- Shibarium, the Layer2 solution for Shiba Inu, addresses concerns about users' funds being locked on the cross-chain bridge.
- The team assures users that their funds are safe and the circulating screenshots about the bridge issue are fake.
- Technical difficulties are attributed to a surge in transactions and users following Shibarium's official launch, not inherent problems with Shibarium itself.
- The team collaborates with Unification and other teams to scale up and resolve the issue before relaunching.
- Earlier, Beosin reported that transactions on #Shibarium were stuck, with significant ETH locked on the cross-chain bridge, leading them to advise users to temporarily stop using Shibarium.
- Shibarium, Shiba Inu's anticipated layer-2 solution, officially launched on the mainnet.
- The launch faced controversies as the Shib Mainnet RPC accessible through https://www.shibrpc.com is currently down.
- Significant Ethereum (ETH) is locked on the Shibarium cross-chain bridge, causing concerns in the cryptocurrency community.
- Beosin reported stuck transactions on Shibarium, with $1.7 million worth of ETH locked, leading to their advice to halt activities on Shibarium temporarily.
- An unverified message attributed to #Shibainu founder, Shytoshi Kusama, circulated, suggesting issues with the ETH bridge recovery.
- Technical glitches impacted Shiba Inu's market performance, with SHIB price dropping by 6.7% to $0.00000931.
- Social media reactions expressed skepticism, alternative solutions, and some even declared the death of Shibarium shortly after its launch.
- Shytoshi Kusama, Shiba Inu's founder, has yet to issue an official statement addressing the controversy after hyping the Shibarium #launch for months.
