Shiba Inu's Shibarium Launch Woes and Crypto Underperformance
Originally Published 2 years ago — by Crypto Briefing
The launch of Shibarium, a project by Shiba Inu, faced challenges as bridging issues resulted in $2.5 million worth of assets being trapped on-chain. The project's lead developer claims 'funds are safu' and denied any bridge-related issues. However, blockchain data and the inaccessibility of the blockchain scanner raise doubts about the network's stability. Both SHIB and BONE tokens have dropped by over 15% in the last 24 hours.