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Shiba Inu’s layer-2 solution, Shibarium, is now functional after the network faced technical issues following its initial launch.  In a scaling final update published on Aug. 28, Shytoshi Kusama, Shiba Inu’s lead developer, revealed that the Shibarium mainnet is “live and operating well.” Community members received an announcement enthusiastically.  According to Kusama, bridge withdrawals were also reopened, stating that the withdrawal timeframe for tokens such as SHIB, LEASH, and wrapped ether (wETH) was designed to be 45 minutes to three hours, while Bone ShibaSwap (BONE) could take up to seven days.  You might also like: Shiba Inu devs unveil Shibarium scaling plans amid technical challenges The latest development comes after Shibarium experienced some challenges upon launch, with $1.7 million worth of ETH stuck on the bridge. A screenshot of Kusama allegedly stated that the ETH tokens could not be recovered from the Shibarium bridge, causing a s...

Oliver Hörr, Director of Operations at smart bounty marketplace Hats Finance, shared valuable insights at the ETHBarcelona conference on launch ing project s without the risk of being hacked , proposing innovative solutions to code auditing, and encouraging ethical hacking. In his speech, Hörr addressed the challenges of selecting auditors for web3 projects, highlighting the high costs and difficulty verifying their track records. To overcome this, he proposed two solutions. The first involves auditors having a “skin in the game” by allocating a portion of their payment into a bug bounty, sharing the project’s risk. This approach allows projects to consider tier two and three auditors, offering better value for the price. The second solution focuses on improving code auditing by offering financial incentives to auditors. This encourages thorough code review and timely vulnerability notifications. Additionally, Hörr discussed conducting audit challenges or competiti...

Coinbase’s new subscription service, “Coinbase One," is expected to roll out across 35 countries in the near future. Cryptocurrency exchange Coinbase is set to launch its subscription service called “Coinbase One” across 35 countries. Initially, only customers in the United Kingdom, Germany and Ireland will have access to Coinbase One. According to the May 18 announcement, Coinbase One aims to provide Features such as zero-fee trading , amplified staking rewards and exclusive benefits through partnerships with industry players such as Messari and CoinTracker for a monthly fee of $29.99. Furthermore, Coinbase plans to collaborate with other partners — such as Alto IRA (Individual Retirement Account), Blockworks’ Permissionless and Lemonade — to bring additional benefits to its members. 2/ The best of Coinbase just got better Unlock zero trading fees, a dedicated support team, boosted staking rewards, and exclusive benefits from partners with Coinbase One — all for $29.99/mont...