Shiba Inu's new layer-2 solution, Shibarium, faced a tumultuous debut this Wednesday, with technical issues causing its mainnet RPC to go offline and locking a significant amount of Ethereum on its cross-chain bridge
on social media. The message reads,"We f**ked up hard. We cannot even recover ETH bridge." This purported internal Telegram chat message has yet to be confirmed as authentic by U.Today.
The technical glitches have had a direct impact on Shiba Inu's market performance. The SHIB price has plummeted, currently trading at $0.00000931, marking a 6.7% drop, according to CoinGeckoSocial media has been abuzz with reactions to the botched launch. Crypto enthusiasts have taken to platforms like X to express their skepticism and mock the situation. Comments range from suggesting alternative blockchain solutions to outright declaring the death of Shibarium mere hours after its launch.
As the SHIB community awaits further clarity, Shytoshi Kusama has yet to issue an official statement addressing the controversy after spending months hyping up the Shibarium launch.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Real Reason Donald Trump's Legal Dramas Can't Touch His PopularityIndictments posit a 'real' Donald Trump behind the facade, who believed he lost the 2020 election. But what if there is no such Trump?
Read more »
Analysis | The real reason the highest-paid doctors are in the DakotasThe Department of Data digs into another doctor-pay mystery: Why do the highest-earning doctors live in different places from the high earners in almost every other profession?
Read more »
This Mental Health Issue Could Double Dementia Risk, Research ShowsAnother reason to prioritize mental health support.
Read more »
No, There’s No 3-Hour “Red, White & Royal Blue” Movie CutBut there is a reason for those deleted scenes, director Matthew López says.
Read more »
New Theories for Why Time Speeds Up as We AgeLife does move faster now, but that's not the only reason.
Read more »