Bitcoin Miners Feast While Crypto Market Fumbles — IREN, Cipher, and Cleanspark Rise Above

The post Shytoshi Kusama Addresses $2.4 Million Shibarium Bridge Exploit appeared on BitcoinEthereumNews.com. The lead developer of Shiba Inu, Shytoshi Kusama, has publicly addressed the Shibarium bridge exploit that occurred recently, draining $2.4 million from the network. After days of speculation about his involvement in managing the crisis, the project leader broke his silence. Kusama emphasized that a special “war room” has been set up to restore stolen finances and enhance network security. The statement is his first official words since the bridge compromise occurred. “Although I am focusing on AI initiatives to benefit all our tokens, I remain with the developers and leadership in the war room,” Kusama posted on social media platform X. He dismissed claims that he had distanced himself from the project as “utterly preposterous.” The developer said that the reason behind his silence at first was strategic. Before he could make any statements publicly, he must have taken time to evaluate what he termed a complex and deep situation properly. Kusama also vowed to provide further updates in the official Shiba Inu channels as the team comes up with long-term solutions. As highlighted in our previous article, targeted Shibarium’s bridge infrastructure through a sophisticated attack vector. Hackers gained unauthorized access to validator signing keys, compromising the network’s security framework. The hackers executed a flash loan to acquire 4.6 million BONE ShibaSwap tokens. The validator power on the network was majority held by them after this purchase. They were able to transfer assets out of Shibarium with this control. The response of Shibarium developers was timely to limit the breach. They instantly halted all validator functions in order to avoid additional exploitation. The team proceeded to deposit the assets under staking in a multisig hardware wallet that is secure. External security companies were involved in the investigation effort. Hexens, Seal 911, and PeckShield are collaborating with internal developers to…

ArtGis Finance, a top platform merging Web3, RWAs, and DeFi, has partnered with Niza Labs, a Niza Global-based incubator and startup accelerator project. The partnership aims to advance the worldwide trillion-dollar ecosystem of real-world assets (RWAs) in the Web3 sector. As ArtGis Finance disclosed in its official press release, the development focuses on merging the globally regulated ecosystem of Niza Global with its compliant L2 infrastructure. Hence, the consumers can expect wide-scale adoption and innovation across the RWA market, with an effective, compliant, and scalable on-chain experience. ArtGis Finance x @nizalabsThis partnership bridges:🔹ArtGis’ compliant L2 infrastructure (5,000+ TPS, HK Type 4/9 licenses)🔹Niza’s global MSB & VASP network across 100+ countries🤝We’re building a trusted pathway for the trillion-dollar RWA era!🔗 https://t.co/HSROehoIQr pic.twitter.com/q5etRbUMIm— Artgis Finance (@ArtgisFinance) October 7, 2025 ArtGis Finance and Niza Labs Partner to Accelerate Worldwide RWA Sector The partnership between ArtGis Finance and Niza Labs is more than just a financial alignment. Thus, it denotes the start of an exclusive epoch of integration between international compliance and decentralized infrastructure across the broader RWA industry. At the moment, the RWA market accounts for a 38x expansion over the past 4 years while claiming the $1.9B mark. Keeping this in view, there is a great demand for compliant and reliable infrastructure in this landscape. Thus, ArtGis Finance offers a high-performance L2 ecosystem that has proudly achieved the milestone of 5K transactions per second (TPS). At the same time, it enables gas fees twenty times lower in comparison with the mainnet, bringing a robust technological spine. Simultaneously, the company runs under the Hong Kong-based Type 4/9 licenses while also having registration under a Cayman fund. Apart from that, Niza Labs also delivers a wide global accessibility and a powerful compliance forum. Getting support from the Niza Global ecosystem, with over 100,000 consumers across more than 100 jurisdictions, it holds several notable licenses. Therefore, the blend of the technical efficiency of ArtGis and the global compliance portfolio of Niza efficiently caters to the RWA market’s prominent challenge of lack of regulated and scalable deployment pathways. Empowering Developers with Liquidity-Rich and Compliant Framework According to ArtGis Finance, the partnership with Niza Labs is a crucial move to establish a global ecosystem driven by a compliant infrastructure. With this, the duo attempts to pave the way for the broad-level Web3 adoption while guaranteeing long-term sustainability. Ultimately, the development strengthens Web3 developers by assisting in innovation with the provision of a liquidity-rich and compliant framework.

Ripple and Polkadot have long defined blockchain’s technical frontier. Ripple revolutionized cross-border payments; Polkadot re-engineered interoperability. Yet, a new Ethereum-born force, BullZilla, is emerging to challenge them both. Together, these three coins stand tall as the best altcoins to buy today, each representing a different evolution of blockchain purpose: regulated finance, open-source connectivity, and deflationary […]