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Latest news from SHIB Coin and these 4 Altcoins! Alert issued!

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Animoca Ventures has launched an offering in the ApeCoin DAO community. Arkham has transferred 304.5 million ARKM to Coinbase Prime. False ‘Shytoshi Kusama‘ notice issued to the SHIB Coin community. And more…

News from SHIB Coin and these 5 altcoins!

Animoca Ventures Launches ApeCoin DAO Community Offering

According to the Snapshot governance page, Animoca VenturesAnimoca Brands’ first venture capital arm, has launched a voting proposal in the ApeCoin DAO community to “establish ApeCoin Ventures.” Under the proposal, ApeCoin DAO will invest $5 million in APE tokens and Animoca Ventures will provide $5 million in fiat currency for a 1:1 match to jointly establish an investment fund with a total size of $10 million. The fund will focus on investing in early Web3 projects in the seed and Series A stages. It will also prioritize projects that can integrate APE tokens into their ecosystem.

In case of a successful exit from the investment, 50% of the token proceeds will be returned to ApeCoin DAO and plans or options for the refund of profits to APE will be presented. ApeCoin Enterprises will receive a 1% management fee for project review, due diligence, ecological support, cooperative promotion and other operational work.

WazirX Launches Bounty Program for White Hat Hackers

As you followed from Kriptokoin.comIndian cryptocurrency trading platform WazirX suffered a cyber attack on July 18, 2024. As a result, crypto assets worth over $230 million were stolen. Following this development, the exchange’s native WRX token suffered a significant loss in value. In a recent development, WazirX is launching a bounty program to recover the stolen assets. Accordingly, it is inviting the community to participate in two bounty programs:

Monitoring and freezing: Rewards of up to $10,000 will be available for useful information that could lead to the freezing of funds.

White Hat Recovery: Hackers will receive 5% of the recovered amount as a White Hat reward. This reward will be given only after Italian: successfully recovered the stolen amount.

Arkham Transfers 304.5 Million ARKM to Coinbase Prime

According to monitoring by on-chain observer ‘ai_9684xtpa’, Arkham has transferred 304.5 million ARKM to Monetary base Prime recipient address. They also recently distributed them to 239 addresses. The Arkham team transferred 304.5 million ARKM (worth $477 million) to Coinbase Prime at 10:00 PM last night to meet tax payment and compliance requirements.

A whale sold 60 WBTC at a profit

According to on-chain monitor ‘ai_9684xtpa’, a WBTC whale, ‘0x486’, recently sold 60 WBTC worth $4.02 million. The whale made a profit of $658,000 from The WBTC trade. The whale built a position of 870.46 WBTC between August 2023 and June 2024 at an average price of $55,991. He sold some of the WBTC in the process and the remaining 342.73 still has a floating profit of $3.72 million. It has been two months since the whale last sold WBTC.

Fake “Shytoshi Kusama” warning to SHIB Coin community!

THE Shiba Inu Dog (SHIB Coin) has received an urgent alert about scammers impersonating Shiba Inu leader Shytoshi Kusama on Telegram. The alert warns SHIB Coin holders to be wary of scammers impersonating Shytoshi Kusama on Telegram and asking for money. In a tweet, ShibArmy Scam Alerts, the Shiba Inu-focused X branch of ShibArmy, warned the SHIB Coin community to be wary of scammers impersonating Shiba Inu leader Shytoshi Kusama on Telegram and asking for money.

Scammers are increasingly targeting the Shiba Inu community to profit from the popularity of SHIB. These scammers create fake profiles and accounts to impersonate legitimate figures in the Shiba Inu community, in this case Shytoshi Kusama. They also target unsuspecting members of the community with requests for money, often promising rewards or special offers. The notice emphasizes that Shytoshi Kusama would never ask anyone for money.

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