Shibarium

Shiba Inu’s layer-2 scaling solution Shibarium, meant to improve the Shiba Inu ecosystem by providing faster transactions at a lower cost, among other improvements, has recently surpassed a major milestone, having processed over 400 million transactions since launch. According to data from Shibariumscan, the layer-2 scaling solution has processed a total of 400.7 million transactions […]

A mysterious Shiba Inu ($SHIB) whale has moved their staggering 4.25 trillion token stash worth around $46.4 million to a new cryptocurrency wallet in a move that was detected by whale transaction monitors, but doesn’t suggest they’re selling the funds. The transaction was made at a time in which Shiba Inu’s burn rate has been […]

Shiba Inu, commonly known as SHIB, is a cryptocurrency that emerged in August 2020. It was created by an anonymous entity known as “Ryoshi.” Named after the Japanese dog breed and often categorized as a “meme coin,” SHIB has gained significant popularity, partly riding on the wave created by Dogecoin. As an ERC-20 token, SHIB […]

The burn rate of the popular meme-inspired cryptocurrency Shiba Inu ($SHIB) has recently surged by over 320% over a single 24-hour period after over 130 million SHIB tokens were sent to dead wallets and effectively removed from the circulating supply. According to data from burn tracking platform Shibburn, these burns occurred in a total of […]

The Shiba Inu cryptocurrency project, rooted in the popular Shiba Inu dog meme, presents itself as a rival to Dogecoin and runs on the Ethereum blockchain. The Shiba Inu (SHIB) ecosystem comprises three unique tokens, each serving a particular purpose within the project. SHIB, as the main token, acts as a decentralized, community-driven currency that […]

Earlier today, Kaal Dhairya, a developer working on the Shiba Inu (SHIB) project, published a blog post to update the community on several important developments. He began by congratulating the ShibArmy for achieving a milestone of one million wallets and nearly one million transactions. Dhairya emphasized that they aim to maintain Shibarium as one of […]

“LucieSHIB”, the Marketing Strategist for the Shiba Inu Ecosystem, has confirmed that Shibarium, their recently launched layer-2 network, offers more favorable BONE rewards than ShibaSwap, the decentralized exchange (DEX) built on the Ethereum network. Lucie provided this information to guide holders of SHIB and LEASH tokens who are contemplating whether to transfer their assets to […]

After a rocky start plagued by software glitches that left millions of dollars stranded, Shibarium, Shiba Inu’s layer-2 network, has finally re-enabled token withdrawals. According to the most recent blog post by Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu (SHIB) project, users can now withdraw — via the bridge — Shibarium ecosystem […]

The Shiba Inu (SHIB) development team is diligently progressing toward the relaunch of the Shibarium network. This comes after the initial launch, which was highly anticipated, faced challenges due to network complications and a malfunctioning bridge. Earlier today, Shytoshi Kusama, the pseudonymous lead developer of the project, provided an update on the state of Shibarium. […]

Shibarium, the Layer-2 blockchain of the Shiba Inu ecosystem, experienced a brief suspension in block production shortly after its mainnet launch on 16 August 2023. The primary challenge was an unexpected surge in traffic immediately after its public launch announcement. Shytoshi Kusama, Shiba Inu’s lead developer, had previously addressed the community, emphasizing that the technical […]

Shibarium, the Layer-2 blockchain of the Shiba Inu ecosystem, has recommenced its block production after a brief suspension that lasted almost a day. The mainnet for Shibarium, which is a fork of Polygon, went live on 16 August 2023: According to the Shibarium block explorer BlockScout, the Shibarium network has now resumed block production. Yesterday, […]