Shytoshi Kusama, the mysterious figure behind Shiba Inu, has hinted at an upcoming announcement that he describes as the most significant in the project’s history.
After collaborating on a recent Solana-based initiative, Kusama plans to take a brief hiatus before refocusing on SHIB and its ecosystem tokens, including BONE, LEASH, and TREAT.
In a shift from his previous leadership position, Kusama recently stepped down as the main visionary of Shiba Inu.
He now serves as the project’s lead ambassador, reflecting a move toward decentralized management as the ecosystem matures.
Meanwhile, the SHIB burn rate has taken a sharp hit, dropping by nearly 90% over the past day, according to Shibburn.
Just over 1.1 million SHIB tokens were burned in a single transaction, marking a significant slowdown in reducing the circulating supply.
Ripple’s president, Monica Long, is drawing attention to the growing role of stablecoins in global finance, emphasizing that businesses can no longer afford to sideline them.
Gemini has taken a critical step in its European expansion strategy by securing regulatory approval to offer crypto derivatives throughout the European Union.
BlackRock is ramping up its engagement with U.S. regulators, meeting with the SEC’s Crypto Task Force on May 9 to present its growing suite of digital asset products and to push forward conversations around the evolving regulatory landscape.
Defiance ETFs has proposed four innovative exchange-traded funds (ETFs) that focus on leveraged strategies targeting the price movements of Bitcoin, Ethereum, and gold.