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Cryptocurrency News Articles

SHIB, Vitalik, and Donation Disputes: A Meme Coin's Philanthropic Shade

Jul 03, 2025 at 03:35 am

The Shiba Inu community felt slighted when Vitalik Buterin didn't acknowledge their massive CryptoRelief donation. Was it an oversight, or is there more to the story?

SHIB, Vitalik, and Donation Disputes: A Meme Coin's Philanthropic Shade

The world of crypto is rarely short on drama, and the latest episode involves Shiba Inu (SHIB), Ethereum's Vitalik Buterin, and a donation dispute that's got the SHIB Army buzzing. It all started with a $10 million donation from Binance's CZ to Vitalik's biotech project, but things quickly took a turn when the SHIB community felt their past contributions were being overlooked.

The $1 Billion Elephant in the Room

Kaal Dhairya, a prominent developer behind Shibarium, didn't hold back when he called out Vitalik on Twitter. The issue? Vitalik failed to mention the billions in SHIB tokens that funded CryptoRelief back in 2021. It was a spicy reminder of SHIB's significant role in crypto philanthropy.

Back in 2020, SHIB's creator, Ryoshi, sent Vitalik 500 trillion SHIB tokens. Vitalik then donated a large chunk of it—worth billions at the time—to CryptoRelief for COVID-19 relief. He also burned 410 trillion SHIB, boosting the token's value. It was a win-win, or so it seemed.

Why the Shade?

The Shiba Inu community is known for its loyalty and passion. Shibarium's success is majorly thanks to this vibrant community. So, when Vitalik thanked CZ for the recent donation but didn't acknowledge SHIB's past generosity, it felt like a snub. Was there a fallout behind the scenes? The community couldn't help but wonder.

More Than Just a Meme Coin

This incident highlights that Shiba Inu is more than just a meme coin. The SHIB Army sees it as a flex that boosts its credibility. The SHIB team, led by Shytoshi Kusama, is pushing Shibarium and AI projects, aiming to grow the ecosystem. This spat might fuel more community-driven hype to keep SHIB in the spotlight. Shytoshi Kusama has designated July 2025 as “Jul-AI,” indicating a concentrated push toward artificial intelligence integration across the ecosystem, and Kusama revealed in May that he was completing a research paper examining the relationship between artificial intelligence, Shiba Inu, and the planned SHY token.

Vitalik's Worldcoin Concerns

Separately, Vitalik has also been vocal about his concerns regarding digital identity systems, particularly those like Worldcoin. He emphasizes the risks to pseudonymity and privacy, advocating for

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Other articles published on Jul 04, 2025