A whale moves 4.6 trillion Shiba Inu (SHIB) tokens from an unknown wallet to another unknown wallet, reported popular whale tracking service Whale Alert on Tuesday. The much-awaited L2 Shibarium mainnet released by lead developer Shytoshi Kusama last week is under fail-safe mode after the chain received massive traffic.
Shytoshi Kusama today announced that Shibarium is almost ready to reopen to the public after two days of testing and tweaking parameters. It now has new monitoring system and additional fail-safe mechanism including rate limiting at the RPC level and auto server reset. Moreover, additional validators are going live on the network, which increases security and enables more BONE token staking.