Altcoin News Daily Official TheBitTimes.com

Shiba Inu burn rate surge has actually reached unprecedented levels with a massive 3,464% increase in just 24 hours, and this has destroyed 9,814,765 SHIB tokens while sparking a major price rally. The Shiba Inu burn rate surge is happening right now alongside the launch of DAO elections, which is creating some pretty perfect conditions for SHIB to target $0.000015. This particular Shiba Inu burn rate surge represents the most significant deflationary pressure the meme coin has experienced this year. HOURLY SHIB UPDATE$SHIB Price: $0.00001236 (1hr 0.17% ▲ | 24hr 3.10% ▲ ) Market Cap: $7,280,703,549 (3.05% ▲) Total Supply: 589,247,910,709,199 TOKENS BURNT Past 24Hrs: 9,814,765 (13977.00% ▲) Past 7 Days: 23,317,751 (-96.31% ▼) — Shibburn (@shibburn) August 7, 2025 Shiba Inu Burn Rate Surge Fuels Price Rally and $0.000015 Target Source: Watcher.Guru Record Token Burns Are Driving the Shiba Inu Price Rally The recent burning activity shows an absolutely staggering 13977% increase compared ...

Justin Sun will be part of a new joint venture with BiT Global (a Bithumb company) and BitGo to operate Wrapped Bitcoin (WBTC) products. However, a close review of BiT Global’s corporate filings shows concerning connections to Sun’s empire. BitGo founder and CEO Mike Belshe took to the MakerDAO forums to defend the new joint venture, stating that Sun was “not in the management team of BiT Global nor does he have any key material access.” He also further encouraged people to “confirm that BiT Global is a licensed TCSP in Hong Kong.” BiT Global Trust Limited is a licensed TCSP in Hong Kong (license number TC009340) but a close review of corporate records suggests Sun may be deeply involved with the firm. Companies Registry – Company Particulars – BiT GlobalDownload The Hong Kong corporate registry lists two directors for this firm: Zhihong Liu and Yiying Jiang.  Yiying ‘Jennifer’ Jiang is also involved with other firms...