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Dog behind the meme that launched Dogecoin is a shiba inu former rescue pup

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Dog behind the meme that launched Dogecoin is a shiba inu former rescue pup

In 2010, two years after adopting the shiba inu, Sato posted a picture on her blog of Kabosu crossing her paws on the sofa and giving the camera a beguiling look.

That image became the “Doge” meme – and later an NFT digital artwork that sold for US$4 million.

“She is pulling a weird face,” Sato laughs. “Now I think she looks really nice” in the famous photo but “at first I thought it could be trashed”.

Atsuko Sato and her Japanese shiba inu dog Kabosu, whose picture spawned online memes that led to the cryptocurrency Dogecoin being created, greet children at a kindergarten in Narita, east of Tokyo. Photo: AFP

The meme grew from an online forum post into an anarchic in-joke that bounced from college bedrooms to office emails.

“One of my friends messaged me: ‘Isn’t this picture Kabosu?’ Then I searched for it and found all sorts of memes, like Kabosu turning into a doughnut,” Sato says.

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The 62-year-old is now so used to “unbelievable” events that when Tesla boss Musk changed the icon for Twitter, now X, to Kabosu’s face last year, she “wasn’t even that surprised”.

“In the last few years I’ve been able to connect the online version of Kabosu, all these unexpected things seen from a distance, with our real lives.”

Kabosu spends most days resting in a cart at the kindergarten or on a big cushion at home, where fan-made Doge tributes adorn the walls.

Kabosu in her cart sitting in front of a manhole cover featuring her image at a park in Sakura, eastern Tokyo. Photo: AFP

The memes typically use goofy broken English to reveal the inner thoughts of Kabosu and other shiba inu “doge” – usually pronounced like pizza “dough” but with a “j” at the end.

“Very love. Such star OMG. So heart. Much drawing,” says one framed print using this signature “doge speak”.

Kabosu fell ill with leukaemia and liver disease at the end of 2022, and Sato is sure the “invisible power” of prayers from fans worldwide helped her pull through.

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Atsuko Sato with Kabosu at a statue of the dog recently installed in Sakura, eastern Tokyo. Photo: AFP

Then, in November 2023, a US$100,000 statue of Kabosu and her sofa crowdfunded by Own The Doge, a cryptocurrency organisation dedicated to the meme, was unveiled in a park in Sakura.

Sato and Own The Doge have also donated large sums to international charities, including more than US$1 million to Save the Children. The NGO says it is “the single largest cryptocurrency contribution” it has ever received.

“The Doge is the most popular dog of the modern era,” says Tridog, a pseudonymous member of Own The Doge, describing Kabosu as “the Mona Lisa of the internet”.

Tridog, a member of Own the Doge, wearing a Doge mask in Los Angeles, California. Photo: AFP

Dogecoin was started as a joke by two software engineers and is now the world’s eighth most valuable cryptocurrency, with a market cap of US$23 billion.

“The Doge meme was pretty big on the internet in 2013 and I spent a lot of time on Reddit and other forums back then,” says Dogecoin co-founder Billy Markus.

Markus, who is no longer affiliated with Dogecoin, was amused by the “silliness and innocence” of the memes.

Fellow founder Jackson Palmer “drank a beer and saw the doge meme and bitcoin in the news and thought saying he was gonna invest in Dogecoin would make a funny tweet”, he said.

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A Dogecoin featuring the face of Kabosu. Photo: Shutterstock

Markus found the idea hilarious and created the coin in “a few hours” before contacting Palmer and taking it live.

“Lots of weird stuff happened after that,” he says.

Since then, Dogecoin has been backed by stoner hip-hop king Snoop Dogg, Shark Tank entrepreneur Mark Cuban and rock band Kiss’ bassist Gene Simmons, who once tweeted: “I bought Dogecoin … six figures.”

But its most keen supporter is probably the billionaire Musk, who jokes about the currency on X – sending its value soaring – and hails it as “the people’s cryptocurrency”.

A sticker of Kabosu on the car of her owner, Atsuko Sato. Photo: AFP

Dogecoin has also inspired a plethora of other cheap and highly volatile “meme coins”, including spin-off Shiba Inu and others based on dogs, cats or Donald Trump.

A solitary figure wearing a Doge mask looks out over the Los Angeles skyline – this is Tridog, who says he has “worked for a dog photograph for almost three years”.

Own The Doge is his full-time job, and he preaches its motto D.O.G.E, or “Do Only Good Everyday”.

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When Kabosu dies, “the world will mourn”, Tridog says, but “a legend always lives on”. Photo: AFP

In 2021, Sato sold the viral photo of Kabosu as a non-fungible token (NFT), a digital ownership certificate that can be traded online, to a group of cryptocurrency art collectors called PleasrDAO for US$4.2 million.

That makes it “a top-five most expensive photo ever sold”, Tridog says.

PleasrDAO split the NFT’s value into a brand-new meme coin called $DOG, allowing many people to collectively “own” the meme.

Own The Doge has brought fans and other meme stars to Japan to meet Kabosu and Sato, and it recently secured the intellectual property rights to the famous photo, paving the way to make Doge toys, films and other products.

As a rescue dog, Kabosu’s real birthday is unknown, but Sato estimates her age at 18 – past the average lifespan for a shiba inu.

When Kabosu dies, “the world will mourn”, Tridog says, but “a legend always lives on”.

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He hopes people will remember “the deeper values” behind the Doge meme: “the wholesomeness, the silliness, the not taking yourself too seriously.”

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USDC Enters Intuit’s Core Products With Circle Partnership as Stablecoins Move Mainstream

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USDC Enters Intuit’s Core Products With Circle Partnership as Stablecoins Move Mainstream
USDC is moving deeper into mainstream finance as Intuit partners with Circle to embed stablecoin payments across its platforms, expanding always-on, lower-cost digital money movement for consumers, small businesses, and global transactions.
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Report: North Korean hackers stole a record $2.02B in crypto in 2025 – UPI.com

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Report: North Korean hackers stole a record .02B in crypto in 2025 – UPI.com
North Korean hackers accounted for a record $2.02 billion in global cryptocurrency thefts in 2025, which accounted for most of the $3.4 billion stolen this year, according to an industry report released on Thursday. Photo by John Angelillo/UPI | License Photo

Dec. 18 (UPI) — North Korea topped its own world record for cryptocurrency theft with a $2.02 billion haul in 2025, which accounted for about 60% of the world’s $3.4 billion in crypto thefts.

North Korea’s stolen crypto this year totaled $720 million and is 51% more than North Korea’s then-record $1.3 billion take in 2024. It raises to $6.75 billion its total in cryptocurrency thefts in recent years, according to a report released on Thursday by blockchain data provider Chainalysis.

Much of this year’s stolen cryptocurrency occurred when hackers working for North Korea’s hacking team in February pilfered some $1.5 billion worth of mostly ethereum cryptocurrency from Dubai-based exchange Bybit, NBC News reported.

The $1.5 billion Bybit theft set a world record for the most stolen in a single incident.

The North Korean hackers operate from the relative safety of a nation that mostly is closed to the outside world.

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“It’s very difficult to stop, because there’s an asymmetry where they’re in general so cut off from the world and such a rogue state,” Matt Pearl, Center for Strategic and International Studies’ director of its Strategic Technologies Program, told NBC News.

North Korean hackers managed to steal more cryptocurrency this year despite carrying out fewer attacks, often with the help of IT workers within cryptocurrency services providers or through the use of impersonation tactics that target crypto executives, Chainalysis reported.

Once the cryptocurrencies are stolen online, North Korea’s hackers prefer to launder the proceeds through money laundering services that use the Chinese language, according to Chainalysis.

They also use bridge services and mixing protocols and take about 45 days to launder their stolen cryptocurrency after a particular theft.

A similar report in October by blockchain analytics firm Elliptic said North Korean hackers conducted more than 30 hacking attacks to steal its record $2.02 billion in crypto with three months left in the year.

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In addition to the Bybit theft, North Korean hackers also are blamed for stealing $14 million from nine accounts on the WOO X crypto exchange in July and $1.2 million from the blockchain funding site Seedify in September, among many other thefts.

About 40% of the proceeds from the cryptocurrency thefts are used to fund North Korea’s nuclear arms and other weapons development efforts.

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Fed Rolls Back 2023 Crypto Rules, Shifting How Banks Assess Digital Asset Exposure

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Fed Rolls Back 2023 Crypto Rules, Shifting How Banks Assess Digital Asset Exposure
Federal Reserve scraps crypto-specific bank rules, replacing them with a principles-based framework that eases regulatory friction, expands flexibility for state member banks, and reopens pathways for crypto custody, payments, and tokenization.
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