CRYPTO TECH

The recent upsurge in the price of Shiba Inu came following a series of initiatives launched by the Shiba Inu development team.

The recent bull run in the cryptocurrency market led by the Bitcoin price rally fostered progress in many crypto assets, with XRP crossing a crucial psychological price mark for the first time in three months.

The Shiba Inu development team unveiled a new initiative this week as part of its goal of transforming SHIB into a more decentralized ecosystem.

Considering the disclosures of FTX advisors, it looks like privacy and anonymity are not at all guaranteed, particularly in centralized crypto exchange platforms like Sam Bankman-Fried's FTX.

Based on the post, the upcoming initiative may have something to do with Shiba Identity since it mentioned that those interested need to submit basic contact information.

Engineers of cryptocurrency exchange platforms are being targeted by the Lazarus Group using the novel macOS malware known as KandyKorn.

Block's Bitcoin revenue represented 43% of its $5.6 billion total revenue, driven by heightened consumer demand and positive spending, boosting its overall Q3 growth.

The SEC's enforcement action came a few months after PayPal officially launched its stablecoin dubbed PayPal USD (PYUSD).

The Shiba Ecosystem marketing specialist teased about another initiative dropping next week, which she described as another pioneering feature of ShibaSwap 2.0 aside from the Shiba Name Service.

Kusama disclosed that they could have owned a French luxury sports car Bugatti instead, they decided to invest the money in the development of "Shiba Eternity."

The value of XRP started to surge 10% over the weekend leading to its price reaching the $0.60 price level for the first time since Aug. 16.

The HUB, announced during the Blockchain Futurist Conference 2023 in Canada in August, is a super app founded on the framework of Shibdentity.

Budorin, who is a cybersecurity expert and currently leads a team of over 120Hacken talents, said that even though Shiba Inu and Pepe have proven it was possible to earn big money in crypto, the get-rich-quick mindset of some investors as well as their fear of missing out often allowed them to overlook the red flags in a crypto project.

Aside from its price, SOL's volume has also dropped marginally since last week, which indicates investors are reluctant to sell their Solana stash.

Ripple Swell is the flagship two-day event of the blockchain firm that centers on "discussions on topics that are most important to the finance industry today."

Over the weekend, Kusama penned a lengthy cryptic post on the Shibarium Tech Telegram channel, highlighting the intent to show to the world who the Shib Army is and what the community is capable of.

If Dogecoin were to be integrated into the financial system of X, it would strengthen its position as a legitimate cryptocurrency and foster mainstream adoption.

The prevailing sentiment among developers, as voiced by Prysm developer Potuz, was that "there is no way we are forking mainnet in 2023."

The spoof Blockworks website shows a fake breaking news report of a multimillion-dollar approvals exploit on Uniswap, a decentralized crypto exchange platform, and entices users to a fake Etherscan website to bypass approvals.

Bankman-Fried, whose case has faced intense scrutiny due to explosive testimonies from former colleagues in recent weeks, will take the stand following the testimony of three defense witnesses.

Binance CEO Changpeng Zhao said, "Technical issue with a middleware service impacting withdrawals," while assuring the community that funds were safe.

Legitimate charities offer transparent details of their organization, as well as the usage of the funds donated.

Titled "Don't Trust...Verify," the documentary shows the journey of Bitfinex CTO and Tether CEO Paolo Ardoino to El Salvador, where he collaborated with community leaders, government officials and BTC evangelists who work tirelessly on the adoption of Bitcoin in the country.

The project used USDC-based rewards after it officially launched, which it said was a "transitional phase" that was now coming to an end.

The lead developer teased about the proverbial "quiet before the storm," seemingly hinting at the possibility of announcing and eventually launching new initiatives while explaining their vision for LEASH.

Bitcoin's resurgence over the weekend, which continued at the start of the week, allowed MicroStrategy to nullify all of the losses it had incurred when BTC traded at $30,687.28.

After reports were released revealing that Hamas and its ally, the Palestinian Islamic Jihad, received around $90 million worth of crypto in funding, Chainalysis released a blog, noting that the reports might have overblown metrics and used "flawed analyses."

The top developer announced his resignation from the Lightning Network's development and its various implementations, and his departure has been a hot topic on social media.

Aptos has not yet revealed the precise reason for the lengthy on-chain disruption