Transactions on the newly launched Shibarium are reportedly stuck in a pending state — accounting for more than 1,003 ether ($1.8 million) in locked funds. Blockchain security team Beosin stated that the funds are locked and has advised users to temporarily stop using Shibarium. Data from Shibarium's primary blockchain explorer indicate no new transactions have been confirmed for five hours. A screenshot circulating on social media reportedly captured from an internal Telegram conversation — which has not been verified by The Block — seemingly shows one Shibarium developer stating: "We can't recover the ETH bridged."