The post Shytoshi Kusama Breaks Long Silence, Addresses Concerns About Leaving SHIB appeared on BitcoinEthereumNews.com. Shiba Inu lead ambassador Shytoshi Kusama has broken his silence in a recent tweet, addressing speculation of his leaving the Shiba Inu project. Before this tweet, Shytoshi Kusama’s last post on X was on Aug. 5, when he shared a blog post on elections, a move to elect new lead visionary and councils for each DAO as SHIB clocked five years old. The election proposal did not sit well with some members of the community, sparking governance debates. Over the weekend, Peckshield called the attention of the Shiba Inu community to a flash loan attack on Shibarium, tagging the Shiba Inu lead ambassador, Shytoshi Kusama, in an X post. An attacker had borrowed 4.6 million BONE through a flash loan to gain control of the majority of validator keys. Some in the community had anticipated a response to the post by Kusama, but Shiba Inu developer Kaal Dhairya quickly responded. You Might Also Like Dhairya revealed proactive steps that were able to prevent a bigger, more serious, breach, bringing relief to the Shiba Inu community.   In a follow-up tweet, the official SHIB X account revealed that the exploit resulted in a loss of assets of 224.57 ETH and 92.6 billion SHIB. The attacker attempted to sell nearly $700,000 in KNINE, but this failed after K9finance DAO multisig blacklisted the address. Additional tokens impacted included LEASH, ROAR, TREAT, BAD and SHIFU, which remained unmoved at the time. The 4.6 million BONE tokens, as delegated to validators, were locked and could not be withdrawn by the attackers. You Might Also Like Shytoshi Kusama responds In a recent X post, Kusama put an end to speculation of his abandoning the Shiba Inu project, highlighting a focus that not only encapsulates SHIB, but also AI initiatives, to boost Shiba Inu ecosystem tokens. Although… The post Shytoshi Kusama Breaks Long Silence, Addresses Concerns About Leaving SHIB appeared on BitcoinEthereumNews.com. Shiba Inu lead ambassador Shytoshi Kusama has broken his silence in a recent tweet, addressing speculation of his leaving the Shiba Inu project. Before this tweet, Shytoshi Kusama’s last post on X was on Aug. 5, when he shared a blog post on elections, a move to elect new lead visionary and councils for each DAO as SHIB clocked five years old. The election proposal did not sit well with some members of the community, sparking governance debates. Over the weekend, Peckshield called the attention of the Shiba Inu community to a flash loan attack on Shibarium, tagging the Shiba Inu lead ambassador, Shytoshi Kusama, in an X post. An attacker had borrowed 4.6 million BONE through a flash loan to gain control of the majority of validator keys. Some in the community had anticipated a response to the post by Kusama, but Shiba Inu developer Kaal Dhairya quickly responded. You Might Also Like Dhairya revealed proactive steps that were able to prevent a bigger, more serious, breach, bringing relief to the Shiba Inu community.   In a follow-up tweet, the official SHIB X account revealed that the exploit resulted in a loss of assets of 224.57 ETH and 92.6 billion SHIB. The attacker attempted to sell nearly $700,000 in KNINE, but this failed after K9finance DAO multisig blacklisted the address. Additional tokens impacted included LEASH, ROAR, TREAT, BAD and SHIFU, which remained unmoved at the time. The 4.6 million BONE tokens, as delegated to validators, were locked and could not be withdrawn by the attackers. You Might Also Like Shytoshi Kusama responds In a recent X post, Kusama put an end to speculation of his abandoning the Shiba Inu project, highlighting a focus that not only encapsulates SHIB, but also AI initiatives, to boost Shiba Inu ecosystem tokens. Although…

Shytoshi Kusama Breaks Long Silence, Addresses Concerns About Leaving SHIB

2025/09/17 00:56

Shiba Inu lead ambassador Shytoshi Kusama has broken his silence in a recent tweet, addressing speculation of his leaving the Shiba Inu project.

Before this tweet, Shytoshi Kusama’s last post on X was on Aug. 5, when he shared a blog post on elections, a move to elect new lead visionary and councils for each DAO as SHIB clocked five years old. The election proposal did not sit well with some members of the community, sparking governance debates.

Over the weekend, Peckshield called the attention of the Shiba Inu community to a flash loan attack on Shibarium, tagging the Shiba Inu lead ambassador, Shytoshi Kusama, in an X post. An attacker had borrowed 4.6 million BONE through a flash loan to gain control of the majority of validator keys.

Some in the community had anticipated a response to the post by Kusama, but Shiba Inu developer Kaal Dhairya quickly responded.

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Dhairya revealed proactive steps that were able to prevent a bigger, more serious, breach, bringing relief to the Shiba Inu community.  

In a follow-up tweet, the official SHIB X account revealed that the exploit resulted in a loss of assets of 224.57 ETH and 92.6 billion SHIB. The attacker attempted to sell nearly $700,000 in KNINE, but this failed after K9finance DAO multisig blacklisted the address. Additional tokens impacted included LEASH, ROAR, TREAT, BAD and SHIFU, which remained unmoved at the time. The 4.6 million BONE tokens, as delegated to validators, were locked and could not be withdrawn by the attackers.

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Shytoshi Kusama responds

In a recent X post, Kusama put an end to speculation of his abandoning the Shiba Inu project, highlighting a focus that not only encapsulates SHIB, but also AI initiatives, to boost Shiba Inu ecosystem tokens.

The Shiba Inu lead ambassador gave a reason for his silence, stating that he needed to take time to understand situations before speaking.

“Yes we are on it, in the war room, so to speak,” Kusama stated as to the next steps for the Shiba Inu ecosystem, with more official statements to follow in SHIB channels.

Source: https://u.today/shytoshi-kusama-breaks-long-silence-addresses-concerns-about-leaving-shib

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US tariff rollback sparks global USD concerns – Commerzbank

US tariff rollback sparks global USD concerns – Commerzbank

The post US tariff rollback sparks global USD concerns – Commerzbank appeared on BitcoinEthereumNews.com. The US government is gradually rolling back its punitive tariffs. The realization that they do more harm than good came late, but it came nonetheless. Does this mean that economic reason will prevail in the end? One can only hope so. But if this US administration is known for one thing, it is its unpredictability. In other words, anyone who buries decades of free trade with the rest of the world in a matter of days is capable of just about anything, Commerzbank’s Head of FX and Commodity Research Thu Lan Nguyen notes. Dollar dominance seen as geopolitical weapon “Last week, a Reuters article made the rounds reporting that EU officials are currently exploring alternatives to the existing Fed-backed dollar funding lines. The idea is that central banks outside the US would join forces and ‘pool’ their US dollar reserves so that they could draw on them in times of stress in the financial system. The concern seems that the Fed might terminate existing swap lines with some central banks, including the ECB. These are intended to provide sufficient USD liquidity outside the US in times of crisis, when demand for US dollars usually rises.” “These considerations show us, on the one hand, that the US administration has obviously created such a strong foreign policy rift that other countries are now questioning any dependence on the US and are sparing no effort to reduce it wherever possible. On the other hand, it shows once again that the supremacy of the US dollar in the global financial system is seen as a dangerous weapon. And rightly so, because US Treasury Secretary Scott Bessent, like his predecessors, had committed himself to a ‘strong dollar policy’ for good reason. This does not mean a policy of a strongly valued dollar, but rather a currency…
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BitcoinEthereumNews2025/11/18 17:20