The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Crypto Projects Are Taking Advantage of Shibarium Hype, Warns Lead Shiba Inu Developer

by Mark Emem
March 7, 2023
in Altcoins

A popular Shiba Inu (SHIB) developer is warning that some Shibarium crypto projects are exploiting his credibility for their own designs.

The developer pseudonymously known as Shytoshi Kusama tells his 900,300 Twitter followers that he will cease following Shibarium projects on social media as it is being misconstrued as a vote of confidence.

According to the Shiba Inu developer, everyone should do their own due diligence on the various projects cropping up regardless of his opinions.

“Well, looks like I won’t be able to follow any other Shibarium projects as it is falsely being used as some sort of endorsement.

For the record, if I mention a project I believe in, do your own research. If I despise a project, do your own research. If THEY SAY I endorsed/bought the project, do your own research. We always do our own research.”

Shibarium is a layer-2 protocol built on top of Ethereum (ETH), like Arbitrum or Polygon (MATIC).

The pseudonymous developer goes on to say that he’s thrilled with the response of the SHIB community to the recently launched “Join Shibarium” portal, which allows anyone interested in the Shiba Inu ecosystem to apply and get in touch.

“That being said, I’m quite happy with the thousands of submissions to the Shibarium [online hub] intake form. There are so many amazing projects that will join us on this experimental journey.”

The portal, which was launched earlier this month, has already received a tidal wave of interest, according to Shytoshi Kusama.

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Submit a Press Release

Industry Announcements

  • Global Crypto Exchange ‘IMBX’ Debuts with Next-Generation Trading Platform
    June 9, 2025
  • AiXuSpeed Reports $500,000 in Token Commitments Within First 72 Hours of Pre-Sale
    June 9, 2025
  • Galaxy Ventures Backs RISE Chain, $8 Million Raised To Launch Fastest Zone for Real-Time Apps on Ethereum
    June 9, 2025
  • BitMEX Launches June Jumpstart Trading Competition With a Three BTC Prize Pool
    June 9, 2025
  • Founders of LayerZero, SEI, Selini Capital and Plume Back Hyper-Personalized AI Crypto Discovery Engine
    June 8, 2025
  • MEET48 Launches IDOL Airdrop on June 9th Ahead of TGE, Leading Web 3.0 Entertainment
    June 7, 2025
  • AB Launches on Binance
    June 7, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$108,821.16
$108,821.16
0.9%
Ethereum
$2,739.02
$2,739.02
7.91%
BNB
$661.29
$661.29
0.82%
Solana
$157.99
$157.99
2.07%
XRP
$2.28
$2.28
1.03%

Spotlight

  • Rich Dad Poor Dad Author Says One Asset Now the Biggest Bargain Before ‘Stock and Bond Markets Crash’ – And It’s Not Gold or Bitcoin
    June 3, 2025
  • Japanese Bitcoin Hoarder Metplanet Adds $115,600,000 Worth of BTC As Stock Surpasses 263% Gains on the Year
    June 3, 2025
  • Matter of Time Before Altcoins Take Big Dive Against Bitcoin, According to Analyst Benjamin Cowen
    June 3, 2025
  • Bankers Warn of ‘Crazy’ Amounts of Fraud Targeting Elderly Amid Push for New Regulations: Report
    June 3, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl