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Shiba Inu

Kabosu, Shiba Inu behind viral Doge Meme is no more

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Kabosu

Internet sensation Kabosu dies at 14. The announcement was made by Kabosu’s owner. Kabosu’s owner expressed gratitude for the support and love for her pet. Kabosu, the internet sensation Shiba Inu behind the viral Doge meme, has died at the age of 14. Social media users worldwide are mourning the loss of Kabosu, who gained … Read more

Elon Musk introduces new Twitter CEO, says he is ‘amazing’

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Elon Musk

Elon Musk has finally found a CEO for Twitter. Musk’s picture shows his Shiba Inu dog sitting on the CEO’s chair. Musk fired Chief Executive Officer Parag Agrawal. Elon Musk, the billionaire, has identified Twitter’s “new CEO,” and he is “so much better than that other guy,” according to Musk. Musk exposed the world to … Read more

Shiba inu Kabosu who inspired ‘doge’ suffers with leukaemia

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Kabosu

Kabosu, the dog who created “doge,” has liver and leukaemia. Kabosu’s 2010 photo with folded paws and a perplexed expression went viral. After Christmas Eve, the shiba inu stopped eating and drinking. Kabosu, the well-known dog on the internet that created the “doge” meme and had a significant impact on digital culture for ten years, … Read more

Shiba Inu coins can be purchased on Robinhood now

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Shiba Inu

The shibheads’ wait is over: Robinhood is now allowing consumers to purchase and sell Shiba Inu coin, a popular cryptocurrency whose fans have been pleading with the online brokerage to list it. On Tuesday, Robinhood announced the launch of four new cryptocurrencies to its trading app: compound, polygon, and solana. Robinhood’s chief brokerage officer, Steve … Read more

What are the best penny cryptocurrencies to invest in 2021

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cryptocurrencies

Cryptocurrencies view a boom during 2021. Altcoins, DeFi blue chips, and even meme coins saw their worth more than twice in a few days to months. This increase in their worth is something that occurs throughout each successful cycle.

Altcoins usually grow during the successful point and have a greater rate of return with an even greater risk.

However, it is not easy choosing altcoins meanwhile they are a dime a dozen, let alone penny cryptocurrencies.

You can see the top five penny cryptocurrencies to purchase in 2021.

DOGE (Dogecoin):

The innovative meme currency.

SHIB (Shiba Inu):

The dog-themed crypto has moved on from riding testimonial surfs and launched its own DEX.

XRP (Ripple):

The payment token has enormous potential to pop off if they win the ongoing proceedings.

XLM (Stellar):

However similar to XRP in several cases, XLM might hugely profit if the outcome of the SEC v. Ripple is negative.

VET (VeChain):

The blockchain that is by now helping cleaning the oceans has newly moved into the $1 billion pet food business in China.

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Poly network gets hacked and faces a loss of $600 million

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Poly network

Poly Network is decentralized finance (DeFi) firm, which publicized that hackers were able to steal much more than $600 million costs of several cryptocurrencies managed on the Binance Smart Chain, Ethereum, and Polygon blockchains.

This could be one of the biggest cryptocurrency-related heists.

If the total of that $600 million in assets managed on those chains was in fact cooperated. Poly Network didn’t share data about how much was stolen, but it did share the types of cryptocurrency taken by the hackers, CoinDesk reported.

Among those on the list are, Wrapped Bitcoin (WBTC), Wrapped Ethereum (WETH), RenBTC, Dai, Uniswap (UNI), Shiba Inu (SHIB), FEI, and USD Coin (USDC).

Poly Network public a list of wallets related to the theft and advised “miners of affected blockchain and crypto exchanges” and also “token issuers” to “blacklist assets coming from” those addresses to avoid the stolen coins from being spent. At least some of those groups, such as Tether, have fulfilled that demand.

According to a study conducted by CipherTrace, Poly Network’s statement came just after Reuters informed that “losses from theft, hacks, and fraud” in the DeFi industry touched “a record $474 million from January to July”. Over the course of a single morning, this hack might have more than doubled those figures.

“HsakaTrades” stated that the hacker is tipping individuals who offer them beneficial info, and showed that many individuals are texting the hacker to toast them on the theft. But then some of those celebrations might have been sudden. Much of the reaction to this hack has played out on Twitter.

Blockchain Security Company called SlowMist claimed to have “tracked down the attacker’s ID” also “their email address, IP information, and device fingerprint”. It didn’t take much time before the hacker pressured them to return what they stole and then were pressed criminal charges for the theft.

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Dogecoin 10% up after Elon Musk changed his Twitter profile picture

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dogecoin

After Tesla CEO Elon Musk updated his Twitter profile picture to indicate his support for the meme cryptocurrency, Dogecoin price jumped 9.7% overnight to $0.19.

Musk’s new profile photo is a headshot of him wearing mirrored aviators with a reflection of the Shiba Inu meme, which is the inspiration for Dogecoin.

Musk’s use of “Doge eyes” to show his support for Dogecoin is most likely a reference to Bitcoin’s #LaserRayUntil100k meme, in which users add laser eyes to their social media profile images to show their support. Musk was a part of the excitement for a short time, along with Michael Saylor of MicroStrategy, who has kept the laser eyeballs alive to this day.

According to crypto data aggregator CoinMarketCap, Dogecoin’s overnight price rise ultimately leaves the currency 11 percent less valuable than it was seven days ago.

Elon Musk pumping the price of Doge by 40% in half an hour with one tweet.

Co-creator of Dogecoin Jackson Palmer also launched a broadside beside his former project earlier this week, taking to Twitter to state his opinion that all crypto is “an inherently right-wing, hyper-capitalistic technology built primarily to amplify the wealth of its proponents through a combination of tax avoidance, diminished regulatory oversight, and artificially enforced scarcity.”

https://twitter.com/ummjackson/status/1415353985406406658?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1415353985406406658%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fdecrypt.co%2F76258%2Fdogecoin-spikes-10-after-elon-musk-updates-twitter-picture-to-doge-eyes

Still, in spite of the roasting vote of no-confidence from one of the most effective software programmers in crypto’s new history, Dogecoin is the only top 20 currency to have experienced a major price movement overnight.

In related news, Musk also updated his followers about his son’s Dogecoin holdings, which he first told the world about back in February.

Apparently, “Lil X is hodling his Doge like a champ. Literally never said the word “sell” even once!”

 

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