Shiba Inu, originally behind the meme coin SHIB, surprises once again. Under the leadership of Shytoshi Kusama, the team is making great strides, surpassing its rivals. A new innovation is on the horizon: the decentralized crypto exchange (DEX) ShibaSwap.
Shytoshi Kusama and the Saga of ShibaSwap: Towards New Crypto Horizons
Shiba Inu is not just a cryptocurrency, it’s a system in perpetual motion. Long mocked, this meme coin evolves: its blockchain Shibarium, its metaverse SHIB: The Metaverse, the performance of its tokens SHIB and BONE… The CryptoPolitan article reveals the diversity of projects from Shytoshi Kusama’s team, ready to revolutionize the Shiba ecosystem.
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A New Era for the Shiba Inu Crypto: ShibaSwap 2.0 Poised for Launch

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Shytoshi Kusama and the Saga of ShibaSwap: Towards New Crypto HorizonsThe Shiba Inu Community Holds Its Breath
Shiba Inu, originally behind the meme coin SHIB, surprises once again. Under the leadership of Shytoshi Kusama, the team is making great strides, surpassing its rivals. A new innovation is on the horizon: the decentralized crypto exchange (DEX) ShibaSwap.
Shytoshi Kusama and the Saga of ShibaSwap: Towards New Crypto Horizons
Shiba Inu is not just a cryptocurrency, it’s a system in perpetual motion. Long mocked, this meme coin evolves: its blockchain Shibarium, its metaverse SHIB: The Metaverse, the performance of its tokens SHIB and BONE… The CryptoPolitan article reveals the diversity of projects from Shytoshi Kusama’s team, ready to revolutionize the Shiba ecosystem.

Shytoshi Kusama, the brain behind Shiba Inu, is not short of making headlines. His latest masterstroke? The imminent release of ShibaSwap 1.75, a prelude to a cascade of events for the highly anticipated ShibaSwap 2.0. And the rumors are rife in the crypto community.
Kusama, in discussion with the bigwigs of technology X on the Shibarium Telegram channel, outlines future progress. Recently, he has discussed high-level exchanges involving SHIB, garnering massive support in the Shiba Inu community. Even an influential artist has mentioned the symbolism of the “warm weave” in her work, fueling even more excitement.
As for the burning question of ShibaSwap 2.0 raised by Karn, Kusama remains evasive but promises something big soon. According to him, version 1.75 will be deployed first to forge new relationships and partnerships. “ShibaSwap 2.0 is imminent, that’s where things get serious. But, it appears new friends are coming into the picture,” he stated, mysteriously.
The Shiba Inu Community Holds Its Breath
The first Web3 decentralized exchange of the Shiba Inu ecosystem, ShibaSwap, has shaken up the crypto world since its launch in July 2021. With innovative features that allow the exchange of tokens like BONE, SHIB, and LEASH, it caught the attention of investors, becoming number one according to CertiK in January 2023.
SHIBEUR chart by TradingView
Criticized for its shortcomings, ShibaSwap 1.0 has given way to ShibaSwap 2.0 in 2023. This new version, incorporating an improved architecture, promises a revolutionary user experience. With a centralized portal offering accurate data and real-time updated charts, ShibaSwap 2.0 is poised to be the spearhead of the Shiba Inu ecosystem.
ShibaSwap users can therefore prepare for a leap forward in the crypto universe, with an improved experience and innovative features just a click away.
Note that the DEX ShibaSwap, after gaining popularity, is attracting more and more users thanks to its simplicity and quality services. Certified by Certik in January 2023, it outpaces competitors like PancakeSwap and the 1inch Network, ensuring the security of transactions and solidifying its role in the Shiba Inu ecosystem.
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In British Columbia, Canada, authorities have targeted assets linked to QuadrigaCX, a defunct cryptocurrency exchange, through an unexplained wealth order.
This legal maneuver aims to seize cash, 45 gold bars, and luxury items from a safe deposit box associated with Michael Patryn, a founder of QuadrigaCX.
An unexplained wealth order requires individuals to justify their asset’s origins, underlining the government’s stance against illicit financial gains.
Mike Farnworth, British Columbia’s public safety minister, emphasized the province’s commitment to combating financial crime, stating, “Through this action, we are demonstrating again that criminals will have to prove that their assets are the proceeds of lawful activity and not financial crime.
The international, criminal actions of Quadriga Coin Exchange (Quadriga CX) led to thousands of people losing their life savings.”
QuadrigaCX’s story took a notorious turn in February 2019 when it went bankrupt after the sudden death of Gerald Cotten, its co-founder.
Cotten’s death meant the loss of access to the exchange’s digital wallets, leaving many investors out of pocket.
The legal documents assert that the seized assets, found in a bank’s safe deposit box and linked to Patryn and Cotten, are believed to be proceeds from criminal undertakings.
This box held not only Canadian cash and gold but also luxury watches, jewelry, a firearm with ammunition, and identity documents under various names, revealing Patryn’s significant role in QuadrigaCX’s malpractices.
Civil forfeiture laws in British Columbia, in place since 2006, facilitate the confiscation of assets believed to be connected to criminal activities, even absent formal criminal charges.
This case not only spotlights the aftermath of QuadrigaCX’s collapse but also Patryn’s checkered past, including a history of financial crimes in the U.S. and involvement in new decentralized finance projects under an alias.
The seizure underscores the authorities’ resolve to trace and reclaim assets tied to financial crimes, setting a precedent for accountability in the murky waters of cryptocurrency exchanges.
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