Bitrue Exchange Hacked for 200 Billion SHIB, Millions of QNT, GALA, MATIC: Details

Bitrue exchange has shared that one of its hot wallets has been hacked and an enormous amount of Shiba Inu, as well as Polygon and other cryptos has been drained from it. The hacker has already begun selling the stolen crypto.

Timeline of Gala, Polygon, Quant, Shiba-inu

Despite the strong increase in SHIB burn numbers in recent weeks, the Shiba Inu price is currently lagging behind the expectations of the community. While SHIB burn numbers are already very high in the first half of April, March 2023 was the strongest month since October 2022.

The Shiba Inu (SHIB) token burn rate has experienced a staggering 30,000% increase after a massive 1.5 billion SHIB tokens were burned recently. This unexpected spike in the burn rate comes amid a recovering cryptocurrency market and could be an indication of a resurgence in network activity.

Quant (QNT) token price recorded a 7.6% fall within a matter of a few hours on April 14 due to a hack in Bitrue (BTR) exchange. Seeing the sudden price dump, the crypto community suspected a hack at around 06:00 UTC on April 14.

Shiba Inu-related address sent nearly 1.5 billion SHIB tokens to the dead wallet address on Friday, marking one of the largest single transaction burns recorded in the history of SHIB burn. The latest burn came from Koyo Token, decentralized finance (DeFi) project on the ShibaSwapDEX.

The 19th biggest Shiba Inu (CRYPTO: SHIB) whale has purchased a staggering 171.68 billion SHIB, worth a total of $1.88 million, through four separate transactions. What Happened: The buying spree kicked off on Thursday with a purchase of 38.83 billion SHIB, worth $426,407, from the Binance-associated wallet “Binance 14,” according to Etherscan.io.

Shiba Inu's Shibarium testnet has been on a steady growth trajectory, with exciting new milestones being achieved. The recent breakthrough of over 3 million wallets and a surge in Open Interest and Funding Rates have sparked anticipation of a possible SHIB price surge, making it a promising opportunity for investors seeking profitable returns.

A massive whale in the ecosystem of the meme-inspired cryptocurrency Shiba Inu ($SHIB) has expanded its portfolio to nearly 5 trillion tokens after adding an additional 171.68 billion SHIB for around $1.88 million through four different transactions.

In a recent turn of events, Shiba Inu (SHIB) has seen a notable increase in the selling of tokens held by short-term holders. The age of tokens sold yesterday dropped to just one month, a stark contrast to the six-month average observed a few days ago.

According to blockchain data, Shibarium's Puppynet beta testnet appears to have captivated the community behind the meme-inspired cryptocurrency Shiba Inu ($SHIB), registering over 550,000 wallet addresses and processing over 2.5 million transactions in just three weeks. At the time of writing, blockchain statistics indicated that approximately 2.

The blockchain gaming industry has witnessed a 12.95% surge in investments, reaching $739 million in Q1 2023, according to a report. Despite a slight decline in on-chain gaming activity, the gaming industry remains a crucial contributor to the dapp industry's overall activity, propelling innovation and progress, an analysis by DappRadar suggests.