shib

Doge prototype Shiba Inu Kabosu's owner Atsuko Sato clarified in a post that a series of CATE tokens circulating in the market recently have no connection to her. She stated that she had only posted a dynamic on Instagram previously, but that content was subsequently used by others without authorization to issue false tokens, creating the illusion of a connection with her. She expressed regret about this and pointed out that some accounts involved in spreading related information even include users with significant influence on the X platform.She emphasized that the only project currently authorized by her and responsible for managing her intellectual property is Own The Doge. She introduced that Own The Doge acquired Doge NFT in 2021 and launched the DOG token, while also being responsible for hosting Doge Day events, supporting charitable causes, and managing her intellectual property. In 2025, both parties collaborated to launch the COCORO token on the Base network.She stated that the profits obtained from the aforementioned projects will be used to care for her pet family members and support animal protection public welfare activities carried out by withkabosu. She urged the public to rely on officially released information and to remain vigilant about any unauthorized projects or tokens issued in her name, to avoid being misled by unrelated cryptocurrency projects.

Meanwhile, Dogecoin (DOGE) only rose about 6% during the same period, while other dog-themed tokens saw increases of around 10%, indicating that funds were mainly concentrated in SHIB.In the derivatives market, during this round of increases, approximately 2,300 traders' SHIB positions and 1,000 SHIB positions were liquidated, with a total liquidation amount of about 6 million dollars, of which short positions accounted for about 5 million dollars. However, analysts believe that the short position liquidations were more a result of the price increase rather than the main driving factor of this market trend.

According to Arkham monitoring, the U.S. government will transfer $250,000 worth of SHIB confiscated from FTX and Alameda to a government wallet, which is expected to be used to repay FTX creditors.

According to on-chain analyst Yu Jin's statistics, a certain early whale has sold approximately 3.8 trillion SHIB in the past month, cashing out about 20.73 million USD.This address purchased 1.03 trillion SHIB in 2020 for 37.8 ETH (approximately 13.7 thousand USD) and was valued at about 9.1 billion USD at its peak in 2021. Despite SHIB dropping about 14.5% in the past month, this address currently still holds approximately 96.27 trillion SHIB, accounting for about 16.3% of the total supply, with a market value of about 457 million USD.

According to on-chain analysis platform Lookonchain, an early OG whale has once again sold 800 billion $SHIB (approximately 4.9 million USD). This whale initially purchased 1.0333 trillion $SHIB for only 13,760 USD, with a peak market value reaching 8.9 billion USD.Over the past few years, it has cumulatively sold 4.06 trillion $SHIB, cashing out approximately 37.6 million USD, and currently still holds 99.27 trillion $SHIB (worth about 625 million USD), accounting for 16.84% of the total supply, with total profits exceeding 660 million USD and a return on investment of up to 48,000 times.

According to crypto analyst Yu Jin @EmberCN, an early whale who bought 1 trillion SHIB for 37.8 ETH has transferred 80 billion SHIB to exchanges in the past day, worth approximately 4.91 million USD.The value of this address's holdings once reached 9.1 billion USD at the peak in 2021, and it currently still holds about 954.2 billion SHIB, accounting for approximately 16.2% of the total supply, valued at about 588 million USD at current prices.

Vitalik Buterin posted on the X platform that he received a large amount of tokens such as SHIB, donating half to CryptoRelief and the other half to FLI at the peak of the price. He originally thought FLI could cash out a maximum of $10 million to $25 million, but FLI ultimately cashed out about $500 million.

According to the official announcement, Gate Web3 BountyDrop has launched the Shib Owes You airdrop event. Users can enter the BountyDrop module through the "Events" page on Gate Web3 to participate in tasks. Among all participants who complete the tasks, 2,000 participants will be randomly selected to share 10,000,000 SOU.In addition, BountyDrop, the one-stop airdrop aggregation platform under Gate Web3, has officially launched its web version. Besides the app, users can now intuitively browse the introductions and interaction processes of popular airdrop projects on the PC side, achieving "mobile + computer" dual-end synchronization. The web version focuses on a large-screen interactive experience, making project details clear at a glance and interaction operations more precise; it also supports seamless connection with the Gate Wallet plugin, making on-chain interactions smoother and more efficient. With real-time task progress and reward center communication, users can flexibly switch devices and access the interaction page with one click without the need for KYC, quickly earning multiple rewards such as tokens, whitelist spots, and points, significantly enhancing airdrop hunting efficiency.Gate Web3 is an industry-leading multi-chain crypto wallet, connecting over 100 public chains, millions of assets, and tens of thousands of DApps, providing a professional-grade Web3 experience and optimal solutions for every Web3 need. BountyDrop is the exclusive earning activity section in the discovery page of Gate Web3, where users have the opportunity to win rewards or participate in a lottery for airdrop tokens by completing simple tasks.

According to on-chain analyst Yu Jin's monitoring, the largest holding address of SHIB transferred 46.9 billion SHIB to OKX 9 hours ago, worth 3.64 million USD.This address previously purchased 1 trillion SHIB using 37.8 ETH (approximately 13,700 USD) in 2020. The value of this holding peaked at 9.1 billion USD in 2021. Currently, this address still holds 966.84 trillion SHIB, accounting for 16.4% of the total supply, worth 726 million USD.

The world's first Chinese decentralized contract exchange, Sun Wukong, has recently added ICP, DASH, and SHIB USDT-based contract trading, supporting up to 20x leverage. According to official social media news, the platform's cumulative trading volume has exceeded 5.1 billion USDT, with over 60,000 cumulative users.On November 13, Sun Wukong held a community AMA themed "Sun Wukong Reserve Fund ------ Full On-chain Endorsement, Asset Transparency and Traceability," introducing users to the recently launched reserve fund mechanism. The platform's community spokesperson stated that through publicly transparent reserve fund proofs, the platform hopes every user can clearly see the secure endorsement of their assets on-chain. The reserve fund data is synchronized in real-time, automatically updated by on-chain contracts, and there are on-chain auditing institutions and community consensus verification mechanisms, allowing more independent nodes and community members to participate in the verification process of the reserve fund, further enhancing credibility.

Grayscale Investments has listed Shiba Inu as one of the cryptocurrencies that meet the listing requirements for a U.S. spot exchange-traded fund (ETF). Grayscale mentioned this in a recent blog post titled "Market Byte: Here Come the Altcoins." Following the launch of Bitcoin and Ethereum ETFs, Grayscale acknowledged that the process for launching similar ETF products for altcoins like Shiba Inu has been streamlined.The report indicates that the launch of the first Bitcoin spot exchange-traded product (ETP) took over a decade— from the initial proposal in 2013 to final approval in January 2024. However, the "Generic Listing Standards" (GLS) framework approved by the U.S. Securities and Exchange Commission (SEC) has now accelerated the launch of cryptocurrency exchange-traded products (ETPs).

ChainCatcher message, Cumberland has withdrawn 203.55B SHIB (approximately 2.17 million USD). In the past week, its total withdrawals include: 224,000 AVAX (approximately 5.25 million USD); 17,243 ETH (approximately 71.37 million USD); 102,000 LINK (approximately 880,000 USD); 892B PEPE (approximately 717 million USD); 203B SHIB (approximately 2.17 million USD); 220,000 UNI (approximately 1.48 million USD).

ChainCatcher message, @Shibburn posted on the X platform that the burning activity of the SHIB token has significantly increased in the past week, with its burn rate skyrocketing by 449.66%. According to statistics, a total of 71,297,136 $SHIB have been permanently removed in the past seven days.

ChainCatcher news, according to The Block, Shibarium developers stated that they are preparing to restart the Ethereum cross-chain bridge for the platform and are formulating a compensation plan to reimburse users who suffered losses due to an emergency shutdown triggered by a vulnerability earlier this month.The team's latest post-mortem analysis indicated that all validator keys have been rotated, over 100 ecosystem contracts have been migrated to secure wallets, and 4.6 million BONE tokens have been recovered from the attackers' contracts within days of the attack. According to a community update on September 17, the attackers stole approximately $4.1 million worth of ETH, SHIB, and 15 other tokens from the bridge. Shortly after the attack was discovered, Shibarium developer Kaal Dhairya stated on X that they had contacted the relevant authorities, but the team was willing to engage in "good faith" negotiations with the attackers, offering a reward of 50 ETH, which was worth about $225,000 at the time, if the stolen funds were returned.

ChainCatcher message, the cross-chain bridge Shibarium connecting the Layer2 network Shibarium with Ethereum was previously attacked by a flash loan, resulting in approximately $2.4 million worth of ETH and SHIB being stolen. Currently, Shibarium has released a security incident update, which states:Specific bridging operations have been restricted to prevent new unauthorized transactions;Upgraded and restricted paths that could be abused (deposit/withdrawal/claim/reward), and added targeted defensive controls to prevent abuse of delegated staking;Restored and protected BONE at risk held by staking managers, with short-term BONE staking by attackers being intervened and effectively limited by protocol mechanisms;Rotated validator signers, migrating contract control to multi-party hardware custody; continuing extensive migration from legacy keys;Real-time monitoring of attacker traffic; automatically alerting partners and exchanges and reporting;Engaged independent security researchers, incident response companies, and relevant departments.

ChainCatcher news, according to The Block, the Shibarium cross-chain bridge connecting Layer 2 networks and Ethereum was hacked, resulting in a loss of $2.4 million. The developers have suspended staking, unstaking, and related processes to rotate and protect the validator keys.The attacker borrowed 4.6 million BONE tokens (the governance token of Shibarium) through a flash loan and seemingly obtained 10 out of 12 validator signing keys used to secure the network, thereby gaining a two-thirds majority. The attacker then exploited their privileged position to steal approximately 224.57 ETH and 92.6 billion SHIB from the Shibarium bridge contract and transferred these funds to their own address. At current prices, these funds are worth about $2.4 million.In response to the attack, Shiba Inu developers suspended staking and unstaking functions on the network, effectively freezing the borrowed BONE tokens (which have already been affected by unstaking delays) and causing the attacker to lose majority control. The attacker also acquired a large amount of K9 (KNINE) tokens (related to K9 Finance), valued at about $700,000. When the attacker attempted to sell KNINE, the K9 Finance DAO intervened and blacklisted the attacker's address, preventing the sale of these tokens.

ChainCatcher news, according to Jinshi Data, Pepperstone's Chris Weston pointed out that the resignation of Japanese Prime Minister Shigeru Ishiba shifts the focus to his successor and what this might mean for political stability. The market will weigh the extent of additional fiscal measures and budgets under the new leadership. "The degree of fiscal stimulus is crucial for controlling the rise of long-term Japanese government bonds."He stated that these developments could be seen as another reason to delay the Bank of Japan's next 25 basis point rate hike until 2026. This expectation has already been reflected in the market, with swap traders anticipating only a 12 basis point hike by December. Weston noted that this is another reason why few are willing to hold the yen at present. He expects the yen's weakness in the Asian market to become widespread.

ChainCatcher News, Japanese Prime Minister and Liberal Democratic Party President Shigeru Ishiba held an emergency press conference at the Prime Minister's official residence, announcing his decision to resign from the position of LDP president. According to a report by the Japan Broadcasting Corporation earlier that day, Ishiba has decided to resign as Prime Minister, and he is expected to formally announce his resignation at the press conference.Shigeru Ishiba was elected LDP president in September last year, with his term set to end in September 2027. In the House of Representatives election held in October last year, the ruling coalition formed by the LDP and Komeito lost its majority. In the House of Councillors election held in July this year, the ruling coalition also lost its majority. The LDP held a full meeting of both houses of parliament on the 2nd of this month to summarize the reasons for the defeat in the July House of Councillors election. Ishiba apologized for the electoral defeat at the meeting and stated that he had no intention of clinging to the position of Prime Minister and would make an appropriate decision at the right time.

ChainCatcher news, according to Japan Broadcasting Corporation (NHK), before the Liberal Democratic Party decides on whether to hold an extraordinary presidential election on the 8th, Japanese Prime Minister Shigeru Ishiba decided to resign, citing "reluctance to cause division within the party." Shigeru Ishiba will hold a press conference at 5 PM Beijing time to address this.