The Shiba Inu development team has implemented a substantial security upgrade for the Shibarium network. The enhancement focuses on strengthening decentralization and removing vulnerabilities that could compromise the blockchain's integrity. This move comes as the network works to restore confidence following a security incident that threatened its operations.Network Infrastructure Overhaul BeginsShibarium's legacy public RPC endpoint will be deactivated over the next two weeks. The Remote Procedure Call serves as the essential link between user wallets, decentralized applications, and the blockchain. Without functional RPC endpoints, users cannot execute transactions, interact with smart contracts, or view their account balances.The engineering team behind Shibarium explained that the temporary shutdown addresses concerns about centralization. Too many users and applications rely on a limited number of public nodes. This concentration creates potential points of failure that attackers could exploit.The decision represents a strategic shift toward building a more distributed infrastructure. The development team emphasized that the move aims to strengthen the network rather than limit user access. By encouraging the adoption of multiple RPC providers, the blockchain can better withstand targeted attacks and technical failures.Response to September Security BreachThe upgrade follows a critical incident in September when network operators paused Shibarium to prevent data corruption. An attacker compromised a validator key and leveraged a temporary delegation of 4.6 million BONE tokens. The malicious actor attempted to gain control over the network consensus.Developers clarified that the breach did not expose fundamental flaws in the core protocol of Shibarium. The vulnerability stemmed from external access to validator credentials rather than code-level weaknesses. The team responded by implementing multiple security layers.New protective measures include a validator blacklisting system that can quickly isolate compromised nodes. The Plasma Bridge now requires a seven-day withdrawal delay, giving the team time to detect and respond to suspicious activity. These changes aim to prevent similar incidents in the future.Network operations resumed shortly after the security patches were deployed. The BONE token bridging functionality returned to normal, allowing users to move assets between chains. The response demonstrated the team's ability to address threats without extended downtime.Network Activity Remains RobustShibarium continues to show strong usage metrics despite recent security challenges. The blockchain hosts over 30,000 deployed smart contracts across various applications. More than 272 million wallet addresses have interacted with the network since its launch.Transaction volume has reached 1.54 billion, indicating sustained user engagement. Recent activity shows approximately 8,400 transactions processed within a 24-hour period. Around 300,000 active users contributed to this volume.The BONE governance token maintains healthy on-chain activity. Users have completed over 4.69 million token transfers to date. This metric reflects ongoing participation in the network's ecosystem and governance processes.Traditional finance institutions are beginning to take notice of Shiba Inu assets. As detailed in our last news piece, T. Rowe Price recently filed documentation with the Securities and Exchange Commission for a potential spot Shiba Inu exchange-traded fund. If approved, this would mark the first U.S.-based ETF focused on the token.The Shiba Inu development team has implemented a substantial security upgrade for the Shibarium network. The enhancement focuses on strengthening decentralization and removing vulnerabilities that could compromise the blockchain's integrity. This move comes as the network works to restore confidence following a security incident that threatened its operations.Network Infrastructure Overhaul BeginsShibarium's legacy public RPC endpoint will be deactivated over the next two weeks. The Remote Procedure Call serves as the essential link between user wallets, decentralized applications, and the blockchain. Without functional RPC endpoints, users cannot execute transactions, interact with smart contracts, or view their account balances.The engineering team behind Shibarium explained that the temporary shutdown addresses concerns about centralization. Too many users and applications rely on a limited number of public nodes. This concentration creates potential points of failure that attackers could exploit.The decision represents a strategic shift toward building a more distributed infrastructure. The development team emphasized that the move aims to strengthen the network rather than limit user access. By encouraging the adoption of multiple RPC providers, the blockchain can better withstand targeted attacks and technical failures.Response to September Security BreachThe upgrade follows a critical incident in September when network operators paused Shibarium to prevent data corruption. An attacker compromised a validator key and leveraged a temporary delegation of 4.6 million BONE tokens. The malicious actor attempted to gain control over the network consensus.Developers clarified that the breach did not expose fundamental flaws in the core protocol of Shibarium. The vulnerability stemmed from external access to validator credentials rather than code-level weaknesses. The team responded by implementing multiple security layers.New protective measures include a validator blacklisting system that can quickly isolate compromised nodes. The Plasma Bridge now requires a seven-day withdrawal delay, giving the team time to detect and respond to suspicious activity. These changes aim to prevent similar incidents in the future.Network operations resumed shortly after the security patches were deployed. The BONE token bridging functionality returned to normal, allowing users to move assets between chains. The response demonstrated the team's ability to address threats without extended downtime.Network Activity Remains RobustShibarium continues to show strong usage metrics despite recent security challenges. The blockchain hosts over 30,000 deployed smart contracts across various applications. More than 272 million wallet addresses have interacted with the network since its launch.Transaction volume has reached 1.54 billion, indicating sustained user engagement. Recent activity shows approximately 8,400 transactions processed within a 24-hour period. Around 300,000 active users contributed to this volume.The BONE governance token maintains healthy on-chain activity. Users have completed over 4.69 million token transfers to date. This metric reflects ongoing participation in the network's ecosystem and governance processes.Traditional finance institutions are beginning to take notice of Shiba Inu assets. As detailed in our last news piece, T. Rowe Price recently filed documentation with the Securities and Exchange Commission for a potential spot Shiba Inu exchange-traded fund. If approved, this would mark the first U.S.-based ETF focused on the token.

Shiba Inu's Shibarium Goes Dark for Two Weeks – Here's What Users Need to Know

The Shiba Inu development team has implemented a substantial security upgrade for the Shibarium network. The enhancement focuses on strengthening decentralization and removing vulnerabilities that could compromise the blockchain's integrity. This move comes as the network works to restore confidence following a security incident that threatened its operations.

Network Infrastructure Overhaul Begins

Shibarium's legacy public RPC endpoint will be deactivated over the next two weeks. The Remote Procedure Call serves as the essential link between user wallets, decentralized applications, and the blockchain. Without functional RPC endpoints, users cannot execute transactions, interact with smart contracts, or view their account balances.

The engineering team behind Shibarium explained that the temporary shutdown addresses concerns about centralization. Too many users and applications rely on a limited number of public nodes. This concentration creates potential points of failure that attackers could exploit.

The decision represents a strategic shift toward building a more distributed infrastructure. The development team emphasized that the move aims to strengthen the network rather than limit user access. By encouraging the adoption of multiple RPC providers, the blockchain can better withstand targeted attacks and technical failures.

Response to September Security Breach

The upgrade follows a critical incident in September when network operators paused Shibarium to prevent data corruption. An attacker compromised a validator key and leveraged a temporary delegation of 4.6 million BONE tokens. The malicious actor attempted to gain control over the network consensus.

Developers clarified that the breach did not expose fundamental flaws in the core protocol of Shibarium. The vulnerability stemmed from external access to validator credentials rather than code-level weaknesses. The team responded by implementing multiple security layers.

New protective measures include a validator blacklisting system that can quickly isolate compromised nodes. The Plasma Bridge now requires a seven-day withdrawal delay, giving the team time to detect and respond to suspicious activity. These changes aim to prevent similar incidents in the future.

Network operations resumed shortly after the security patches were deployed. The BONE token bridging functionality returned to normal, allowing users to move assets between chains. The response demonstrated the team's ability to address threats without extended downtime.

Network Activity Remains Robust

Shibarium continues to show strong usage metrics despite recent security challenges. The blockchain hosts over 30,000 deployed smart contracts across various applications. More than 272 million wallet addresses have interacted with the network since its launch.

Transaction volume has reached 1.54 billion, indicating sustained user engagement. Recent activity shows approximately 8,400 transactions processed within a 24-hour period. Around 300,000 active users contributed to this volume.

The BONE governance token maintains healthy on-chain activity. Users have completed over 4.69 million token transfers to date. This metric reflects ongoing participation in the network's ecosystem and governance processes.

Traditional finance institutions are beginning to take notice of Shiba Inu assets. As detailed in our last news piece, T. Rowe Price recently filed documentation with the Securities and Exchange Commission for a potential spot Shiba Inu exchange-traded fund. If approved, this would mark the first U.S.-based ETF focused on the token.

Market Opportunity
BitShiba Logo
BitShiba Price(SHIBA)
$0.0000000004446
$0.0000000004446$0.0000000004446
-0.75%
USD
BitShiba (SHIBA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Cardano Eyes $1.50, While $0.0058 Layer Brett Targets $1 in 2025

Cardano Eyes $1.50, While $0.0058 Layer Brett Targets $1 in 2025

The post Cardano Eyes $1.50, While $0.0058 Layer Brett Targets $1 in 2025 appeared on BitcoinEthereumNews.com. Crypto News 24 September 2025 | 14:42 Crypto is heating up again, and traders are hunting for the next 100x altcoin before the 2025 crypto bull run really kicks in. Right now, two names keep coming up: ADA and Layer Brett ($LBRETT). The hype around ADA price prediction has investors cautiously optimistic, while Layer Brett’s crypto presale has created full-blown FOMO. At just $0.0058, $LBRETT has already raised over $4m, offering early backers a rare shot at life-changing returns in a short window. Historical performance: How ADA and Layer Brett compare When you look at ADA alongside memecoin projects like Dogecoin, Shiba Inu, and the original Brett, the differences stand out. ADA has been in the top altcoins conversation for years, with an all-time high of $3.10 that still gives long-term holders confidence. But meme token projects have mostly pumped without any real substance. This is where Layer Brett flips the script. Instead of being just another meme token, it’s an Ethereum Layer 2 project built for real utility, fast transactions, low gas fees, and staking crypto rewards. With speed topping 10,000 TPS, it delivers what congested chains can’t. Compared to ADA’s slower, research-heavy roadmap, $LBRETT is built to move fast and capture immediate opportunities. Technology and use cases driving Layer Brett The backbone of Layer Brett is its Layer 2 blockchain design. Transactions are anchored to Ethereum for security but processed off-chain for scale and low gas fees. That means users can buy and stake in seconds using ETH, USDT, or BNB, no KYC required. The staking rewards are where things get wild. Early participants are seeing around 630% APY, with incentives expected to cool as more tokens are locked. On top of that, features like NFT integrations and cross-chain bridging are already planned, giving $LBRETT both meme energy…
Share
BitcoinEthereumNews2025/09/24 20:06
Washington Faces New Dilemma Over Venezuela’s Alleged BTC Reserves

Washington Faces New Dilemma Over Venezuela’s Alleged BTC Reserves

The issue surfaced after the dramatic removal of Venezuela’s longtime leader, Nicolás Maduro, who was captured by U.S. forces and […] The post Washington Faces
Share
Coindoo2026/01/13 10:14
US Senate Prepares For Crypto Market Structure Bill Markup This Week — Here’s What to Expect

US Senate Prepares For Crypto Market Structure Bill Markup This Week — Here’s What to Expect

After months of intense negotiations involving both political parties, as well as representatives from the crypto industry and traditional banking sectors, the
Share
Bitcoinist2026/01/13 10:00