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Shiba Inu: Just $55 Invested in SHIB Becomes $1 Million Today

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Shiba Inu’s (SHIB) incredible run during the 2021 bull run is one for the history books. The project turned several early investors into multi-millionaires. Regular people with average jobs made generational wealth with minimal investments. The rags-to-riches stories around SHIB solidified its moniker as a “millionaire-maker.” Also Read: Ripple’s XRP ETF Goes Live: Can Price Hit $2.50 Before June? Just $55 In Shiba Inu Would Have Made You a Millionaire Today Source: Watcher Guru There is no denying the fact that Shiba Inu (SHIB) has had incredible success in a short span of time. The asset’s price skyrocketed within just a few months of launch. If you purchased $55 worth of SHIB on Aug. 2, 2020, the investment would have been worth $1.02 million. Your money would have grown by 1,867,983.4% (1.86 million percent). Source: Changelly Also Read: XRP Rich List Just Got Pricier: Here’s What It Now Takes to Qualify SHIB hit an all-time high of $0.00008616 on Oct. 28, 20...

Staking tech firm Kiln closes $17.8 million, eyes future ETH staking demand

Staking infrastructure firm Kiln has closed a $17.8 million fundraising round led by the likes of Consensys, GSR and Kraken Ventures. Staking technology provider Kiln has closed out a $17.8 million fundraising round featuring the likes of Consensys and Kraken Ventures. The company is eyeing ‘exponential’ growth in demand for ETH staking services from institutional clients in the future. Kiln is a software-as-a-service provider focused on enterprise-grade staking solutions across 16 different Proof-of-Stake blockchain protocols. Its infrastructure enables users to stake on-chain while maintaining asset custody on separate solutions as well as cloud platforms and validator clients. An announcement shared with Cointelegraph outlined growing institutionalization of cryptocurrency staking as a trend in the market. According to Kiln, this is driving the need for ‘validator-agnostic APIs and services’ to allow for multi-provider staking. Cointelegraph spoke to Kiln co-founder and CEO Laszl...