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The team behind the newly released Shibarium mainnet has denied reports of bridge problems and asset losses, saying screenshots floating around the crypto community are false.

In a blog post on Aug. 17, Shytoshi Kusama, co-founder of the ecosystem, blamed a massive influx of transactions and user activity for causing technical difficulties on Shibarium, an layer-2 scaling blockchain launched hours earlier.

Shibarium’s compute units. Source: Alchemy/Shibarium