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 The 4.6 million BONE tokens, as delegated to validators, were locked and could not be withdrawn by the attackers.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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Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details

Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details

The post Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details appeared on BitcoinEthereumNews.com. Japan-based Bitcoin treasury company Metaplanet announced today that it has successfully completed its public offering process. Metaplanet Grows Bitcoin Treasury with $1.4 Billion IPO The company’s CEO, Simon Gerovich, stated in a post on the X platform that a large number of institutional investors participated in the process. Among the investors, mutual funds, sovereign wealth funds, and hedge funds were notable. According to Gerovich, approximately 100 institutional investors participated in roadshows held prior to the IPO. Ultimately, over 70 investors participated in Metaplanet’s capital raising. Previously disclosed information indicated that the company had raised approximately $1.4 billion through the IPO. This funding will accelerate Metaplanet’s growth plans and, in particular, allow the company to increase its balance sheet Bitcoin holdings. Gerovich emphasized that this step will propel Metaplanet to its next stage of development and strengthen the company’s global Bitcoin strategy. Metaplanet has recently become one of the leading companies in Japan in promoting digital asset adoption. The company has previously stated that it views Bitcoin as a long-term store of value. This large-scale IPO is considered a significant step in not only strengthening Metaplanet’s capital but also consolidating Japan’s role in the global crypto finance market. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/japan-based-bitcoin-treasury-company-metaplanet-completes-1-4-billion-ipo-will-it-buy-bitcoin-here-are-the-details/
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BitcoinEthereumNews2025/09/18 08:42