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Shiba Inu Burn Rate Spikes 10,900%, Days After Shibarium Beta Goes Live

www.benzinga.com

Shiba Inu's (CRYPTO: SHIB) burn rate spiked by 10,900% in the last 24 hours, days after the Shibarum beta launched. What Happened: Data from Shibburn reveals that in the last 24 hours, 934 million SHIB has been transferred to a dead wallet.

Read in Full: www.benzinga.com
Bitcoin SHIB
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Bankrupt Crypto Lender Voyager Sends Additional 270 Billion $SHIB to Coinbase - CryptoGlobe

Bankrupt cryptocurrency lender Voyager Digital has sent an additional 270 billion tokens of the meme-inspired cryptocurrency Shiba Inu ($SHIB) to the Nasdaq-listed cryptocurrency exchange Coinbase, alongside other tokens including Ethereum's ether.


Shiba Inu Whale Abruptly Moves 800,215,912,624 SHIB As Dogecoin-Rival Developer Dispels Code Rumors - The Daily Hodl

A Shiba Inu (SHIB) whale is abruptly moving hundreds of billions of tokens as a project developer debunks rumors that Shibarium, the ecosystem's new layer-2 protocol, utilizes stolen code.


Over 3,800,000,000 Shiba Inu (SHIB) Disappears As Burn Rate Explodes 1,131% Following Shibarium Beta Release - The Daily Hodl

More than 3.8 billion Shiba Inu (SHIB) tokens were burned and permanently eliminated in the five days following Shibarium's beta launch. According to the Shiba Inu burn tracking site Shibburn, SHIB's burn rate exploded by 1,316.


Shibarium Scandal Sparks Fear of Death Rally for Shiba Inu! Analyst Maps Upcoming Levels For SHIB Price - CoinPedia

After being accused of being a clone, Shibarium, a Layer-2 solution for the Shiba Inu cryptocurrency, has caused turmoil within the community, leading to a sharp collapse for Shiba Inu, which has emerged as one of the dominant meme coins after Dogecoin.


SHIB Burn Rate Drops By 100%; Over 800 Billion SHIB Unstaked; What's Happening? - Coingape

Shiba Inu Coin News: Shiba Inu's (SHIB) upcoming Shibarium blockchain has already landed into controversy. It is alleged that the Shiba Inu developers have copied Rinia which is a different project.


Shiba Inu Price Prediction as Rumors Emerge That Shibarium Code was Stolen – What Will Happen to SHIB? - Cryptonews

The Shiba Inu price has fallen by 4% in the past 24 hours, dropping to $0.00001057 after the emergence of claims that code for the Shibarium layer-two network had been copied from the Rinia blockchain.


Shiba Inu Metaverse team launch new website and visuals, sparks optimism for SHIB prices despite a lead developer blunder - CryptoNewsFlash

The Shiba Inu team has announced that there is a new shib.io website, debuting a new and improved Shib the metaverse branding.  There was a mistake with Shibarium Beta chain ID, the Shiba Inu developer also revealed.


Crypto YouTuber BitBoy Vows to Dox Shiba Inu (SHIB) Founder in Coming Days - CoinPedia

The latest Shibarium Layer 2 scandal has attracted negative attention to Shiba Inu (SHIB) and the $BONE ecosystem. With the Shibarium layer 2 developers accused of source code copyright infringement, investors have been fleeing the networks at an unprecedented rate.


270,000,000,000 Shiba Inu (SHIB) Abruptly Sent to Coinbase by Embattled Crypto Lender: On-Chain Data - The Daily Hodl

Bankrupt crypto lender Voyager Digital moved 270 billion Shiba Inu (SHIB) tokens to top US crypto exchange Coinbase in a 12-hour period this week, according to the blockchain security firm Peckshield. Those 270 billion SHIB tokens were worth about $3 million at time of transfer.


Shiba Inu Developer Admits Mistake With Shibarium Beta After Backlash From Community, Says Will Fix Within A Week - Benzinga

Shiba Inu (CRYPTO: SHIB) developer Kaal Dhairya has admitted to making a mistake regarding the Shibarium Beta chain ID after the community accused the team of stealing the Rinia chain ID. What Happened: Dhairya, on Thursday, acknowledged his mistake of not rechecking at the time of the PuppyNet network launch and confirmed that the chains were not registered at that time.

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