 Twitter Promise as SHIB’s Fortunes Fall
Cryptocurrency exchange Kraken will support the popular, Ethereum-based memecoin shiba inu (SHIB), which is expected to begin trading Tuesday, the company said in a blog post on its website Monday.The announcement comes less than a month after Kraken failed to fulfill a promise in listing SHIB after its crypto platform product lead Brian Hoffman issued a Twitter “likes” … [Read more...] about Crypto Exchange Kraken to List Shiba Inu, Fulfilling Nov. 1 Twitter Promise as SHIB’s Fortunes Fall