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99% Crash in Shibarium Transactions, Will Ominous Trend Reverse in Uptober?
NFT Gaming

99% Crash in Shibarium Transactions, Will Ominous Trend Reverse in Uptober?

by admin October 1, 2025


Shibarium, the layer-2 scaling solution for Shiba Inu (SHIB), has finally crashed below 10,000 transactions in its daily count. The development signals a massive pullback by users relying on Shibarium as 99% inches toward a total halt.

Shibarium tale: “Bruised, not broken”

According to Shibariumscan data, the layer-2 total transaction count now stands at 7,500. This development is shocking to the SHIB community, considering the trajectory that Shibarium was on in the month of August. It was posting a daily average of between 1.2 million and 1.4 million and was well on the way to hitting significant milestones.

That momentum has totally faded, with few transactions still going on in the layer-2 ecosystem. This suggests adoption has dropped, and the push for a two billion transaction count has been derailed. Shibarium was previously on track to hit the milestone before the end of September, but there has been very little engagement recently.

Why Shibarium Will Survive and Come Back Stronger

Shibarium is bruised, not broken. The recent exploit and the drop in activity shook confidence, but they also lit the fire for a stronger rebuild. Survival in crypto is not about avoiding setbacks. It is about how you rise after… pic.twitter.com/DykjWelgAc

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) October 1, 2025

The total transaction count is currently 1,568,456,850. This slow growth has triggered concern in some quarters of the SHIB community, prompting reassurances from Lucie, the ecosystem’s marketing lead. In a post on X, Lucie assured the community that Shibarium is not dead.

According to Lucie, the recent setbacks on the layer 2 were caused by several factors, including a hack that exposed vulnerabilities. Lucie noted that despite the exploit, Shibarium is better as it allowed the team to fix the vulnerabilities with stricter validator controls.

She also stated that Shibarium now has better security and audits, making the system more trustworthy. Lucie argues that the setback has made the blockchain more resilient, and despite the slowed activity, it still has a solid infrastructure in place with the security to handle large transaction volumes.

“Shibarium is bruised, not broken,” Lucie stated.

She expressed optimism that Shibarium will stage a comeback, as pressure has been known to create strength. Lucie acknowledged the pivotal role of the SHIB army and their unflinching loyalty over the years. She noted that SHIB holders do not quit.

Could “Uptober” spark recovery?

With October generally referred to in crypto circles as “Uptober,” Shibarium might begin its recovery this month. Shiba Inu had its best performance in October with a monthly average growth of 171.2%; many holders anticipate a bullish October.

As of press time, Shiba Inu is changing hands at $0.00001224, which represents a 4.59% price increase in the last 24 hours. There has also been an uptick in trading volume by 9.33% to $193.05 million, a clear indication that SHIB is off to a good start in October.

How it sustains this and its effect on Shibarium remains something to watch out for in the coming days.





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October 1, 2025 0 comments
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Circle Examines Ways to Reverse Transactions to Counter Fraud, Disputes: FT
NFT Gaming

Circle Examines Ways to Reverse Transactions to Counter Fraud, Disputes: FT

by admin September 26, 2025



Circle Internet, (CRCL) is examining ways of reversing transactions involving its stablecoin, USDC, the Financial Times (FT) reported on Thursday.

The issuer of the second-largest stablecoin is “thinking through … whether or not there’s the possibility of reversibility of transactions,” the company’s president, Heath Tarbert, said in an interview with the newspaper.

Stablecoins, tokens pegged to the value of a traditional financial (TradFi) asset such as a fiat currency, are an important cog in the cryptocurrency machine, offering users a hedge against the volatility than can hit tokens like BTC$109,694.70 and ETH$3,960.01. They’re also finding popularity as a method for international payments. The sector has a market cap of about $300 billion, according to data tracked by CoinGecko. USDC alone has a market cap of $74 billion; market leader Tether’s USDT has $173 billion.

Tarbert said that allowing transactions to be refunded in case of fraud or disputes, similar to what is possible in TradFi, would help push stablecoins into the mainstream.

Such a development may rub certain crypto purists up the wrong way, because they consider settlement finality to be non-negotiable. Introducing the possibility of reversing transactions could rely on the the arbitration of a central authority, which many believe is antithesis of the decentralization that lies at cryptocurrency’s core.

“At the same time, we want settlement finality,” Tarbert said. “So there’s an inherent tension there between being able to transfer something immediately, but having it be irrevocable.”

Circle has been at the forefront of growing adoption of stablecoins in the U.S. this year following its successful initial public offering (IPO) in June.

The company did not immediately respond to CoinDesk’s request for further comment.



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September 26, 2025 0 comments
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BTC ETF Inflows Reverse as Fed’s Hawkish Outlook Triggers Market Caution
Crypto Trends

BTC ETF Inflows Reverse as Fed’s Hawkish Outlook Triggers Market Caution

by admin September 18, 2025



Spot bitcoin BTC$117,347.57 ETFs saw their first daily outflows in over a week on Wednesday, shedding a net $51.28 million, as investors reacted to the Federal Reserve’s unexpectedly cautious outlook on future policy.

The outflow broke a seven-day streak that had brought in nearly $3 billion. Assets under management remain above $150 billion, according to SoSoValue data, but the tone in markets shifted after Fed Chair Jerome Powell emphasized economic uncertainty and signaled fewer cuts ahead than traders had hoped.

As expected, the Fed lowered its benchmark rate by 25 basis points, bringing it to a range of 4.00% to 4.25%, in its first cut of the year. But the real surprise came from the central bank’s updated projections, which indicated just two more cuts in 2025 and fewer in 2026 than markets had priced in.

In a cautious press conference, Powell warned of “elevated” inflation and rising “downside risks” to employment, striking a tone that left traders wary. Markets interpreted the move as a hawkish cut, triggering a mild pullback in risk assets.

Ethereum ETFs also saw redemptions, with net outflows for a second straight day. Withdrawals amounted to $1.89 million following the exit of $61.7 million the day before.

Cryptocurrency prices edged higher. Bitcoin rose around 0.3% in the last 24 hours while ether moved up 1.7%. The broader CoinDesk 20 (CD20) index rose 2%.



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September 18, 2025 0 comments
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Rami Ismail's New Game, Australia Did It, Is A 'Tactical Reverse Bullet Hell'
Game Updates

Rami Ismail’s New Game, Australia Did It, Is A ‘Tactical Reverse Bullet Hell’

by admin September 3, 2025


Rami Ismail is known recently for his work advising and consulting with game developers around the world, but he’s also an accomplished developer in his own right, with games like Ridiculous Fishing, Luftrausers, and Nuclear Throne on his résumé. To that end, today he revealed his latest project, Australia Did It, and announced it’s coming to PC later this year. You can check out the reveal trailer below.

 

Australia Did It (which is co-developed by Aesthetician Labs) claims to invent a new genre called tactical reverse bullet hell. It’s a big swing to attempt to define a new style of game before yours even comes out, but Ismail’s press release makes even stronger claims than that.

“I believe the games industry has been failing at supporting developer innovation and experimentation,” reads a direct quote from Ismail in the press release. “Publishers, investors, and shareholders fund the same few safe bets, later and later in development – forcing even the most creative developers to make safe games with predictable ideas, and force in the latest flavour-of-the-day.”

Ismail goes on to say that the way to break out of this cycle is to support games with truly new ideas, and that Mystic Forge, the publisher of Australia Did It, is doing exactly that by funding the project.

Australia Did It is a game about transporting cargo by train across a monster-infested, dried-out Atlantic Ocean. In the first part of an encounter, you’ll place units along a grid defending your train as it prepares for the journey, using strategic grid-based combat to hold off monsters long enough for the journey to begin. Once your engine departs, it becomes a bullet hell machine, blasting out overwhelming amounts of ammunition the bullet hell genre typically has players try to avoid.

I don’t personally see the genre title sticking – it’s too many words, for one – but the game looks good so far, and I’m interested in trying it for myself soon. Australia Did It launches on PC later this year.



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September 3, 2025 0 comments
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Mei and Snowball in Overwatch
Product Reviews

The combined fury of angry Overwatch players forced Blizzard to reverse a change it made less than 72 hours ago: ‘We’re grateful to everyone who tried it out and shared feedback’

by admin August 29, 2025



Countless Reddit threads and social media posts piled up this week strongly criticizing Blizzard’s decision to add a MOBA-style draft system to Overwatch 2’s popular Stadium mode. Specifically, players were against the removal of mirror matchups where both teams can play as the same heroes.

The response in the last few days, following the launch of the new season, has been so overwhelmingly negative that Blizzard has abandoned the system less than 72 hours after implementing it. The draft mode will stay, but mirror matchups are allowed again.

“We’re grateful to everyone who tried it out and shared feedback,” game director Aaron Keller wrote on X. “As a team, one of our goals is to make the game that you want to play. This involves listening, responding, and taking those desires into account.”


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Keller says the team is “still invested in creating new and unique features” but acknowledges that “not everything is just right each time.” “That doesn’t mean we’ll stop trying to innovate,” he added, “but that we’ll adapt and iterate as quickly as we can when something doesn’t land the way we want.”

What was pitched as a system to help you strategically pick your heroes in a mode where you can’t swap mid-match quickly became a reason for people to not play it all. Players argued that Stadium’s limited hero pool (compared to normal OW modes) didn’t support such a severe restriction on your hero picks. It also seemed to defeat the purpose of the mode in the first place, which is to use a set of unique powers and items to build your character over the course of a match.

Hey everyone! We’ve just disabled the mirrored Hero restriction in Stadium Draft . You’ll be able to draft any Hero you’d like, even if the enemy team has already selected them. 1/4August 28, 2025

MOBAs like League of Legends—where drafting is a common feature—work because they have over a hundred heroes to choose from. The point is to keep teams from playing the exact same heroes every single match once a popular meta forms. Stadium, however, only has 21 heroes available.

“We have six supports. SIX. You can lose access to half your role before you even get a turn,” Reddit user Pizzabro200 wrote.

Keep up to date with the most important stories and the best deals, as picked by the PC Gamer team.

“There is nothing to be gained from drafts,” Reddit user anarchistbuzzwords said. “It only serves to force counter picking and prevent you from playing the hero you went in wanting to play.”

By removing the mirror matchup restriction, counter-picking heroes is now optional—which is, frankly, how it should’ve been in the first place. Not everyone wants to make pivotal decisions on the hero selection screen, especially in a mode all about adapting on the fly.

To Blizzard’s credit, it’s repeatedly said Stadium will be a mode full of experiments. It’s been steadfast in regularly tweaking and replacing various aspects of the mode since it launched. Even if drafts were a miss, it’s at least nice that we didn’t have to put up with them for an entire season, and that it was willing to flip the switch in the same week it introduced it.

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August 29, 2025 0 comments
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