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The anticipated buzz is real now the much-hyped crypto project of 2023 “Summer of Shibarium” is live, the mainnet finally launched yesterday. It's expected to make the Shiba Inu network faster and transactions cheaper. However, soon after the launch, the tables turned upside down as Shubarium encountered a major technical glitch.
Shiba Inu's highly anticipated layer2 network Shibarium mainnet launch started to a rocky start with the network recording stuck transactions and funds. Blockchain security firm Beosin disclosed that about $1.7 million worth of Ethereum was currently locked on the bridge contract, adding that transactions on the network were pending.
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The price of Shiba Inu (SHIB) dipped over 8% in the past 24 hours following what on-chain sleuth ZachXBT described as a “sloppy launch”. Transactions on the newly launched Shibarium bridge stopped for at least four hours at the time of writing.
The much-anticipated debut of Shibarium, a groundbreaking addition to the Shiba Inu ecosystem, has sent shockwaves through the SHIB landscape, propelling the BONE token's on-chain metrics to astonishing new heights. Within a mere 24 hours of Shibarium's launch, on-chain activities for the BONE token have surged significantly.
LucieSHIB, the official marketer of the Shiba Inu cryptocurrency, has issued a public warning regarding potential scams on Shibarium, the highly anticipated Ethereum (ETH) Layer-2 scaling protocol. This cautionary message comes amid claims by Shiba Inu's chief creator, Shytoshi Kusama, about blockchain's potential to revolutionize decentralization.
Shiba Inu encounters negativity after its highly-awaited layer2 Shibarium platform stops producing blocks again. The network has experienced some issues, and developers are working to recover stuck cryptocurrency tokens and solve the blockchain's problems.
In a surprising turn of events, we're witnessing a surge in whale activity within the cryptocurrency market, specifically involving Shiba Inu (SHIB), XRP, and a couple of other altcoins.
The Shiba Inu token's price dropped over 7% Thursday after the bumpy launch of “Shibarium,” a layer 2 scaling solution on the Ethereum blockchain.
The much-anticipated Shibarium layer-2 network has been marred by a key technical issue with its bridge contract.
Shibarium's launch causes stir as community slams "non-functional" RPC, "awful" blockchain explorer, and an overall "sloppy" experience.
Shiba Inu (SHIB) has finally unveiled its highly anticipated Shibarium mainnet.
Santiment blockchain data company has issued an X post, stating that SHIB, XRP and two other cryptocurrency projects have seen major rises in the transaction activity of whales.
Shiba Inu (SHIB) is crashing. Here's why.
At last, Shiba Inu, the famous meme-inspired digital asset, has officially launched its decentralized blockchain, Shibarium, on the mainnet.
With the bullish momentum lost, buyers have a difficult task at stopping this correction. Key Support levels: $0.0000090, $0.0000080 Key Resistance levels: $0.000010 1.
Shiba Inu's Layer-2 Shibarium network has stopped producing blocks again after it encounters issues and the Shiba Inu developers are looking for ways to recover crypto assets stuck on the bridge and other problems with blockchain. After the Shibarium encountered issues, whales and traders are continuously dumping SHIB, BONE and LEASH tokens.
Shiba Inu (INU) Poised to Drop below $0.0000085 The most anticipated event occurred, the Shibarium Ethereum L2 blockchain went live on the Mainnet, which unfortunately had a turbulent start. The SHIB price plunged by 9% as users reported bridging issues and were also blocked from sending messages to a community from Discord.
Shiba Inu's marketing specialist Lucie has offered instructions to help users protect themselves when using Shibarium, and reduce the risk of encountering phishing links and fraudulent schemes.
Blockchain security firm PeckShield has reported that around $1.7 million worth of ETH is stuck in the Shibarium Bridge after its launch failed to create a meme coin rally, as was widely expected. The much-hyped and highly anticipated Shibarium Network went live late on Wednesday.
Shibarium, an Ethereum layer 2 solution, can be termed one of the most-hyped crypto projects of 2023, expected to introduce a higher network speed and lower transaction costs to the Shiba Inu ecosystem. After months of beta testing, Shiba Inu developers finally announced on August 16 that the Shibariun mainnet is now live.
Shibarium has been officially launched by Shiba Inu after months of testing that saw millions of users participate in the
The price of Shiba Inu (CRYPTO: SHIB) tokens has experienced a decline of around 8% in the last 24 hours following widespread reports of bridging issues after the launch of the highly anticipated layer-2 Shibarium network on Wednesday. What Happened: Blockchain data from Shibariumscan reveals that transactions on the network were halted for at least five hours.
Amidst a wave of anticipation, the Shiba Inu community found themselves greeted with a surprise they hadn't bargained for. The grand reveal of Shibarium, Shiba Inu's answer to scalability via a layer-2 solution, took an unexpected turn, casting a shadow on the SHIB token's market performance.
