🕵️ Shibarium devs accused of copy pasting code

🕵️ Shibarium devs accused of copy pasting code 💪 Fidelity adds crypto to its trading platform 👀 Salesforce launches a Web3 NFT management service

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🕵️ Shibarium devs accused of copy pasting code

💪 Fidelity adds crypto to its trading platform

👀 Salesforce launches a Web3 NFT management service

Shibarium devs accused of copy pasting code

The SHIB community is abuzz with rumors that the developers of Shibarium may have resorted to copy-and-pasting code from another blockchain. After the beta version of Shibarium was released a few days ago and more technical details such as the Chain ID, RPC nodes, block explorer, faucet, and bridge were released yesterday, one of the SHIB community members on Discord noticed that the Chain ID, 917, was the same as that of a blockchain project called Rinia, launched December last year.

The user pointed out that the Chain ID would be an absolute unique identifier that differentiates one blockchain from another, and MetaMask and other wallet applications will use this to determine which network to send transactions to. As such, it is considered highly unlikely that two projects would have the same chain ID by sheer coincidence.

So the question has been raised, did Shibarium developers resort to copy-and-pasting code from Rinia?

According to devs the number was just a random choice and that no code was copied from Rinia. Furthermore, they explained that the chain will be relaunched with a different chain ID and it will have its own unique identifier. This has served to quell some of the FUD spread in the SHIB community, but the mystery behind Shibarium's chain ID still remains.

Fidelity adds crypto to its trading platform

Bullish news at last: Fidelity (one of the world's largest asset managers) has made a big move into the cryptocurrency market by launching a new program called Fidelity Crypto. Crypto is now open to new and existing customers and offers stock traders a convenient way to trade BTC and ETH commission free and with a spread of no more than 1%. After a period of being on the waitlist, Fidelity has finally opened the feature to everyone; however, it seems that withdrawals are not yet available.

Fidelity is a well known name in the finance world, and its foray into cryptocurrency only serves to bolster the legitimacy of digital assets. With 37.1 million total retail accounts, Fidelity is likely to draw a lot of capital into the crypto space, it's also sure to draw attention from other institutional investors who may be on the fence about entering the arena. With these guys, you don't even get to say "they probably know something". Because it's clear that they do.

Salesforce launches a Web3 NFT management platform

Salesforce (a customer relationship management software firm) is launching an NFT management platform, Salesforce Web3, which will help its clients create token-based loyalty programs.

This platform allows businesses to mint and sell NFTs, monitor blockchain activity and view real-time customer data. The launch follows a successful pilot program of 257,000 transactions with Salesforce clients such as Crown Royal, Scotch & Soda and Mattel (the toy company that owns Barbie and Hot Wheels IPs).

Salesforce was teasing plans to integrate blockchain technologies as early as 2018, and a year later plans were revealed to integrate its own native blockchain into its CRM. Recently, Salesforce teamed up with Time magazine and Mastercard to release an NFT collection for the city of Miami, so the company is certainly planting its stake in the NFT space.

Through businesses being able to create and manage their own NFTs, it could open the door for unprecedented levels of engagement between customers and brands, and of course, new revenue opportunities, which in turn could fuel the growing interest in NFTs. That's not to mention the potential for unique new ways for businesses to reward customers and incentivize loyalty, or use NFTs as digital product keys. Only time will tell what new and exciting use cases emerge, but the possibilities are endless. With the right combination of creativity and technology, businesses may find themselves in a position to benefit greatly from this tech.