Press Release

Chainwire

In a move to greatly improve the user experience of DeFi users in the Ethereum ecosystem, DeFi Saver integrated native support for Safe smart accounts and multisigs. DeFi Saver, one of the leading apps for creating, tracking, and managing DeFi positions on Ethereum just announced they’ve integrated account abstraction leader Safe, to take the experience ... Read more

DeFi Saver integrates Safe to bring account abstraction to DeFi

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Coinfomania

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WilfredMichael

Sensay

Sensay, a pioneering technology company at the intersection of AI and blockchain, today announced the imminent launch of its innovative platform designed to create autonomous lifelike AI Digital Replicas on-chain, marking a significant leap towards digital immortality. Leveraging cutting-edge technology, Sensay offers limitless potential in the digital age, empowering users to retain ownership and monetize ... Read more

Revolutionizing Memory Care: Sensay Unveils AI-Powered Digital Replicas for Dementia Support and Beyond

MemeMoguls

PR Desk

This is a guest author and not a team member at Coinfomania.com. Hence, views and opinions in the article are strictly theirs.

Explore Meme Moguls' journey as it strives to be the next 100x meme coin, while Sui (SUI) and Arbitrum (ARB) pursue new highs in the market.

Meme Moguls (MGLS) Aims to Become the Next 100x Meme Coin, as Sui (SUI) and Arbitrum (ARB) Surge to Reach New Heights

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Crypto Regulation News

News

Read all the latest crypto news curated from the best local news sources globally. We provide up-to-date crypto news items so you can make the best investment choices.

Zilliqa

Nwani Mishael

Zilliqa pauses block production, causing ZIL to drop 6%. Discover the reasons behind the halt and its impact on the blockchain network...

Blockchain Network Zilliqa Halts Block Production, ZIL Drops 6%

Zilliqa Halts Block Production, ZIL Price Drops 6%

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Crypto Exchange News

Elendu Benedict

Layer 2 network Arbitrum saw its blockchain fail to produce a block or process transactions for at least two hours on Friday. According to Arbitrum, the blackout was due to a stall in one of its sequencers during a notable uptick in network traffic. Arbitrum’s network stalled around 10.29 am ET, putting the blockchain’s users ... Read more

Arbitrum’s Blockchain Stalls for Over An Hour Over Network Traffic Surge

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DeFi News

The latest DeFi news and updates. Learn how decentralized finance protocols, powered by blockchain networks like Ethereum, is disrupting traditional finance.

Arbitrum

Several members of the Arbitrum community have slammed a proposal from the Bankless DAO requesting a $2 million grant aimed at onboarding new talents into the Arbitrum network and Web3 in general and offering mass education. What is the Proposal? On November 24th, Bankless DAO, a decentralized autonomous organization centred on developing the Bankless ecosystem, ... Read more

Arbitrum Community Slams Proposal Seeking $2M for Educational Purposes

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Crypto Scam Alert News

Latest scam alerts in the cryptocurrency and blockchain industry

Lucky Ebosele

KyberSwap, a decentralized exchange (DEX) aggregator, has suffered a security exploit with hackers siphoning off approximately $50 million worth of crypto assets. KyberSwap Hacked The DEX aggregator alerted its users of the incident on X (formerly Twitter), saying that its team is investigating the matter. &#8220;Dear KyberSwap Elastic Users, We regret to inform you that ... Read more

KyberSwap Hacked for $50M, Hacker Says Will Negotiate "After Being Fully Rested"

KyberSwap Hacked for $50M, Hacker Says Will Negotiate &#8220;After Being Fully Rested&#8221;

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Polygon

Polygon comes out as the top destination for users bridging assets from Ethereum to trade on layer-2 solutions.

L2 Wars: Polygon Remains Top Destination For Bridging Ethereum

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MagnateFinance

Magnate Finance, a decentralized lending protocol built on the Ethereum layer-2 scaling network Base, has rug-pulled its users for $6.4 million. All social accounts tied to the project have been disabled and deleted. Rug pull is the process where the developers of a crypto project maliciously abandon the project and escape with investors’ deposited funds. ... Read more

MAG Token Slumps Over 90% As Magnate Finance Rugs Users for $6.4M

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SHIB

Shiba Inu (SHIB) is an Ethereum-based cryptocurrency that made its debut in August 2020, created by the mysterious and anonymous figure known as Ryoshi. When it started, it was birthed as a meme coin, borrowing a bit of Dogecoin’s playful spirit. But, SHIB has since carved out a more ambitious identity. While Bitcoin aims to be a store of value, and Ether powers decentralized apps, SHIB started off as a community-driven project but quickly expanded to embrace decentralized finance (DeFi), a layer-2 blockchain solution, and NFTs. SHIB doesn’t have its own independent chain. It operates as an ERC-20 token on Ethereum&#8217;s blockchain, leaning on the blockchain&#8217;s huge security and smart contract infrastructure. The token began with a super huge supply of one quadrillion, though a hefty chunk—over 410 trillion—was burned by Ethereum co-founder Vitalik Buterin, catching the eyes of the crypto space. How Does Shiba Inu Work? SHIB is part of a larger ecosystem that includes: ShibaSwap: A decentralized exchange (DEX) where SHIB holders can stake, swap, and earn rewards. BONE and LEASH: Two additional tokens that offer governance and staking perks. Shibarium: A layer-2 blockchain that aims to scale the network and reduce Ethereum gas fees. While it&#8217;s accurate that SHIB isn&#8217;t mined and operates as an ERC-20 token on the Ethereum blockchain, Ethereum transitioned from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism in September 2022 with the Ethereum 2.0 upgrade. Therefore, Ethereum&#8217;s PoS mechanism currently validates SHIB transactions, providing both security and decentralization. Shiba Inu vs. Other Cryptos Compared to Dogecoin (DOGE), which relies on proof-of-work (PoW) mining, SHIB’s foundation on Ethereum allows it to interact with DeFi apps. And unlike Bitcoin’s capped supply of 21 million coins, SHIB had a huge initial supply, but ongoing burns are slowly shrinking the total circulation. The Role of Blockchain in Shiba Inu Thanks to Ethereum, SHIB benefits from strong security and decentralization. Albeit, Ethereum&#8217;s notorious high gas fees have been a pain point, leading to the development of Shibarium, which promises to cut down on those costs. Investing in Shiba Inu Is Shiba Inu a Good Investment? Judging by past market behavior, SHIB is a high-risk coin. It updived by over 1,000,000% in 2021, but prices have been all over the place since then. If you&#8217;re thinking of throwing in funds, make sure you understand the volatility and adjust your expectations accordingly. Key Considerations: Volatility: SHIB’s price is a rollercoaster, so be ready for some ups and downs. Market Sentiment: The bearish mood right now could lead to short-term losses. Pros: A strong community (ShibaArmy), DeFi use cases, and an expanding ecosystem. Cons: Huge price swings, meme-coin status, and uncertain long-term utility. Investment Strategies &amp; Best Practices Long-Term Holding (HODL): For those who believe SHIB’s price could rise as adoption grows. Short-Term Trading: For risk-takers who want to capitalize on price swings (but it’s not for the faint-hearted). Staking &amp; Yield Farming: You can stake your SHIB on ShibaSwap for passive income. Long-Term vs. Short-Term Holding Long-Term Investment: Hold on to SHIB and hope for mass adoption down the road. Short-Term Trading: Expect volatility, but potential high-reward opportunities for experienced traders. Legal &amp; Regulatory Considerations SHIB operates in a bit of a grey area when it comes to regulations. It’s not classified as a security (yet), but new rules could pop up that might affect how it’s traded or taxed in the future. Keep an eye on regulatory changes if you plan to invest. How to Buy &amp; Trade Shiba Inu How to Buy Shiba Inu? Ready to invest? Here’s how to buy SHIB: Choose an exchange (Binance, Coinbase, Kraken, etc.). Set up your account and verify your identity. Deposit funds (via bank transfer, credit card, or even another crypto). Buy SHIB directly on the exchange. Store your SHIB safely in a wallet (more on that below). Best Exchanges to Trade Shiba Inu Binance: A top choice for liquidity and lots of trading pairs. Coinbase: Great for beginners with its simple, user-friendly interface. Kraken: Known for strong security features. Gemini Transaction Fees &amp; Trading Costs Fees vary depending on the exchange. Binance charges about 0.1% per trade, while Coinbase is a bit pricier. Don&#8217;t forget about Ethereum’s gas fees if you’re transferring SHIB to another wallet! Shiba Inu Wallets &amp; Security Best Wallets for Shiba Inu Hot Wallets (Online): MetaMask, Trust Wallet (convenient but less secure). Cold Wallets (Offline): Ledger, Trezor (best for long-term storage and security). How to Secure Your Shiba Inu Holdings Use 2FA (Two-Factor Authentication) on exchange accounts. Store large holdings in cold wallets. Be wary of phishing scams—always verify URLs before connecting your wallet. Custodial vs. Non-Custodial Wallets Custodial wallets (like exchange wallets) manage your private keys for you. Non-custodial wallets give you full control of your assets. Shiba Inu Adoption &amp; Use Cases Key Partnerships &amp; Integrations ShibaSwap: The DEX that allows for staking and liquidity provision. BitPay: Some businesses now accept SHIB payments. Shibarium: The layer-2 network that helps scale the ecosystem and lower fees. Adoption in Global Markets SHIB has made some headway in the real world, with certain merchants and crypto platforms accepting it. Plus, NFTs like Shiboshis are part of the growing market. This statement is accurate. On February 4, 2025, the UAE&#8217;s Ministry of Energy and Infrastructure (MoEI) announced a partnership with Shiba Inu to advance digital transformation by integrating blockchain solutions across public services, aiming to enhance transparency and efficiency. Innovations in the Ecosystem Shibarium aims to bring more efficiency to the network, cutting down gas fees. The DeFi ecosystem is expanding, and decentralized apps (dApps) are being built within this space. Final Thoughts on Shiba Inu (SHIB) Future Outlook &amp; Growth Potential The future of SHIB depends on a few things: Adoption and real-world utility. The success of Shibarium in reducing transaction costs. Ongoing community engagement. Pros &amp; Cons of Investing in Shiba Inu Pros: A dedicated and passionate community (ShibaArmy). Ecosystem growth with DeFi and NFTs. Potential for gains during bullish market trends. Cons: Volatility and unpredictable price moves. Meme-coin status could hinder long-term utility. Dependence on Ethereum’s network for transactions. Community &amp; Developer Support The Shiba Inu community is massive and growing, with active development on projects like ShibaSwap, Shibarium, and the NFT space. Is Now the Right Time to Invest in Shiba Inu? The current sentiment in the Shiba Inu market leans bearish, with indicators suggesting a potential decline in price over the coming months. Market conditions reflect heightened caution, as fear levels remain significantly elevated. Despite the downturn, there are still opportunities for short-term gains. Cryptocurrency price predictions vary widely, with some sources forecasting notable growth while others project more modest increases. Given this unpredictability, it’s crucial to approach such forecasts with skepticism—crypto markets are notorious for their volatility, making precise timing a challenge, especially for less experienced investors. Looking further ahead, price estimates for SHIB indicate a broad range of potential outcomes. While some projections suggest substantial returns in the future, it’s important to remember that these figures are speculative, and the market can shift rapidly in either direction. For those who believe in the long-term prospects of the Shiba Inu ecosystem, including developments in blockchain technology and decentralized finance, there may be growth potential. However, as with any crypto investment, uncertainty remains a key factor. So, is now the right time to invest? That depends on your risk tolerance. If you’re new to the space or prefer lower-risk investments, waiting for more stable conditions may be wise. On the other hand, if you have a high-risk appetite and a strong belief in SHIB’s future, there could be opportunities—just be prepared for the inherent volatility of the market. Whether considering an entry point or expanding an existing position, it’s essential to stay informed, manage risk carefully, and be ready for market fluctuations. Crypto investing requires patience, strategy, and an understanding of the unpredictable nature of digital assets. FAQs 1. What is Shiba Inu? Shiba Inu is an Ethereum-based cryptocurrency that started as a meme coin but has expanded to include DeFi and NFTs. 2. How does Shiba Inu work? SHIB operates on Ethereum’s blockchain and uses a decentralized exchange (ShibaSwap) and a layer-2 blockchain (Shibarium). 3. Is Shiba Inu a good investment? SHIB has high volatility, with potential for big swings, so it’s a high-risk investment. 4. How can I invest in Shiba Inu? Buy SHIB on exchanges like Binance, Coinbase, and Kraken, then store it in a secure wallet. 5. Where can I trade Shiba Inu? You can trade SHIB on Binance, Coinbase, Kraken, and Gemini. 6. How do Shiba Inu transaction fees work? Fees vary by exchange, and Ethereum’s gas fees also apply when transferring SHIB. 7. What are the best wallets for Shiba Inu? MetaMask and Trust Wallet are popular hot wallets, while Ledger and Trezor are cold wallets for better security. 8. What is Shiba Inu’s future potential? SHIB’s future depends on adoption, Shibarium’s success, and ongoing community support. 9. What are the risks of investing in Shiba Inu? Risks include high volatility, meme-coin status, and reliance on Ethereum for transactions. 10. Is now the right time to invest in Shiba Inu? The market is currently bearish, so caution is advised, but there may be opportunities for high-risk investors. SHIB Price Prediction SHIB News

Markets suffered a brief retracement due to the ongoing debt ceiling crisis and fears of impending regulatory action. However, analysts have dug into on-chain metrics and found two projects bucking the prevailing trend. Shiba Inu (SHIB) has seen great success with its layer two scaling solution Shibarium which has executed more than ten million transactions, ... Read more

Shiba Inu News: Shibarium Transaction Volume Exceeds 10m, Tradecurve Sets $20 Million Target

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