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Tag: Partnership

Shibarium ID to Launch Next Month, Pioneering Web3 Domain Trading on Shibarium Network
Shiba Inu

Shibarium ID to Launch Next Month, Pioneering Web3 Domain Trading on Shibarium Network

In an eagerly anticipated move, Shibarium ID, a startup dedicated to building a platform for .shib domain names, has announced its forthcoming launch, expected as early as next month. This innovative platform will be seamlessly integrated with Shiba Inu's newly launched Shibarium network, marking a significant milestone as one of the pioneering Web3 domain trading platforms to support layer-2 solutions. Read Also: Shiba Inu's Partner, Bad Idea, Unveils Design for Branded Tangem Wallet https://twitter.com/ShibariumID/status/1706864867615944746 Backing from Proof of Human Shibarium ID boasts backing from Proof of Human, a venture capital company based in Wyoming, with a specialized focus on investments in digital identity startups. The overarching goal of Proof of Human is to create ...
Akai Token Burns Over 800 Million Shiba Inu (SHIB) Tokens, Sparking Surge in Burn Rate
Shiba Inu

Akai Token Burns Over 800 Million Shiba Inu (SHIB) Tokens, Sparking Surge in Burn Rate

Akai Token (AKAI), a newly-emerged project, has caught the attention of the crypto community as it conducted an epic burn spree, eliminating a staggering 804 million SHIB tokens from circulation. The burn spree, initiated by Akai Token, has caused the overall burn rate to skyrocket by 8991.55% in the past 24 hours, according to data from Shibburn.com, a popular data-tracking platform. The burn spree began precisely at 02:03:23 AM +UTC on July 10th when Akai Token sent a modest 313,739 SHIB to the dead wallet in a single transaction. However, this was just the start, as Akai Token continued conducting multiple transactions to remove millions of SHIB tokens from circulation. As of the latest update, Akai Token has successfully burned 803,965,517 (803.96 million) SHIB through 102 separate ...
SHIB Burn Rate Soars Over 1,800% as Shiba Inu Community Ramps Up Efforts
Shiba Inu

SHIB Burn Rate Soars Over 1,800% as Shiba Inu Community Ramps Up Efforts

In a recent turn of events, the burn rate of SHIB, the second-largest meme coin, has experienced a remarkable surge, providing a glimmer of hope to its dedicated community. Data shared by the Shibburn explorer reveals that within the past 24 hours, an impressive 50,258,924 SHIB has been successfully burned. Despite the relatively low value of this stash, estimated at $378, the significance lies in the demonstration of the community's commitment to reducing the circulating supply of SHIB, thereby increasing its scarcity. Read Also: Terraport Security Breach Unveils Significant Developments and Raises Questions About TerraCVita's Monitoring Efforts The burning of tokens, a popular practice within the cryptocurrency world, involves sending coins to wallets where they cannot be spent or ...
Shiba Inu Unveils Partnership With Bugatti Group With A lot of Details
Shiba Inu

Shiba Inu Unveils Partnership With Bugatti Group With A lot of Details

In a recent tweet, Shiba Inu declared another partnership with a longstanding luxury accessory and luggage brand Bugatti Group. More also, the tweet revealed that the partnership will see the Bugatti Group host a special “mint party” to introduce a collection of NFTs and physical items for The Shiboshis NFT genesis holders. The Twitter space is slated for midnight UTC on January 15. Read Also: SentBe, Ripple's Partner, Launches An International Money Transfer Service In United State. https://twitter.com/Shibtoken/status/1612956275729465344 Details About Shiba Inu's Partnership With Bugatti Group Notably, the update about the partnership was shared by the Shiba Inu team on Sunday as a picture of handbags with Shiboshi designs. The team said in the thread today that the ...