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 The 4.6 million BONE tokens, as delegated to validators, were locked and could not be withdrawn by the attackers.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.

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.

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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USD/CHF rises on US dollar rebound, weak Swiss economic data

USD/CHF rises on US dollar rebound, weak Swiss economic data

The post USD/CHF rises on US dollar rebound, weak Swiss economic data appeared on BitcoinEthereumNews.com. USD/CHF trades slightly higher on Friday, around 0.8060, up 0.15% at the time of writing. The pair remains on track for a weekly gain, supported by the persistent weakness of the US Dollar (USD) amid growing expectations of interest rate cuts by the Federal Reserve (Fed). The US Dollar Index (DXY) is heading toward its worst weekly performance since July, despite a modest rebound on Friday driven by firmer US Treasury yields. Investors continue to price in substantial monetary easing over the next 12 months. According to the CME FedWatch tool, the chance of a 25-basis-point cut at the December meeting now stands at 85%, compared with less than 40% one month ago. This dynamic is reinforced by dovish comments from several Fed officials and this week’s soft US Retail Sales data. Speculation within the National Economic Council (NEC), suggesting that Kevin Hassett may emerge as the leading candidate to replace Jerome Powell in May, also fuels expectations of a prolonged easing cycle through 2026. In this context, US Dollar rallies are likely to remain contained unless the macroeconomic backdrop shifts meaningfully. In Switzerland, the Swiss Franc (CHF) lacks momentum following economic indicators that came in well below expectations. Swiss Gross Domestic Product (GDP) contracted 0.5% (QoQ) in Q3, below the 0.4% contraction consensus and after a revision of the previous quarter to 0.2%. Growth YoY slowed to 0.5%, far below the previously reported 1.3%. The only positive signal came from the KOF Leading Indicator, which improved to 101.7 from 101.03, slightly above consensus. Still, the data confirms a slowdown in the Swiss economy, reinforcing expectations that the Swiss National Bank (SNB) may keep its policy rate at 0.00% potentially through 2027, according to several analysts. Overall, the environment continues to favour USD/CHF upside, although the pair remains sensitive to…
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BitcoinEthereumNews2025/11/28 22:04