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Shiba Inu Lead Developer Gets A Harsh Response From “Can You Pet The Dog”

Mark Brennan
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Shiba Inu Lead Developer Gets A Harsh Response From “Can You Pet The Dog”

 

“Can You Pet The Dog” Shuns Shiba Inu Game, Shiba Eternity As It Wants Nothing To Do With Crypto Projects.



Can You Pet The Dog is not happy about being tagged by Shiba Inu, lead developer Shytoshi Kusama.

In a scathing tweet on Friday, Can You Pet The Dog, a Twitter account created by Tristan Cooper, made it clear that it wants nothing to do with any crypto project, calling NFTs a “planet-burning scam.”

“To make this clear: I want nothing to do with any crypto project, even if your blockchain ‘game’ has a pettable dog in it. Peddle your planet-burning scam somewhere else,” Can You Pet The Dog wrote.

Notably, these statements come after Shiba Inu’s lead developer, Shytoshi Kusama, tagged the Twitter account created to catalog games that allow players to pet dogs in a tweet yesterday. The tweet in question reveals that players of Shiba Eternity would be able to pet their Shiboshis [dogs] within the game. However, it is clear that Can You Pet The Dog wants nothing to do with it.

It bears mentioning that while Can You Pet The Dog’s comments may not dampen the excitement of the Shiba Inu community, they could hurt the ability of Shiba Eternity to reach a wider dog-loving audience outside the crypto space. Can You Pet The Dog presently has 534,000 followers on Twitter.

It is worth noting that the Shiba Inu community has been anticipating the launch of the card collection game since its announcement in December last year in partnership with Australian game developers PlaySide Studios. Notably, on Thursday, developers made the game Shiba Eternity available for testing for iOS users in Vietnam with hints of doing the same in Indonesia next.

As reported by The Crypto Basic on Tuesday, leaked chats reveal that lead developer Shytoshi Kusama is excited about the game. According to the texts, Kusama believes the game will be strategic and offer new possibilities.

Meanwhile, Shiba Eternity is expected to be the first in a long line of exciting developments in the Shiba Inu ecosystem this year as the community moves to shed its meme coin tag. Notably, Gossip Shib speculates that Shibarium, the ecosystem’s Layer 2 blockchain solution, will have a beta launch sometime at the end of September.

Shiba Inu remains the 15th largest crypto asset by market cap and is trading at the $0.00001285 price point.

Shiba Inu And BONE Becomes Top Trending Coins in Asia, USA, and Canada

Mark Brennan
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Shiba Inu And BONE Becomes Top Trending Coins in Asia, USA, and Canada

Shiba Inu and Bone are trending worldwide.


CoinGecko data shows that two tokens of the Shiba Inu Ecosystem, Shiba Inu (SHIB) and Bone ShibaSwap (BONE), became the town’s talk in Asia, the USA, and Canada this week.

CoinGecko, the world’s largest independent cryptocurrency data aggregator, recently revealed the “Top 10 Trending Coins of the Week” for Asia, the USA, and Canada. The most popular canine-themed cryptocurrency, Shiba Inu, and the Governance token of ShibaSwap Ecosystem, Bone ShibaSwap, make it to the list of top 10 for all three regions.

In Asia, Shiba Inu stands at the 5th position as the most trending coin, and Bone ShibaSwap occupies the 10th spot.

On the other hand, SHIB appears as the 4th most trending coin in the USA, and BONE manages to occupy the 7th spot.

 

At the same time, Shiba Inu became the 4th, and Bone ShibaSwap occupied the 10th spot as the most searched coin in Canada on CoinGecko.

Shiba Inu Ecosystem is gaining more traction these days as many critical developments are in play. Shiba Inu has recently launched a Mobile Beta Version of its much-anticipated Collectible Card Games (CCG) named “Shiba Eternity” in Vietnam. The rumors about the potential launch of Shibarium on August 15th are also surrounding on social media as Unification XFUND announced the estimated date of Mainnet Upgrade.

NOWNodes Adds Support for Shiba Inu Burn Portal Reward Token Ryoshi Vision (RYOSHI)

Mark Brennan
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NOWNodes Adds Support for Shiba Inu Burn Portal Reward Token Ryoshi Vision (RYOSHI)

 

The listing of RYOSHI will enable developers to build on Ryoshi Vision via NOWNode’s platform.


NOWNodes has announced that it has added support for Shiba Inu’s burn portal reward token Ryoshi Vision (RYOSHI). 

Following the listing of Ryoshi Vision, developers can now build on RYOSHI via NOWNode’s ETH nodes with a free API key. 

“Awesome news for RyoshiArmy. As we promised, Ryoshis_Vision is finally listed on NOW Nodes. We congratulate Ryoshis vision on its one-year anniversary & wish RYOSHI just a growth. Build on RYOSHI via our ETH nodes w/ a free API key,” NOWNodes tweeted. 

NOWNodes is a Blockchain-as-a-Service platform that provides developers access to over 50 blockchain’s full nodes and explorers via API. 

 

Ryoshi Vision’s Importance to Shiba Inu 

Meanwhile, RYOSHI is the official reward token for the Shiba Inu burn portal. In essence, the token is used to reward Shiba Inu investors for burning their SHIB tokens. The token was created by Wifey last year. 

Wifey highlighted the three objectives of RYOSHI in a press release: 

“Creating community-based initiatives and projects into utilities aligned with their core values, Incentivizing holders through deflationary tokenomics and built-in burn mechanism, as well as. encouraging the community to vote and take part in the project’s decision making (DAO).”

 

71,225 XRP Holders Now Stand With Ripple Against SEC, Deaton Says All XRP Investors Are Leaders Of XRPArmy

Mark Brennan
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71,225 XRP Holders Now Stand With Ripple Against SEC, Deaton Says All XRP Investors Are Leaders Of XRPArmy

 

The Amici attorney has commended XRP investors for their collaboration toward Ripple’s legal battle against the SEC. 



Attorney John Deaton, Amici’s attorney in Ripple vs. SEC lawsuit, has commended XRP holders for their unwavering support for the Silicon Valley tech company. 

In a tweet today, attorney Deaton referred to XRP holders as the leader of the XRPArmy, supporters of the Ripple project. 

XRP Holders Collaborate to Help Ripple

This came after Ripple’s enthusiasts, led by one Ashley Prosper, came together to respond to the SEC FOIA office regarding communications between JPMorgan and the Commission about Ripple. 

Prosper had initially received a response to his FOIA request from the SEC about the subject. However, he sought recommendations about the names of JPMorgan staff from the XRP community that should be added to his response. 

After receiving replies, Prosper was able to file his response to the SEC. 

Amused by the collaboration among XRP enthusiasts and their quest to support Ripple in the ongoing lawsuit, attorney Deaton said: 

“More proof that we are all the leaders of the XRPArmy.” 

 

XRP Investor’s Continuous Support for Ripple in the SEC Lawsuit

Members of the XRP community have solidly stood behind Ripple following its lawsuit with the Securities and Exchange Commission (SEC). 

Supporters of the Ripple project, referred to as XRPArmy, have been identifying loopholes on the part of the SEC, which could be useful to the blockchain company in the lawsuit. 

Aside from conducting private analysis of vital documents, XRP holders are rapidly joining the lawsuit via a class action filed by attorney Deaton against the SEC. 

According to attorney Deaton, there are now a total of 71,225 XRP holders who have joined the class action against the SEC. 

One Year After Burning Mechanism Launched, 2.5 Million Ethereum Worth $5B Burnt, Is ETH Becoming Deflationary?

Mark Brennan
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One Year After Burning Mechanism Launched, 2.5 Million Ethereum Worth $5B Burnt, Is ETH Becoming Deflationary?

 

About 2.1% of Ethereum’s circulating supply has been burned since the London hard fork.



A look at Watch the Burn, a platform that offers real-time data on Ethereum’s burn mechanism introduced with EIP-1559, also known as the London hard fork, in August last year, reveals that in one year, the network has burned over 2.5 million ETH (approximately $5.1 billion). It represents about 2.1% of the network’s circulating supply.

Further analysis shows that the Ethereum network has minted about 4.9 million ETH within the period, but EIP-1559 has made it so that only over 2.3 million ETH has been issued. As a result, the number of Ethereum that the network could have issued has been reduced by about 52.06%.

It is worth noting that while EIP-1559 is a deflationary measure, Ethereum remains inflationary. For Ethereum to be deflationary by burning mechanism alone, it will have to burn more than 2 ETH per block. This is because miners receive 2 ETH for each block they mine, but Watch the Burn data shows that, on average, the network burns less than 1.5 ETH per block.

However, this is about to change with the Upcoming Ethereum Merge that will see Ethereum’s annual issuance reduced from 4.3% to 0.43% in what analyst Lark Davis calls the Ethereum triple halving. According to Davis, at current prices, this move would lead to over $600 million in selling pressure removed from the market monthly as only about 1,300 new ETH would be created each day instead of the average of 13,000 today.

 

Additionally, the switch from the proof-of-work (PoW) consensus model to the proof-of-stake (PoS) means the network incentivizes validators who earn these rewards to hold on to and stake their rewards instead of dumping them. Consequently, this, combined with the Ethereum burn mechanism, means supply continues to decrease while demand rises, turning Ethereum into a deflationary asset.

It is worth noting that the Ethereum Merge is expected to occur sooner than previously predicted. As confirmed yesterday by Ethereum founder Vitalik Buterin, developers may be able to launch the Merge on the mainnet as soon as September 15 instead of September 19, as previously expected.

Ethereum, at the time of writing, is edging closer to the $2k price point, trading for $1,991 on mainstream exchanges.

Saint Vincent and the Grenadine Based Top Exchange, BlueBit_io Lists Shiba Inu

Mark Brennan
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Saint Vincent and the Grenadine Based Top Exchange, BlueBit_io Lists Shiba Inu

 

Saint Vincent and the Grenadines-based BlueBit.io added support for Shiba Inu (SHIB).



BlueBit.io, a multi-asset trading platform including cryptocurrencies, has recently listed Shiba Inu on its platform. The exchange hasn’t made any official announcement yet but the Shiba Inu fan, Candidate for US Senate, Shannon Bray, confirms that trading is live for Shiba Inu on the exchange website.

The Crypto Basic also verified that Shiba Inu trading is live on Bluebit.Prior to Shib listing, On August 7th, Blubit asked its community about the Shiba Inu listing.

 

Founded in April 2022, BlueBit.io is a no ordinary cryptocurrency exchange with offices in Saint Vincent and Dubai. The exchange comes up with a unique offering in the industry as it enables its users to trade all the financial instruments (Forex, CFDs, Stocks, and Cryptocurrencies) in one place with lower fees and increased security. The multi-asset trading platform currently supports more than 700 trading instruments in 7 asset classes, including major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), etc.

Dogecoin Founder “Most Shocking Since Squid Game Token” As Martin Shkreli Token Collapse Massively

Mark Brennan
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Dogecoin Founder “Most Shocking Since Squid Game Token” As Martin Shkreli Token Collapse Massively

 

Marcus reacted after the token’s value plunged yesterday. 


Billy Marcus, the co-founder of Dogecoin (DOGE), expressed shock over the massive plunge in Martin Shkreli Inu tokens yesterday. 

The token, launched by the infamous Martin Shkreli alias “Pharma Bro,” saw its value dip over 90% on Friday in what appeared to be an exit scam. 

According to the outspoken Dogecoin co-creator, the crash of the Martin Shkreli token is the most shocking thing that has happened since Squid Game (SQUID). 

 

 

SQUID was a memecoin launched after the popular Netflix series Squid Game. Many people invested in the project, thinking it was launched by the producers of the series. However, things ended badly for investors as the team behind SQUID pulled the rug on them. 

Martin Shkreli Inu’s collapse is different from SQUID’s. The cause of the massive plunge of Martin Shkreli Inu’s value came after an unidentified wallet dumped a massive amount of the tokens in the market. 

The wallet is believed to belong to Martin Shkreli. Per blockchain data, a crypto wallet dubbed 0xshkreli.eth moved 160 billion units of the tokens to the unnamed wallet yesterday, and it did not take long before the tokens were dumped in the market. 

Commenting on the development, Shkreli noted that he got hacked. 

Meanwhile, Shkreli has been notorious in the past. He was once referred to as the “most hated man” in the U.S. after hiking the price of a potentially life-saving drug in the country. Shkreli was arrested for securities fraud but gained his freedom earlier this year. 

A Quick Overview of How to Buy Bitcoin Near Me

Andrew MacGill
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A Quick Overview of How to Buy Bitcoin Near Me

Bitcoin is yet again crossing the headlines for being the cryptocurrency investment of choice. Hence, many investors are jumping in. You might be one of them. Investing in Bitcoin involves certain steps, for example, working with an exchange platform. To successfully buy Bitcoin, there are various tips to keep in mind. To become acquainted with some of them, here is a quick overview of how to buy Bitcoin near me. 

How to Buy Bitcoin Near Me Using NakitCoins 

Investing in Bitcoin can be done easily when using NakitCoins. All you have to do is have an account with NakitCoins and link up your wallet address and payment details, and you are good to go with trading. The platform is highly secure; therefore, you do not have to worry about your assets getting lost. Above all, they offer low transaction rates. 

Buy Bitcoin Using Coinbase 

Are you still searching for how to buy Bitcoin near me? Well, you can simply use Coinbase. This is an exchange platform that supports a majority of cryptocurrencies and has been up and running for quite some time now. Investing is simple; it starts with having an account and supplying your bank details to the platform. Within a short period, you can purchase your Bitcoins, which will be transferred to your Bitcoin wallet. 

How to Buy Bitcoin Near Me Using Paxful

How to buy Bitcoin near me can be accomplished by using Paxful. This is a peer-to-peer exchange platform, which allows its users to directly interact with Bitcoin sellers. The platform will connect you with potential Bitcoin sellers, but it will be up to you to carry out the trading. The benefit of this platform is that you may speak with the seller to choose the best possible price for Bitcoin, which increases the likelihood that you will get a decent bargain. 

Is Bitcoin Worth Investing in? 

Well, investing in Bitcoin generally depends on your financial goals and growth strategies. Over the past year, Bitcoin has seen numerous periods of growth and at the same time a great decline. Strategies for investing in Bitcoin will certainly depend on the market to increase its value. Nevertheless, cryptocurrency is known for its volatility. Therefore, when investing, always remember this. 

Tips to Know When Investing in Bitcoin 

There are several tips to keep in mind when searching for how to buy Bitcoin near me. They include the following. 

  •   Have a strategy for Bitcoin trading – With all the hype surrounding Bitcoin investment, one must step back and critically develop strategies that will help ease the entire buying process. These strategies include working with a reputable platform, a platform that is well known for offering quality services. 
  •   Stay committed for the long run – Daily Bitcoin price fluctuations can be fairly pronounced, and inexperienced traders are frequently fooled into panic selling when prices are low. Bitcoin won’t disappear any time soon. The best returns may come from investing in the Bitcoin market for several months or perhaps several years.

Conclusion 

How to buy Bitcoin near me can easily be achieved with the help of the discussed platforms. All you have to do is find the best suitable one. Follow the instructions given, and you will quickly receive Bitcoin in your wallet. 

Huobi Founder Denies Bloomberg Report Suggesting He Sought to Sell His Stake For $3B

Mark Brennan
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Huobi Founder Denies Bloomberg Report Suggesting He Sought to Sell His Stake For $3B

Huobi founder has denied reports that he wants to sell his Huobi stake.

Leon Li, the founder of Huobi, has denied Bloomberg’s report that he is in talks with foreign investors to sell his stake in the crypto exchange. 

Li dismissed the report as false, adding that there are no ongoing plans to transfer the majority of shareholders’ shares. He added that the company’s operations are still stable, which is in contrast to Bloomberg’s report. 

Bloomberg’s Coverage of Li’s Intention to Sell His Stake

Recall that Bloomberg reported earlier today that Li is liaising with international investors to sell a majority of his stake at the exchange for around $2 billion or $3 billion. 

Bloomberg cited anonymous sources in its report, who said: 

“[Li] hopes that the new shareholders will be more powerful and resourceful, and that they will value the Huobi brand and invest more capital and energy to drive the growth of Huobi.” 

According to the anonymous source, cryptocurrency entrepreneurs, Justin Sun and Sam Bankman-Fried, are among those willing to buy Li’s Huobi stake. 

Someone Just Transferred 4000 Bitcoin to Crypto Exchange Gemini

Mark Brennan
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Someone Just Transferred 4000 Bitcoin to Crypto Exchange Gemini

 

Whale Alert: Someone Just Transferred 4000 BTC to Crypto Exchange Gemini.


Bitcoin has been trading within the $23,000 level over the past few weeks after another unsuccessful attempt to break above it. Recent data showed an uptick in BTC transfers as 61,179 Bitcoins were added from cold wallets to centralized exchanges in the past 30 days, indicating that the price might take a while to break out. 

Someone Transferred 4000 BTC to Gemini

Earlier today, a high-net-worth crypto trader moved thousands of Bitcoin (BTC) to Gemini, one of the leading cryptocurrency exchanges in the industry. 

According to Whale Alert, 4000 BTC worth $95,000 was moved from an unknown wallet to the crypto trading platform. 

Since May, the crypto industry has experienced massive sell-offs due to the recent market slump that hit the entire global financial market, hitting investors with enormous losses. 

The current market conditions spurred by the catastrophic collapse of Terra (LUNA) blockchain in May have caused adverse negative chain reactions in the industry, with most of the top companies in the space, like Three Arrows Capital (3AC) and Voyager Digital going bankrupt and suspending its services. 

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