Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Shib (SHIB), wrapped ether (wETH), and leash (LEASH) tokens will take approximately 45 minutes to 3 hours to withdraw. Bone (BONE) withdrawals will be processed in up to 7 days.<\/p>\n\n\n\n The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The developers informed the community of the resumption of token withdrawals. Users can withdraw Shiba ecosystem tokens in a period ranging from minutes to days.<\/p>\n\n\n\n Shib (SHIB), wrapped ether (wETH), and leash (LEASH) tokens will take approximately 45 minutes to 3 hours to withdraw. Bone (BONE) withdrawals will be processed in up to 7 days.<\/p>\n\n\n\n The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Shiba Inu developers have announced<\/a> that \u201cShibarium is live and operating well.\u201d<\/em> The Monday update stated, \u201cnow that we've proven that all funds are safe (as we said) and that Shibarium is ready for prime time, we will reopen our channels.\u201d<\/em><\/p>\n\n\n\n The developers informed the community of the resumption of token withdrawals. Users can withdraw Shiba ecosystem tokens in a period ranging from minutes to days.<\/p>\n\n\n\n Shib (SHIB), wrapped ether (wETH), and leash (LEASH) tokens will take approximately 45 minutes to 3 hours to withdraw. Bone (BONE) withdrawals will be processed in up to 7 days.<\/p>\n\n\n\n The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Shiba Inu developers have announced<\/a> that \u201cShibarium is live and operating well.\u201d<\/em> The Monday update stated, \u201cnow that we've proven that all funds are safe (as we said) and that Shibarium is ready for prime time, we will reopen our channels.\u201d<\/em><\/p>\n\n\n\n The developers informed the community of the resumption of token withdrawals. Users can withdraw Shiba ecosystem tokens in a period ranging from minutes to days.<\/p>\n\n\n\n Shib (SHIB), wrapped ether (wETH), and leash (LEASH) tokens will take approximately 45 minutes to 3 hours to withdraw. Bone (BONE) withdrawals will be processed in up to 7 days.<\/p>\n\n\n\n The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Shiba Inu developers have announced<\/a> that \u201cShibarium is live and operating well.\u201d<\/em> The Monday update stated, \u201cnow that we've proven that all funds are safe (as we said) and that Shibarium is ready for prime time, we will reopen our channels.\u201d<\/em><\/p>\n\n\n\n The developers informed the community of the resumption of token withdrawals. Users can withdraw Shiba ecosystem tokens in a period ranging from minutes to days.<\/p>\n\n\n\n Shib (SHIB), wrapped ether (wETH), and leash (LEASH) tokens will take approximately 45 minutes to 3 hours to withdraw. Bone (BONE) withdrawals will be processed in up to 7 days.<\/p>\n\n\n\n The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Shiba Inu developers have announced<\/a> that \u201cShibarium is live and operating well.\u201d<\/em> The Monday update stated, \u201cnow that we've proven that all funds are safe (as we said) and that Shibarium is ready for prime time, we will reopen our channels.\u201d<\/em><\/p>\n\n\n\n The developers informed the community of the resumption of token withdrawals. Users can withdraw Shiba ecosystem tokens in a period ranging from minutes to days.<\/p>\n\n\n\n Shib (SHIB), wrapped ether (wETH), and leash (LEASH) tokens will take approximately 45 minutes to 3 hours to withdraw. Bone (BONE) withdrawals will be processed in up to 7 days.<\/p>\n\n\n\n The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. Shiba Inu developers have announced<\/a> that \u201cShibarium is live and operating well.\u201d<\/em> The Monday update stated, \u201cnow that we've proven that all funds are safe (as we said) and that Shibarium is ready for prime time, we will reopen our channels.\u201d<\/em><\/p>\n\n\n\n The developers informed the community of the resumption of token withdrawals. Users can withdraw Shiba ecosystem tokens in a period ranging from minutes to days.<\/p>\n\n\n\n Shib (SHIB), wrapped ether (wETH), and leash (LEASH) tokens will take approximately 45 minutes to 3 hours to withdraw. Bone (BONE) withdrawals will be processed in up to 7 days.<\/p>\n\n\n\n The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. Shiba Inu developers have announced<\/a> that \u201cShibarium is live and operating well.\u201d<\/em> The Monday update stated, \u201cnow that we've proven that all funds are safe (as we said) and that Shibarium is ready for prime time, we will reopen our channels.\u201d<\/em><\/p>\n\n\n\n The developers informed the community of the resumption of token withdrawals. Users can withdraw Shiba ecosystem tokens in a period ranging from minutes to days.<\/p>\n\n\n\n Shib (SHIB), wrapped ether (wETH), and leash (LEASH) tokens will take approximately 45 minutes to 3 hours to withdraw. Bone (BONE) withdrawals will be processed in up to 7 days.<\/p>\n\n\n\n The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. Shiba Inu developers have announced<\/a> that \u201cShibarium is live and operating well.\u201d<\/em> The Monday update stated, \u201cnow that we've proven that all funds are safe (as we said) and that Shibarium is ready for prime time, we will reopen our channels.\u201d<\/em><\/p>\n\n\n\n The developers informed the community of the resumption of token withdrawals. Users can withdraw Shiba ecosystem tokens in a period ranging from minutes to days.<\/p>\n\n\n\n Shib (SHIB), wrapped ether (wETH), and leash (LEASH) tokens will take approximately 45 minutes to 3 hours to withdraw. Bone (BONE) withdrawals will be processed in up to 7 days.<\/p>\n\n\n\n The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. Shiba Inu developers have announced<\/a> that \u201cShibarium is live and operating well.\u201d<\/em> The Monday update stated, \u201cnow that we've proven that all funds are safe (as we said) and that Shibarium is ready for prime time, we will reopen our channels.\u201d<\/em><\/p>\n\n\n\n The developers informed the community of the resumption of token withdrawals. Users can withdraw Shiba ecosystem tokens in a period ranging from minutes to days.<\/p>\n\n\n\n Shib (SHIB), wrapped ether (wETH), and leash (LEASH) tokens will take approximately 45 minutes to 3 hours to withdraw. Bone (BONE) withdrawals will be processed in up to 7 days.<\/p>\n\n\n\n The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
In the report, the senators said Bragg's bill missed detail and certainty while contradicting the government's approach. The senators also faulted Bragg\u2019s draft for lacking consistency with international regimes, bringing regulatory arbitrage, and being harmful to the industry.<\/p>\n\n\n\n The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. Shiba Inu developers have announced<\/a> that \u201cShibarium is live and operating well.\u201d<\/em> The Monday update stated, \u201cnow that we've proven that all funds are safe (as we said) and that Shibarium is ready for prime time, we will reopen our channels.\u201d<\/em><\/p>\n\n\n\n The developers informed the community of the resumption of token withdrawals. Users can withdraw Shiba ecosystem tokens in a period ranging from minutes to days.<\/p>\n\n\n\n Shib (SHIB), wrapped ether (wETH), and leash (LEASH) tokens will take approximately 45 minutes to 3 hours to withdraw. Bone (BONE) withdrawals will be processed in up to 7 days.<\/p>\n\n\n\n The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The committee shared its deliberations on September 4, rejecting Bragg\u2019s proposals. The lawmakers recommended the government \"continue to consult with industry on the development of fit-for-purpose digital assets regulation in Australia.\"<\/em><\/p>\n\n\n\n In the report, the senators said Bragg's bill missed detail and certainty while contradicting the government's approach. The senators also faulted Bragg\u2019s draft for lacking consistency with international regimes, bringing regulatory arbitrage, and being harmful to the industry.<\/p>\n\n\n\n The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. Shiba Inu developers have announced<\/a> that \u201cShibarium is live and operating well.\u201d<\/em> The Monday update stated, \u201cnow that we've proven that all funds are safe (as we said) and that Shibarium is ready for prime time, we will reopen our channels.\u201d<\/em><\/p>\n\n\n\n The developers informed the community of the resumption of token withdrawals. Users can withdraw Shiba ecosystem tokens in a period ranging from minutes to days.<\/p>\n\n\n\n Shib (SHIB), wrapped ether (wETH), and leash (LEASH) tokens will take approximately 45 minutes to 3 hours to withdraw. Bone (BONE) withdrawals will be processed in up to 7 days.<\/p>\n\n\n\n The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Bragg\u2019s March bill, The Digital Assets (Market Regulation) Bill 2023, offered recommendations for regulating stablecoins<\/a>, exchange licensing, and crypto custody requirements. The proposed regulations sought to protect Australian consumers and promote crypto investments. <\/p>\n\n\n\n The committee shared its deliberations on September 4, rejecting Bragg\u2019s proposals. The lawmakers recommended the government \"continue to consult with industry on the development of fit-for-purpose digital assets regulation in Australia.\"<\/em><\/p>\n\n\n\n In the report, the senators said Bragg's bill missed detail and certainty while contradicting the government's approach. The senators also faulted Bragg\u2019s draft for lacking consistency with international regimes, bringing regulatory arbitrage, and being harmful to the industry.<\/p>\n\n\n\n The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. Shiba Inu developers have announced<\/a> that \u201cShibarium is live and operating well.\u201d<\/em> The Monday update stated, \u201cnow that we've proven that all funds are safe (as we said) and that Shibarium is ready for prime time, we will reopen our channels.\u201d<\/em><\/p>\n\n\n\n The developers informed the community of the resumption of token withdrawals. Users can withdraw Shiba ecosystem tokens in a period ranging from minutes to days.<\/p>\n\n\n\n Shib (SHIB), wrapped ether (wETH), and leash (LEASH) tokens will take approximately 45 minutes to 3 hours to withdraw. Bone (BONE) withdrawals will be processed in up to 7 days.<\/p>\n\n\n\n The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Australia\u2019s cryptocurrency industry may have to wait longer for the much-anticipated market regulations and guidance. This comes as the Senate Economics Legislation Committee rejected<\/a> the cryptocurrency bill by opposition Senator Andrew Bragg. <\/p>\n\n\n\n Bragg\u2019s March bill, The Digital Assets (Market Regulation) Bill 2023, offered recommendations for regulating stablecoins<\/a>, exchange licensing, and crypto custody requirements. The proposed regulations sought to protect Australian consumers and promote crypto investments. <\/p>\n\n\n\n The committee shared its deliberations on September 4, rejecting Bragg\u2019s proposals. The lawmakers recommended the government \"continue to consult with industry on the development of fit-for-purpose digital assets regulation in Australia.\"<\/em><\/p>\n\n\n\n In the report, the senators said Bragg's bill missed detail and certainty while contradicting the government's approach. The senators also faulted Bragg\u2019s draft for lacking consistency with international regimes, bringing regulatory arbitrage, and being harmful to the industry.<\/p>\n\n\n\n The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. Shiba Inu developers have announced<\/a> that \u201cShibarium is live and operating well.\u201d<\/em> The Monday update stated, \u201cnow that we've proven that all funds are safe (as we said) and that Shibarium is ready for prime time, we will reopen our channels.\u201d<\/em><\/p>\n\n\n\n The developers informed the community of the resumption of token withdrawals. Users can withdraw Shiba ecosystem tokens in a period ranging from minutes to days.<\/p>\n\n\n\n Shib (SHIB), wrapped ether (wETH), and leash (LEASH) tokens will take approximately 45 minutes to 3 hours to withdraw. Bone (BONE) withdrawals will be processed in up to 7 days.<\/p>\n\n\n\n The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Australia\u2019s cryptocurrency industry may have to wait longer for the much-anticipated market regulations and guidance. This comes as the Senate Economics Legislation Committee rejected<\/a> the cryptocurrency bill by opposition Senator Andrew Bragg. <\/p>\n\n\n\n Bragg\u2019s March bill, The Digital Assets (Market Regulation) Bill 2023, offered recommendations for regulating stablecoins<\/a>, exchange licensing, and crypto custody requirements. The proposed regulations sought to protect Australian consumers and promote crypto investments. <\/p>\n\n\n\n The committee shared its deliberations on September 4, rejecting Bragg\u2019s proposals. The lawmakers recommended the government \"continue to consult with industry on the development of fit-for-purpose digital assets regulation in Australia.\"<\/em><\/p>\n\n\n\n In the report, the senators said Bragg's bill missed detail and certainty while contradicting the government's approach. The senators also faulted Bragg\u2019s draft for lacking consistency with international regimes, bringing regulatory arbitrage, and being harmful to the industry.<\/p>\n\n\n\n The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. Shiba Inu developers have announced<\/a> that \u201cShibarium is live and operating well.\u201d<\/em> The Monday update stated, \u201cnow that we've proven that all funds are safe (as we said) and that Shibarium is ready for prime time, we will reopen our channels.\u201d<\/em><\/p>\n\n\n\n The developers informed the community of the resumption of token withdrawals. Users can withdraw Shiba ecosystem tokens in a period ranging from minutes to days.<\/p>\n\n\n\n Shib (SHIB), wrapped ether (wETH), and leash (LEASH) tokens will take approximately 45 minutes to 3 hours to withdraw. Bone (BONE) withdrawals will be processed in up to 7 days.<\/p>\n\n\n\n The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Australia\u2019s cryptocurrency industry may have to wait longer for the much-anticipated market regulations and guidance. This comes as the Senate Economics Legislation Committee rejected<\/a> the cryptocurrency bill by opposition Senator Andrew Bragg. <\/p>\n\n\n\n Bragg\u2019s March bill, The Digital Assets (Market Regulation) Bill 2023, offered recommendations for regulating stablecoins<\/a>, exchange licensing, and crypto custody requirements. The proposed regulations sought to protect Australian consumers and promote crypto investments. <\/p>\n\n\n\n The committee shared its deliberations on September 4, rejecting Bragg\u2019s proposals. The lawmakers recommended the government \"continue to consult with industry on the development of fit-for-purpose digital assets regulation in Australia.\"<\/em><\/p>\n\n\n\n In the report, the senators said Bragg's bill missed detail and certainty while contradicting the government's approach. The senators also faulted Bragg\u2019s draft for lacking consistency with international regimes, bringing regulatory arbitrage, and being harmful to the industry.<\/p>\n\n\n\n The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. Shiba Inu developers have announced<\/a> that \u201cShibarium is live and operating well.\u201d<\/em> The Monday update stated, \u201cnow that we've proven that all funds are safe (as we said) and that Shibarium is ready for prime time, we will reopen our channels.\u201d<\/em><\/p>\n\n\n\n The developers informed the community of the resumption of token withdrawals. Users can withdraw Shiba ecosystem tokens in a period ranging from minutes to days.<\/p>\n\n\n\n Shib (SHIB), wrapped ether (wETH), and leash (LEASH) tokens will take approximately 45 minutes to 3 hours to withdraw. Bone (BONE) withdrawals will be processed in up to 7 days.<\/p>\n\n\n\n The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n With the integration, Shibarium will address Ethereum\u2019s high gas fees<\/a> and slow transactions. The scalability increases the usability of the Shiba Inu token, helping it play a greater role in the blockchain ecosystem. <\/p>\n\n\n\n Shibarium has been a success so far. About 22 million transactions were performed over its four-month testing period. Investors hold big expectations of the ecosystem tokens due to the Shibarium benefits. <\/p>\n","post_title":"Shiba Inu\u2019s Shibarium Bridge Goes Fully Functional After A Shaky Start","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"shiba-inus-shibarium-bridge-goes-fully-functional-after-a-shaky-start","to_ping":"","pinged":"","post_modified":"2023-08-29 23:52:56","post_modified_gmt":"2023-08-29 13:52:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Australia\u2019s cryptocurrency industry may have to wait longer for the much-anticipated market regulations and guidance. This comes as the Senate Economics Legislation Committee rejected<\/a> the cryptocurrency bill by opposition Senator Andrew Bragg. <\/p>\n\n\n\n Bragg\u2019s March bill, The Digital Assets (Market Regulation) Bill 2023, offered recommendations for regulating stablecoins<\/a>, exchange licensing, and crypto custody requirements. The proposed regulations sought to protect Australian consumers and promote crypto investments. <\/p>\n\n\n\n The committee shared its deliberations on September 4, rejecting Bragg\u2019s proposals. The lawmakers recommended the government \"continue to consult with industry on the development of fit-for-purpose digital assets regulation in Australia.\"<\/em><\/p>\n\n\n\n In the report, the senators said Bragg's bill missed detail and certainty while contradicting the government's approach. The senators also faulted Bragg\u2019s draft for lacking consistency with international regimes, bringing regulatory arbitrage, and being harmful to the industry.<\/p>\n\n\n\n The rejection happens when Australia battles the idea of regulating its cryptocurrency market<\/a> amid concerns that it may stifle sector investments. Bragg called the government for the delay, saying, \"Australians will pay the price.\" <\/em><\/p>\n\n\n\n Bragg criticized the senate committee\u2019s decision, saying that the Australian government had put crypto regulation in the slow lane. He says the bill initiates a serious step for a comprehensive crypto regulatory framework amid slow steps in the sector.<\/p>\n\n\n\n In February, PM Anthony Albanese introduced token mapping<\/a>, a consultative framework for foundational actions in crypto regulations. However, the crypto ecosystem maintains a legal ambiguity as the country has yet to offer a sound regulatory direction. Shiba Inu developers have announced<\/a> that \u201cShibarium is live and operating well.\u201d<\/em> The Monday update stated, \u201cnow that we've proven that all funds are safe (as we said) and that Shibarium is ready for prime time, we will reopen our channels.\u201d<\/em><\/p>\n\n\n\n The developers informed the community of the resumption of token withdrawals. Users can withdraw Shiba ecosystem tokens in a period ranging from minutes to days.<\/p>\n\n\n\n Shib (SHIB), wrapped ether (wETH), and leash (LEASH) tokens will take approximately 45 minutes to 3 hours to withdraw. Bone (BONE) withdrawals will be processed in up to 7 days.<\/p>\n\n\n\n The withdrawals come following initial bottlenecks after Shibarium officially launched on August 16. An influx of transactions is said to have resulted in network issues that saw millions of dollars trapped. The events triggered sharp bear actions on the market, with Shiba Inu crushing up to 10%. <\/p>\n\n\n\n Shiba Inu lead developer Shytoshi Kusama reassured users that the team had implemented measures to prevent future outages. Kusama said that Shibarium had witnessed over 65,000 wallets and 350,000 transactions before the Monday update. <\/p>\n\n\n\n Shibarium is expected to usher in a new era for Shiba Inu, with broader applications in gaming, DeFi, and the metaverse. The layer-2 network<\/a> will have seamless interaction with the primary Layer-1 Ethereum blockchain. <\/p>\n\n\n\n
ADVERTISEMENT
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
\n
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13144,"post_author":"21","post_date":"2023-08-29 23:38:34","post_date_gmt":"2023-08-29 13:38:34","post_content":"\n\n
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13144,"post_author":"21","post_date":"2023-08-29 23:38:34","post_date_gmt":"2023-08-29 13:38:34","post_content":"\n\n
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13144,"post_author":"21","post_date":"2023-08-29 23:38:34","post_date_gmt":"2023-08-29 13:38:34","post_content":"\n\n
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13144,"post_author":"21","post_date":"2023-08-29 23:38:34","post_date_gmt":"2023-08-29 13:38:34","post_content":"\n\n
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13144,"post_author":"21","post_date":"2023-08-29 23:38:34","post_date_gmt":"2023-08-29 13:38:34","post_content":"\n\n
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13144,"post_author":"21","post_date":"2023-08-29 23:38:34","post_date_gmt":"2023-08-29 13:38:34","post_content":"\n\n
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13144,"post_author":"21","post_date":"2023-08-29 23:38:34","post_date_gmt":"2023-08-29 13:38:34","post_content":"\n\n
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13144,"post_author":"21","post_date":"2023-08-29 23:38:34","post_date_gmt":"2023-08-29 13:38:34","post_content":"\n\n
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13144,"post_author":"21","post_date":"2023-08-29 23:38:34","post_date_gmt":"2023-08-29 13:38:34","post_content":"\n\n
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13144,"post_author":"21","post_date":"2023-08-29 23:38:34","post_date_gmt":"2023-08-29 13:38:34","post_content":"\n\n
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
ADVERTISEMENT
\n
Australia\u2019s Caution on Crypto Regulation<\/h2>\n\n\n\n
<\/p>\n","post_title":"Australia\u2019s Crypto Regulations Hits A Snag As Senate Turns Down Andrew Bragg Proposals","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-crypto-regulations-hits-a-snag-as-senate-turns-down-andrew-bragg-proposals","to_ping":"","pinged":"","post_modified":"2023-09-09 00:28:21","post_modified_gmt":"2023-09-08 14:28:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13275","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13144,"post_author":"21","post_date":"2023-08-29 23:38:34","post_date_gmt":"2023-08-29 13:38:34","post_content":"\n\n
Shibarium To Make Shiba Inu A Serious Blockchain Project<\/h2>\n\n\n\n
