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 <h2 id="shibarium-stops-block-production-again">Shibarium Stops Block Production Again</h2> 
 <p>According to <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> block explorer, the Ethereum-based layer-2 network <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> went online earlier today and then stopped producing blocks. Block production resumed a few hours ago. However, it stopped producing blocks again after a short run. The last transaction on <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> happened hours ago, at 5:42  AM UTC on August 17.</p>  
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   <img decoding="async" class="size-full wp-image-156824" src="https://cdn.coingape.com/wp-content/uploads/2023/08/17131420/screenshot-www.shibariumscan.io-2023.08.17-13_13_52.png" alt="Shiba inu shibarium" width="1822" height="753"> 
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    Source: Shibariumscan.io 
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 <p>The <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> mainnet encountering issues just like the <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> testnet after launch led the crypto community to question the security, safety, and scalability of the blockchain.</p> 
 <p>Blockchain security firm Beosin recommends users to stop using Shibarium temporarily as $1.7 million in ETH are stuck in the bridge. While the Shiba Inu team is busy resolving issues, messages are circulating that ETH stuck may not be recoverable and Shib Mainnet RPC is nonfunctional.</p> 
 <p><strong>Also Read: Ethereum (ETH) Price Now Heading to $1,600 As It Loses Crucial Support</strong></p>  
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    <svg class="inline-block w-5 ml-1 text-black _text-digg-blue" width="34" height="20" xmlns="//www.w3.org/2000/svg" viewbox="0 0 17 17" fill="currentColor"> <path fill-rule="evenodd" d="M12 7a1 1 0 110-2h5a1 1 0 011 1v5a1 1 0 11-2 0V8.414l-4.293 4.293a1 1 0 01-1.414 0L8 10.414l-4.293 4.293a1 1 0 01-1.414-1.414l5-5a1 1 0 011.414 0L11 10.586 14.586 7H12z" clip-rule="evenodd"></path> 
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 </div> 
 <h2 id="whales-selling-shib-bone-leash-tokens">Whales Selling SHIB, BONE, LEASH Tokens</h2> 
 <p>CoinGape Media earlier mentioned that whales and traders will sell Shiba Inu ecosystem tokens. On-chain data confirms rise in whale activity for SHIB, BONE, and LEASH tokens, causing prices to fall massively after <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> mainnet release.</p>  
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 <p>Lookonchain reported that a whale sold all BONE and SHIB holdings and purchased 1.07 trillion PEPE coins worth millions. The whale deposited all 143 billion SHIB tokens to Binance after <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> stopped producing blocks.</p> 
 <p>Spot On Chain revealed that a whale <span class="css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0">closed his </span><span class="r-18u37iz">BONE</span><span class="css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0"> deal before the <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> launch and made profit of $866k. Currently, the whale hold no BONE tokens.</span></p> 
 <p>SHIB price fell 9% in the past 24 hours, with the price currently trading at $0.0000091. The 24-hour low and high are $0.0000090 and $0.0000099, respectively.</p> 
 <p>Meanwhile, BONE and LEASH tokens crashed 20%. BONE price currently trades at $1.32, while LEASH price is trading at $449.</p> 
 <p><strong>Also Read: BinanceUS’ Protective Order Against US SEC Referred To Magistrate Judge, What’s Next?</strong></p> 
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Shibarium Stops Block Production Again, SHIB And BONE To Fall

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