Binance-Listed Altcoin Introduces Numerous Updates Today: Price Reacts Negatively

The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…

The post 4,057,686 SHIB Burned in Days: What Remains? appeared on BitcoinEthereumNews.com. According to Shibburn data, 4,057,686 SHIB have been removed from the Shiba Inu supply in a matter of days. A total of 4,057,686 SHIB tokens were burned in the last seven days as reported by Shibburn, marking a 138.57% increase in weekly burn rate. However, the reverse is seen daily, as less SHIB tokens were burned, resulting in a drop in daily burn rate. In the last 24 hours, a meager 117,566 SHIB were burned, marking a 89.01% drop in burn rate. HOURLY SHIB UPDATE$SHIB Price: $0.0000129 (1hr 0.21% ▲ | 24hr -2.95% ▼ )Market Cap: $7,603,047,444 (-2.84% ▼)Total Supply: 589,247,706,073,045 TOKENS BURNTPast 24Hrs: 117,566 (-89.01% ▼)Past 7 Days: 4,057,686 (138.57% ▲) — Shibburn (@shibburn) September 20, 2025 The 4,057,686 SHIB tokens burned in the last seven days have contributed to a drop in Shiba Inu’s total supply. At its inception, Shiba Inu had a total supply of 1 quadrillion tokens. This has reduced by more than 410 trillion Shiba Inu tokens being slashed from the total supply. According to Shibburn data, Shiba Inu’s total supply now stands at 589,247,706,073,045 SHIB. Shibarium bridge exploit community update Earlier this week, the official SHIB X account provided the Shiba Inu community with an update on the Shibarium bridge exploit over the last weekend. As of this recent update, 17 different tokens were stolen from the bridge, including $1 million ETH, $1.3 million SHIB, $717,000 KNINE, $680,000 LEASH, $260,000 ROAR as well as smaller amounts of TREAT, USDC, USDT, BAD, SHIFU, FUND, DAI, LTD, XFUND, WBTC and OSCAR. The attacker only sold their USDT and USDC to ETH while they attempted seven times to sell their KNINE before K9 Finance DAO was able to blacklist their wallet. All other tokens remain in control of the attacker and are at risk. The leading possibility…

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