CryptoRelief, founded by the Polygon’s (MATIC) cofounder Sandeep Nailwal, has recently made a decision to send 100 million of Shiba Inu (SHIB) funds back in the form of USDC to Vitalik Buterin’s wallet.

The decision is made in order to do the fast deployment in high-risk/reward projects.

Sandeep Nailwal thinks that Vitalik Buterin, being non-Indian, can make a quick decision to deploy these funds in projects which have higher risk but high rewards too compared to CryptoRelief, as the firm has been extra cautious to be in full compliance with Indian jurisdiction, despite the fact that Cryptorelief entity is based out of India.

Following this news, the leading developer of the SHIB ecosystem responded to Vitalik Buterin’s tweet and says: “Thank you for continuing to advance this important cause.”

Continuing the Thank you message, Shytoshi Kusama proposed the co-founder of Ethereum (ETH), Vitalik Buterin, and the co-founder of Polygon (MATIC), Sandeep Nailwal to work together on this important cause i.e., deployment of COVID Projects worldwide, and the SHIB team would feel happy to be involved in this charge.

Concluding his message, Shytoshi Kusama explains that their vision is not limited to the SHIB token only and isn’t a meme anymore.

Thanks for continuing to advance this important cause but how about you work WITH US and not just with our token. .@VitalikButerin & .@sandeepnailwal . Our DMs are open and we'd be happy to be involved in this charge. Let us know. Or you could keep thinking we're just a meme… https://t.co/H7hggI34eR

— Shytoshi BEANsama™ (@ShytoshiKusama) January 28, 2022

However, the Shytoshi tweet hasn’t received any response from both personalities yet. But if they did, this can be proved “Super Bullish” News for SHIB.

At the time of writing, the price of Shiba Inu (SHIB) is trading at $0.00002148 USD, up more than 2% for the day. However, the 24-hours volume for the token plunges more than 25% to $540,006,754.31 USD compared to the previous trading session. Shiba Inu (SHIB) is currently the 15^th biggest cryptocurrency in the world in terms of market capitalization as per CMC data.

Ethereum whale-monitoring bot WhaleStats recently reported that Shiba Inu (SHIB) has just flipped FintruX Network Price (FTX) and becomes the biggest token position by dollar value among the top 1000 ETH Wallets.

Following the report, the total ETH Whales’ holding now surpassed 2 billion dollars and currently stands at $2,806,528,218.

JUST IN: $SHIB had flipped $FTX to be biggest token position by dollar value among the top 1000 ETH wallets ??

? Total hodling value passed $2B : $2,806,528,218#SHIBARMY, Woof! Woof!

Whale leaderboard: https://t.co/28TDZ70IkD

#Shibainu #SHIBerse #SHIBARMYSTRONG pic.twitter.com/UlPwzOx9cT

— WhaleStats – the top 1000 Ethereum richlist (@WhaleStats) January 29, 2022

The love of Ethereum Whales’ for SHIB increased after the team behind the SHIB released some back to back surprising announcements which includes:

Shiberse is coming in 2022, which will take SHIB to the new heights. However, the official name for Shiberse is not decided yet. According to the team, SHIB will announce it soon.

SHIB recently released a teaser with lot of television screens with SHIB logo zooming in and contains the words:

“Attention… Something is Cooking. Will you be ready?” which hints some type of big partnership coming into the scene.

Following the teaser most of the comments poured in with the guesses. Some says its McDonalds, some says its Burger King, etc. but during a Q&A session with users on Discord, Shytoshi Kusama, the pseudonymous developer of SHIB rejected the idea and said it doesn’t have to do anything with restaurant chains leading the way to believe it could be a Netflix collaboration.

However, the curtain from the secret is not unveiled yet. We have to “Wait and Watch” until the SHIB team themselves made the secret public.

John Deaton said Ripple supporters may have to wait until next year before a verdict is given in the  lawsuit filed by the Securities and Exchange Commission (SEC) against the project.

Deaton, who is currently representing more than 65,000 XRP holders, recently took to Twitter to respond to recurring questions from the XRP community about when the SEC v Ripple case will come to an end.

According to the attorney, the XRP community may see the case resolved either by settlement or judgment in the next 90 days only if the judge rules that the SEC internal document be produced or that the documents do not have to be produced to Ripple. 

Reason for the Delay 

However, the mixed ruling, made by the judge stating that the SEC does not need to produce all the documents, could drag the case on for the next few months, adding: 

“Today’s decision on allowing the SEC to file a motion to reconsider is terrible news related to the timing issue. Without question, today’s decision will cause more delay.” 

Narrating how the lawsuit will be delayed, Deaton said motion papers will be served on February 25, 2022, with the judge expected to take up to two weeks to issue a ruling. 

The losing party will be left with no choice but to appeal the ruling in another 14 days, pushing the lawsuit to mid-April, while Judge Torres may likely take another 30 days or more to reconsider the appeal.  

SEC Lawsuit is a Weapon 

Deaton noted that even though interlocutory appeals for matters related to discovery motions are not allowed, there is a tendency that the SEC may attempt to file one, causing a delay of another 60 days or more. 

Ripple’s attorney said the lawsuit filed against Ripple is nothing but a weapon, adding that the SEC is not planning to enforce security laws as claimed. 

Since the SEC objected to his Writ of Mandamus, giving the court the power to validate whether Ripple is a security, the regulator would have submitted the relevant documents, which would enable the court to test the validity, Deaton said. 

“I submit to the Court and the World, delays hurt #XRPHolders more. But that seems to be lost on everyone – except us,” Deaton concluded.  

Recall that the SEC, in December 2020, charged Ripple with selling $1.3 billion in unregistered securities and the case has been ongoing ever since. 

A Bradenton restaurant named Willy-Yums has announced that customers can now pay for their favorite hot dog sandwiches using popular cryptocurrency dogecoin (DOGE). 

Customers who want to purchase Willy-Yums hot dog can scan the restaurant’s Dogecoin QR payment code from their wallet app. 

Commenting on why it chose to add Dogecoin to its list of payment methods, restaurant owner Rob Williams said he was attracted to the cryptocurrency due to its design, which has a mascot dog that corresponds with its hot dog business. 

Williams said he got drawn to Dogecoin due to the hype around the cryptocurrency. 

“They call it the people’s coin. It’s inexpensive. It’s easy to get. It’s easy to share. It’s simple,” Williams said. 

DOGE Customers to Get 50% Discount  

Although the cryptocurrency was added to Willy-Yum’s payment method a few months back, Williams said people had not been using it to make purchases for the sandwich because of a lack of awareness.. 

Williams believes more customers will be utilizing the payment method in the coming months as cryptos become more popular. 

In a bid to get more people to use the payment method, Willy-Yums said customers will get a 50% discount by next month when they make payment for their hot dog sandwiches using the cryptocurrency. 

Increase in Dogecoin Payment

Dogecoin payments have been enabled on different platforms, with many companies still considering adding the cryptocurrency to their list of payment methods. 

As reported, a top United States burger restaurant, MrBeast Burger, teased customers that it might accept DOGE payments for its sandwiches.