Shibarium, a Layer 2 blockchain, reopened fund withdrawals on its bridge to Ethereum.
the pause to a “massive influx of transactions” and assured users that they would regain full access to their funds once the mainnet was operational again.
For several days, Shibarium users were unable to withdraw their assets, resulting in widespread uncertainty within the community.that both mainnet and bridge withdrawals are now fully functional, thus alleviating previous concerns. According to the official announcement, users can now complete withdrawals for various assets, including ether, Shib, Leash, and wrapped ether, within a timeframe of 45 minutes to 4 hours. Withdrawals of the network’s native Bone token are also available but may take up to 7 days to process, as specified by the network’s design.
© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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