Screenshots suggest an internal Telegram discussion among Shibarium developers where the lead developer, Shytoshi, mentioned challenges in recovering assets bridged to the Shibarium network.
ZachXBT, a blockchain analyst, stated he hasn’t verified the status of the assets but observed that the RPC — a crucial blockchain client node — was not functioning. He also commented on the block explorer’s performance.
Another screenshot indicates a Shibarium user encountering a technical problem with the block scanner, mentioning difficulties in checking their bridged balance via the RPC. Currently, the Shibarium RPC website is not accessible.
Some community members speculate that these issues might be related to a bridge problem, with the total locked funds nearing $2.46 million. This includes approximately $1.7 million in Ether (ETH) and around $762,000 in Shibarium’s governance token, BONE.
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Show more +A segment of Shiba Inu SHIB holders anticipated a value increase for SHIB, Shibarium’s BONE, and the LEASH token following the Shibarium network’s launch on Aug. 16.
However, the market response has been different. As of now, SHIB’s price has decreased by 6% in the past 24 hours, BONE has declined by over 12%, and the LEASH token has seen the most significant drop of 20%.
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