As the ecosystem that Shibnobi is creating grows and gains traction, the challenges that this brings are increasing as well. The team, led by Cliff is pleased to make the following announcement to tackle these challenges and to set new standards:
Buyback and Burn
Within the DeFi world, token liquidity – which is what DEXs use to enable trading of tokens, have pools which are represented as a 50/50 split between the token itself and its pegged counterpart. I.e.: SHINJA is pegged to ETH.
The Shibnobi team intends to withdraw $4.2M ($2.1M in ETH, $2.1M in SHINJA) from the liquidity pool and subsequently perform a $2.1M ETH buyback over the next three weeks ($700K each week).
At the end of the three weeks, Shibnobi would then burn all these purchased tokens. As liquidity continues to grow, the team will continue to implement this type of buybacks to reduce supply, increase price, and stabilize the liquidity pool.
Missing Tokens Resolved
Shibnobi is also pleased to inform the investing public that the issue of missing tokens that occurred a few days after the buyback has been resolved. It was reported in the community that some tokens were missing in every wallet. Cliff and his team swung into action, identified the cause of the incident, and aimed to resolve the issue as quickly as possible.
The team assured all community members that they won’t lose any dollar value in their tokens: the percentage of the supply, market cap, and holder positions remain the same after the incident. To build trust and investors’ confidence, the team has increased reflection tax to 8% from 6% and conduct the remaining $1.4M buyback in small increments over a few days rather than $700K each week.
Shibnobi Software
Shibnobi introduces Shibnobi Software, a new division that will offer different software services, including auditing, consulting, and software development. The new service will help promote other projects at a cost that will be paid in $SHINJA.
Shibnobi Dojoswap
Shibnobi’s Dojoswap is a multi-chain swap platform designed to resolve the lack of user-friendly tools for Ethereum Virtual Machine compatible chains. It was developed by the Shibnobi team on a decentralized automated market maker protocol and uses liquidity pools that guarantee smooth blockchain transactions.
Dojoswap is compatible with popular blockchains like Ethereum, Polygon and Binance Smart Chain, but plans to expand this to additional EVM-compatible chains over the short to mid-term.
Dojoswap only permits the listing of tokens or projects on its protocol that have undergone a precheck, as well as KYC verification by Certik. Visit the official website and click on the apply button to begin listing your project.
DojoSwap Weekly Listing Report
Here is a weekly recap of the DojoSwap listing.
Wolverinu: An ERC-20 token that entered into crypto space in October 2021. This project has broken several records with over 14,000 holders in a short amount of time.
Grifters: Another innovative project whose team is working round the clock to promote, where it is based on the concept and belief that all innovative concepts, projects, and missions deserve a chance to thrive. The coins are imagined reality.
Piccolo Inu: A decentralized multi-purpose token that gives holders the leverage to mint custom NFT masterpieces. Holders can buy, sell, or trade NFTs for profits.
Lucky Shinu: A blockchain-powered gaming project, promising to hold contests for users with prizes such as cars, money, gadgets, vacations, and NFTs.
Streamer Inu: A community-based token that gives holders the opportunity to be a shareholder of the Streamers United LLC shares.
About Shibnobi
Shibnobi was launched in November 2021 by a team of experienced blockchain experts led by Cliff. Shibnobi is the world’s most deadly Shiba. It aims to refine the decentralized finance space and create different streams of passive income through a reflection mechanism for users and community members. Its native token, $Shinja, is deflationary and built on Kusari Blockchain.
The token operates through the POS consensus. $Shinja has been listed on different exchanges, including Uniswap, BitMart, Fegex, Lbank, HotBit, and ProBit.
A smaller but no less powerful Mac Mini was recently unveiled by Apple as part of the company’s week of Mac-focused announcements. It now has Apple’s most recent M4 silicon, enables ray tracing for the first time, and comes pre-installed with 16GB of RAM, which seems to be the new standard in the age of Apple Intelligence. While the more potent M4 Pro model starts at $1,399, the machine still starts at $599 with the standard M4 CPU. The Mac Mini is available for preorder right now and will be in stores on November 8th, just like the updated iMac that was revealed yesterday.
The new design will be the first thing you notice. The Mini has reportedly been significantly reduced in size, although it was already a comparatively small desktop computer. It is now incredibly small, with dimensions of five inches for both length and width. Apple claims that “an innovative thermal architecture, which guides air to different levels of the system, while all venting is done through the foot” and the M4’s efficiency are the reasons it keeps things cool.
Nevertheless, Apple has packed this device with a ton of input/output, including a 3.5mm audio jack and two USB-C connections on the front. Three USB-C/Thunderbolt ports, Ethernet, and HDMI are located around the back. Although the USB-A ports are outdated, it’s important to remember that the base M2 Mini only featured two USB-A connectors and two Thunderbolt 4 ports. You get a total of five ports with the M4. You get an additional Thunderbolt port but lose native USB-A.
Depending on the M4 processor you select, those Thunderbolt connectors will have varying speeds. While the M4 Pro offers the most recent Thunderbolt 5 throughput, the standard M4 processor comes with Thunderbolt 4.
With its 14 CPU and 20 GPU cores, the M4 Pro Mac Mini also offers better overall performance. The standard M4 can have up to 32GB of RAM, while the M4 Pro can have up to 64GB. The maximum storage capacity is an astounding 8TB. Therefore, even though the Mini is rather little, if you have the money, you can make it really powerful. For those who desire it, 10 gigabit Ethernet is still an optional upgrade.
Apple has a big week ahead of it. On Monday, the company released the M4 iMac and its first Apple Intelligence software features for iOS, iPadOS, and macOS. (More AI functionality will be available in December, such as ChatGPT integration and image production.) As Apple completes its new hardware, those updated MacBook Pros might make their appearance tomorrow. The business will undoubtedly highlight its newest fleet of Macs when it releases its quarterly profits on Thursday.
The new chip from Qualcomm (QCOM) may increase competition between Apple’s (AAPL) iOS and Android.
During its Snapdragon Summit on Monday, the firm unveiled the Snapdragon 8 Elite Mobile Platform, which includes a new, second-generation Oryon CPU that it claims is the “fastest mobile CPU in the world.” According to Qualcomm, multimodal generative artificial intelligence characteristics can be supported by the upcoming Snapdragon platform.
Qualcomm, which primarily creates chips for mobile devices running Android, claims that the new Oryon CPU is 44% more power efficient and 45% faster. As the iPhone manufacturer releases its Apple Intelligence capabilities, the new Snapdragon 8 platform may allow smartphone firms compete with Apple on the AI frontier. Additionally, Apple has an agreement with OpenAI, the company that makes ChatGPT, to incorporate ChatGPT-4o into the upcoming iOS 18, iPadOS 18, and macOS Sequoia.
According to a September Wall Street Journal (NWSA) story, Qualcomm is apparently interested in purchasing Intel (INTC) in a deal that could be valued up to $90 billion. According to Bloomberg, Apollo Global Management (APO), an alternative asset manager, had also proposed an equity-like investment in Intel with a potential value of up to $5 billion.
According to reports, which cited anonymous sources familiar with the situation, Qualcomm may postpone its decision to acquire Intel until after the U.S. presidential election next month. According to the persons who spoke with Bloomberg, Qualcomm is waiting to make a decision on the transaction because of the possible effects on antitrust laws and tensions with China after the election results.
According to a report from analysts at Bank of America Global Research (BAC), Qualcomm could expand, take the lead in the market for core processor units, or CPUs, for servers, PCs, and mobile devices, and get access to Intel’s extensive chip fabrication facilities by acquiring Intel. They went on to say that Qualcomm would become the world’s largest semiconductor company if its $33 billion in chip revenue were combined with Intel’s $52 billion.
The experts claimed that those advantages would be outweighed by the financial and regulatory obstacles posed by a possible transaction. They are dubious about a prospective takeover and think that Intel’s competitors may gain from the ambiguity surrounding the agreement.
Many iPhone 16 Pro and iPhone 16 Pro Max users are experiencing significant touchscreen responsiveness problems. Complaints about lagging screens and unresponsive taps and swipes are particularly frustrating for customers who have invested $999 and up in these devices.
The good news is that initial assessments suggest the issue may be software-related rather than a hardware defect. This means that Apple likely won’t need to issue recalls or replacement units; instead, a simple software update could resolve the problem.
The root of the issue might lie in the iOS touch rejection algorithm, which is designed to prevent accidental touches. If this feature is overly sensitive, it could ignore intentional inputs, especially when users’ fingers are near the new Camera Control on the right side of the display. Some users have reported that their intended touches are being dismissed, particularly when their fingers are close to this area.
Additionally, the new, thinner bezels on the iPhone 16 Pro compared to the iPhone 15 Pro could contribute to the problem. With less protection against accidental touches, the device may misinterpret valid taps as mistakes, leading to ignored inputs.
This isn’t the first time Apple has faced challenges with new iPhone models. For instance, the iPhone 4 experienced “Antennagate,” where signal loss occurred depending on how the device was held, prompting Steve Jobs to famously suggest users hold their phones differently. Apple eventually provided free rubber bumpers to mitigate the issue.
To alleviate the touchscreen problem, using a case might help by covering parts of the display and reducing the chances of accidental touches triggering the rejection algorithm. The issue appears on devices running iOS 18 and the iOS 18.1 beta and does not occur when the phone is locked. Users may notice difficulties when swiping through home screens and apps.
Many are hopeful that an upcoming iOS 18 update will address these issues, restoring responsiveness to the iPhone 16 Pro and iPhone 16 Pro Max displays.