Shiba Inu: Tangem Wallet Speeds Up Shibarium Merge

Tangem, a Shiba Inu wallet provider, has begun the process of integrating the Shibarium Network and aims to wrap it up by the end of February. With this, users can take advantage of the layer 2’s speedy and affordable transactions, along with the opportunity to hold Shibarium tokens. The crypto hardware wallet firm first teamed with SHIB in May 2023, at a time when there were debates on the security of users’ assets.

Unlike hot wallets, which are linked to the internet with easy access, Tangem is a cold/hardware wallet that offers the freedom to choose how one safeguards and manages their crypto assets, making it harder for malicious actors to mount attacks. “And while seed phrases are not an infallible security solution, it’s up to you to use one,” Tangem wrote.

Source: @mami_traveler

Supporting over 6,000 cryptocurrencies, Tangem offers customized cold wallet services that operate like a regular credit card and can be used with a smartphone. Additionally, it doesn’t require batteries or wires, ensuring seamless portability.

Tangem also shook hands with ChangeNOW, a prominent centralized cryptocurrency exchange, to introduce an innovative crypto-focused product known as “Tangem Express.” As reported by TronWeekly, the partnership aims to offer users a comprehensive range of functionalities, including cross-chain swaps and seamless cryptocurrency conversions, through an exchange aggregator.

Shiba Inu’s NFT Landscape

The integration of Tangem Express into the Tangem Wallet was a major boost to the Shiba Inu ecosystem Once ready, users of the Shiba Inu-themed wallet will have access to on-ramp and off-ramp services from multiple providers, all conveniently accessible on one unified platform. In addition to that, it also promises users access to the most favorable market rates, ensuring a seamless and efficient cryptocurrency experience.

With Tangem ready to roll on the Shibarium network, Shiba Inu has unleashed its newest addition—SHEboshis—to its homegrown Shiboshi NFT collection. The announcement generated quite a buzz in the community, as the new NFT is based on the experimental DN404/ERC-404 standard. Per the announcement, the meme coin ecosystem aims to introduce liquidity and fractional ownership in the NFT space. In short, these soon-to-be-released hybrid tokens promise to unlock new pathways for ownership and trade. 

Lipika Deka: Lipika is a crypto-journalist at TWJ. A graduate in economics and finance, she has a keen interest in the political and socio-economic facets of blockchain technology and the cryptocurrency industry.