Shiba Inu Team Plans Shibarium Bridge Revival; IRS Denies 2025 Stimulus Rumors
Shiba Inu Team Plans Shibarium Bridge Revival; IRS Denies 2025 Stimulus Rumors
The Shiba Inu team has successfully recovered $4.1 million and announced plans to revive the Shibarium bridge, including a compensation program. This move aims to restore the network's functionality and user confidence. In unrelated news, the IRS has officially denied claims of a $2,000 stimulus check in 2025, clarifying future government payment plans.
Shiba Inu's Shibarium Bridge Recovery Underway
The Shiba Inu development team has made significant strides in addressing recent issues with the Shibarium bridge, successfully recovering $4.1 million. A comprehensive plan to revive the bridge and compensate affected users has been outlined, aiming to strengthen the SHIB ecosystem and ensure the robust operation of its layer-2 solution. This initiative is crucial for the long-term health and scalability of the Shiba Inu network.
IRS Clarifies Future Stimulus Payments
Separately, the Internal Revenue Service (IRS) has issued a clear denial regarding rumors of a $2,000 stimulus check in 2025. These claims, which had gained traction online, have been officially refuted, with the IRS confirming that no such payments are currently planned. This clarification impacts broader economic expectations rather than the cryptocurrency market directly.