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Blockchain security firms say bad actors typically move altcoins into Ether to prepare for laundering, as the native token has no built-in means to get frozen.
Shiba Inu‘s (CRYPTO: SHIB) burn rate shot up significantly in the last 24 hours even as the memecoin faced intense selling presure from the sale of tokens stolen from Indian cryptocurrency exchange WazirX. What Happened: Nearly 52 million SHIB tokens were kicked out of circulation, according to the official burn tracker Shibburn, representing an impressive 875% spike.
Shiba Inu (SHIB) was affected by a $230 million hack on Indias largest cryptocurrency exchange, WazirX. Details of the Breach A significant security breach has been realized by Cyvers Alert, which has affected WazirX, which is the largest cryptocurrency exchange in India.
Shiba Inu, a dog-themed memecoin is in the spotlight as trillions of SHIB were reportedly stolen in a recent cybersecurity breach with the leading India-based cryptocurrency exchange, WaxirX.
The marketing lead of Shiba Inu, Lucie (@LucieSHIB), announced today, July 18, the upcoming full integration of the Shiba Eternity game with the Shibarium blockchain. Shared via a post on X, Lucie stated, “THIS IS BIG FOR Shibarium & BONE & SHIB.
A closely followed crypto analyst says that one altcoin that has seen gains of over 120% in two weeks is gearing up to continue its upward momentum.
As both SHIB and LUNC strive for their 1 cent dream, a computer engineer explains why it's still far away.
The Shiba Inu burn rate has seen a notable recovery over the last day as the number of tokens being sent to the burn address has increased drastically.
Shiba Inu (SHIB) has seen a significant downturn amid the unsettling news of a major security breach at WazirX, one of India's prominent cryptocurrency exchanges. At press time, SHIB's price stood at $0.00001722, reflecting a 9.99% decline over the past 24 hours amid broader market concerns.
The exploiter behind the Indian crypto exchange WazirX hack has sold 5.43 trillion SHIB for 26,535 ETH, valued at $92 million. What Happened: Despite the large sale, the price drop of Shiba Inu (CRYPTO: SHIB) was mitigated by market makers such as Wintermute, who bought SHIB from decentralized exchanges and deposited it to other exchanges to sell for arbitrage, according to blockchain analysis firm Lookonchain.
While Shiba Inu tokens have fluctuated over the past 24 hours – especially Shiba Inu ($SHIB) – the new sheriff in town, Shiba Shootout ($SHIBASHOOT), is holstering its gun after firing off a presale nearing $700,000.
Shiba Inu's (SHIB) price has tanked by 10.03% in the last 24 hours. Findings show that the sudden drop is linked to increased selling pressure and an unsettling development that shocked market participants.
SHIB Burn: The Shiba Inu meme cryptocurrency has once again garnered significant investor attention despite showing signs of a correction today, July 18. Market sentiments are brimming with optimism primarily due to a colossal 4800% surge in the burn rate, resulting in the blow of millions of coins from the token supply.
The Shiba Inu team's top developer Kaal Dhairya has taken to his X handle to warn SHIB users and also all the global cryptocurrency community.
According to a recent update from Arkham Intelligence, the hacker who successfully attacked the WazirX exchange has already sold off all of their Shiba Inu (SHIB) tokens.
The Shiba Inu price has dived by 11% in the past 24 hours, dropping to $0.00001707 after criminals stole 5.4 trillion SHIB as part of a $234 million hack of Indian exchange WazirX.
The Shiba Inu meme coin has dropped after facing major resistance through a confluence of factors while breaking down under major support zones.
The price of dog-themed cryptocurrency Shiba Inu (SHIB) is facing a sell-off, marked by the emergence of a death cross — a bearish technical pattern that often signals further declines.
Shiba Inu (SHIB) has been grappling with short-term bearish signals, and the recent hacking incident at WazirX—allegedly orchestrated by North Korea's infamous Lazarus Group—has only intensified its troubles.
Shiba Inu (CRYPTO: SHIB) is under pressure by a hack of Indian crypto exchange WazirX but still enjoys positive fundamental indicators. What Happened: Lucie, the marketing lead of Shiba Inu, announced that its game Shiba Eternity will fully integrate with the Shibarium blockchain.
A major security breach affecting WazirX, India's largest cryptocurrency exchange, happened today. Multiple suspicious transactions involving the exchange's multisig hot wallet on the Ethereum network were detected, resulting in $234.9 million worth of funds being moved to a new address.
In the last few hours, Shiba Inu's (SHIB) price has lost over 10.6% in value, falling to approximately $0.00001737. This significant drop in SHIB's price suggests the attacker is offloading their holdings, putting downward pressure on its market value as they still holds nearly 5.43 trillion SHIB tokens, as per Blockchain data.
After experiencing a notable price surge over the past few days, the Shiba Inu rally appears to lack momentum as it faces resistance following a hack attack on India's WazirX exchange. Based on SHIB price forecast, the correction will continue throughout the day as investors react to the hacker making away with more than 5
WazirX, one of India's leading cryptocurrency exchanges, has fallen victim to a massive hack, resulting in the theft of approximately $230 million in various digital assets.
