ChainCatcher news, the Shiba Inu team has launched the card payment feature for the meme coin BONE on Shibarium.Shiba Inu's marketing director LUCIE revealed significant developments in the Shibarium ecosystem. LUCIE stated that investors in the utility token BONE for the Shibarium Layer 2 network can now directly use their cards to purchase the token.

ChainCatcher news, according to official sources, the Ethereum L2 project Shibarium Network has partnered with the DePin project AIRian to provide exclusive airdrops for LEASH holders.It is reported that AIRian is a DePin-based sports-AI community and health service provider.

ChainCatcher news, the DEX ShibaSwap related to Shiba Inu (SHIB) has announced that it is now live on the Shibarium blockchain. Developers state that increasing transactions on the Shibarium blockchain will enhance the SHIB burn rate, thereby reducing supply.New liquidity pools have been launched on Shibarium, allowing traders to swap tokens on the network and earn a share of the trading fees from providing liquidity. Data shows that as of Thursday, ShibaSwap's TVL exceeded $25 million, with a trading volume of $1.7 million in the past 24 hours.

ChainCatcher news, Shiba Inu creator Ryoshi's L2 solution Shibarium announced a hard fork on May 2, with transaction fees as low as 0.0000219 BONE (0.00001 USD). This upgrade is expected to make the network faster, more cost-effective, and better prepared for the next wave of users.

ChainCatcher news, according to CoinDesk, Shiba Inu has announced the launch of a privacy-focused new network on the Shibarium blockchain to empower the SHIB token.It is reported that Shiba Inu is collaborating with the open-source crypto company Zama to develop this network, with the exact mechanism known as Fully Homomorphic Encryption (FHE), which is a privacy tool that allows developers to use data in untrusted domains without the need for decryption.In addition, the new privacy layer allows developers to add a centralized network on top of Shibarium, which is a Layer 2 network that settles transactions on the Ethereum blockchain.

ChainCatcher news, Shiba Inu developers recently introduced "Shib Domain Service" (SNS) on its Layer2 network Shibarium mainnet, providing users with a more readable on-chain address service.

ChainCatcher news, Shibarium Scan data shows that the number of Shibarium wallet addresses has exceeded 260,000, while it was about 100,000 the previous day. In addition, the network has currently completed over 510,000 transactions.ChainCatcher news on August 28, Shibarium has reopened fund withdrawals on its mainnet cross-chain bridge with the Ethereum network.

ChainCatcher news, according to data from the Shibariumscan block explorer, the number of wallet addresses on the Shiba Inu launched Ethereum Layer 2 network Shibarium has surpassed 100,000, and over 430,000 transactions have been completed.ChainCatcher previously reported that Shiba Inu's chief developer Shytoshi Kusama stated that the mainnet and cross-chain bridge withdrawals are now fully operational, and users can complete withdrawals of various assets within 45 minutes to 3 hours.

ChainCatcher message, Shiba Inu chief developer Shytoshi Kusama stated that the mainnet and cross-chain bridge withdrawals are now fully operational, and users can complete withdrawals of various assets, including ETH, Shib, Leash, and WEHh, within 45 minutes to 3 hours. Withdrawals of the native Bone token of the Shibarium network may take up to 7 days.

ChainCatcher news, according to official Shibarium announcements, Shibarium has resumed block production, and the Cardano token will gradually complete cross-chain operations. Currently, there are a total of 266,383 blocks, with 9,934 transactions and 3,415 wallets.

According to ChainCatcher news, after two days of testing and parameter adjustments, Shibarium has now been enhanced and optimized, and is ready to reopen for work. In addition, Shibarium has also enabled a new monitoring system and additional fail-safes, including rate limiting at the RPC layer and automatic server resets to prevent large-scale network congestion from occurring again.

ChainCatcher message, Shiba Inu chief developer Shytoshi Kusama stated that the team has strengthened security measures and conducted in-depth testing today. Shibarium is currently online (but in private mode) and can produce blocks normally. The Shibarium network is expected to reopen to the public next Monday.

According to ChainCatcher news and Lookonchain data, a certain whale address sold all 979,469 BONE at an average price of $1.47 over the past three days, obtaining 787 ETH (approximately $1.44 million).After the Shibarium Layer 2 network launched by SHIB experienced a downtime incident, it transferred all 143 billion SHIB (approximately $1.32 million) to Binance, and subsequently purchased 1.07 trillion PEPE (approximately $1.28 million).

ChainCatcher news, an internal Telegram conversation screenshot among Shibarium developers shows that chief developer Shytoshi Kusama revealed the team is unable to recover assets bridged to the Shibarium network.On-chain detective ZachXBT stated that he has not confirmed whether the assets are truly lost, but noted that the RPC (nodes running critical blockchain client software) has gone down, and described the block explorer Shibarium Scan as very "poor."Another screenshot shows a Shibarium user encountering technical issues with the block explorer, stating that they are unable to query the bridged balance via RPC.Community members believe this may indicate a flaw in the cross-chain bridge, with a total locked fund amount close to $2.46 million, including $1.7 million worth of Ethereum and $762,000 worth of Shibarium governance token BONE.Upon checking the Shibarium Scan block explorer, the Shibarium network resumed block production about 1 hour ago after stopping for 8 hours, and shortly thereafter stopped producing blocks again. Currently, the Shibarium RPC website is inaccessible.

ChainCatcher message, Beosin tweeted that transactions on Shiba Inu's Layer2 solution Shibarium are stuck in pending status, with currently 1.7 million USD worth of ETH locked on the Shibarium cross-chain bridge, advising users to temporarily stop using Shibarium.

ChainCatcher news, Shiba Inu developers have launched the Ethereum L2 scaling solution Shibarium mainnet, applications built on this network will utilize BONE, TREAT, SHIB, and LEASH tokens, Shibarium will focus on the deployment and development of metaverse and gaming applications.In addition, according to data, during the Shibarium testnet period, users have created over 21 million wallet addresses.

ChainCatcher news, Shibarium developers stated on their social platform that the Shibarium cross-chain bridge based on the Ethereum Layer 2 network has launched public testing. This cross-chain bridge initially allows users to transfer testnet ETH to Shibarium, with each transfer expected to take up to 30 minutes.

ChainCatcher news, in the past 24 hours, the Shiba Inu community has burned over 109.12 million SHIB tokens, of which 77.52 million tokens were destroyed in a single transaction from a previously dormant wallet. The surge in burning activities over the past 24 hours has increased SHIB's overall burn rate by 234.73%. The community is very interested in the upcoming Layer 2 solution Shibarium, and the token burn rate is expected to continue to rise as a result.Previous news, Shibarium is scheduled to be officially launched at the Blockchain Futurist Conference on August 15 and 16.