Jakarta, Pintu News – A major update has just been rolled out by the Shiba Inu team for the Shibarium network, with the aim of increasing decentralization and eliminating single points of failure. The move comes in response to security challenges that have occurred previously.
The Shiba Inu team has announced a critical security update for the Shibarium network, which is still recovering from previous hacking attacks. According to John Doe, Shibarium’s engineering manager, this update involves disabling legacy public RPC endpoints for the next two weeks.
The RPC (Remote Procedure Call) endpoint serves as a communication bridge between wallets, decentralized applications, and the blockchain itself. Without RPC, users cannot communicate with smart contracts, send transactions, or check balances.
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A security incident that occurred last September caused Shibarium to be taken offline to prevent further data corruption. The issue stemmed from a compromised validator key, which allowed attackers to use 4.6 million temporary BONE delegates to attempt to take control of the network.
The development team soon clarified that the breach did not exploit any core protocol flaws. In response, the team introduced a series of new security measures, including validator blocking and a seven-day withdrawal delay for Plasma Bridge. Operations were then fully restored, and the BONE move resumed shortly after.
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Despite recent security concerns, Shibarium’s usage metrics remain strong. The network has over 30,000 smart contracts and 272 million wallet addresses. The network has processed over 1.54 billion transactions.
In the last 24 hours, nearly 8,400 transactions were recorded from around 300,000 active users. The governing token, BONE, also showed solid on-chain activity, with over 4.69 million total transfers.
Amid growing interest from large investors, the price of Shiba Inu experienced its first monthly decline since its launch. By the end of October, the price was down about 15%. The token briefly fell to $0.0000087 during the recent crypto market crash.
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