Shiba Inu: Bermuda dApp Expands Support for BONE and Dai on ShibaSwap

Shibarium Gains Support: New Cross-Chain Update To Be Released

Bermuda, which is a privacy-focused decentralized application (dApp) that doesn’t require a custodian, has announced that it now supports two additional tokens, Bone and Dai, on the ShibaSwap platform. This expansion of support for these two tokens adds to the range of cryptocurrencies that can be used on the Bermuda dApp without sacrificing privacy.

In January 2023, Bermuda had announced the addition of support for Shiba Inu (SHIB) to its platform.

Shibarium Gains More Support 

Bermuda has shown interest in supporting the Shibarium Network, as confirmed by its team in response to a query from one of the most devoted members of the SHIB community, known as “The Bus.” The team has revealed that they plan to release a cross-chain update in the coming months to support various Layer 1 (L1) and Layer 2 protocols, which would enable users to use Bermuda dApp with different blockchain networks. 

Bermuda is a decentralized application (dApp) and protocol that gives a lot of importance to privacy and functions in a non-custodial way. It offers users the ability to make cryptocurrency payments without revealing their identities. This is achieved by the Bermuda dApp by generating a virtual wallet address for each transaction, which replaces the actual wallet address of the user. By doing this, the user’s identity and transaction details remain anonymous, thereby enhancing the security of the transaction.

Recently, Shiba Inu has become increasingly popular among mainstream users, especially in the world of cryptocurrencies. This can be seen in the latest developments, where Tokapi, an NFT marketplace in Portugal, has teamed up with BitPay, a leading payment gateway, to allow users to use Shiba Inu as a payment option on their platform.

Read article: Bitboy’s Shiba Inu Tattoo Promise: If Mentioned in Lawsuit, He Vows to Follow Through

Additionally, Shytoshi Kusama, the leader of Shiba Inu, has recently created a fund that aims to support women in the blockchain industry and female creators on the Shibarium-L2 Network. This development was reported exclusively by Forbes. The fund’s focus is to empower women and promote gender equality in the industry.

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