Shiba Inu Price In Trouble? SHIB Team Goes After Attackers After Major Bridge...

Shiba Inu Price In Trouble? SHIB Team Goes After Attackers After Major Bridge...

The Shiba Inu community is on high alert after a major compromise of the Shibarium bridge over the weekend. What began as reports from blockchain security firm PeckShield quickly escalated into a confirmed attack involving validator key leaks, flash loans, and malicious state changes. Developers have scrambled to contain the breach by freezing 4.6 million BONE tokens, but the situation has revealed vulnerabilities in the security of Shiba Inu’s infrastructure and has had an impact on Shiba Inu’s short-term price action. Developer Confirms Attack Details Taking to the social media platform....


Related News

Shiba Inu Team Member Encourages SHIB Holders Amidst WazirX Security Breach

Shiba Inu, a dog-themed memecoin is in the spotlight as trillions of SHIB were reportedly stolen in a recent cybersecurity breach with the leading India-based cryptocurrency exchange, WaxirX. Reacting to the incident, Shiba Inu team member and marketing head, Lucie, in a heartfelt message has expressed her condolences to the SHIB holders affected by the […]

Shibarium Bridge Goes Live In Beta But There’s A Catch

Shiba Inu’s development team has announced a significant advancement in the SHIB ecosystem. With the introduction of the Shibarium Bridge, users will have a new way to interact with the ecosystem. However, as this technology is still in its beta phase, the team behind Shiba Inu (SHIB) is urging the community to exercise caution. A team representative known as Lucie recently announced the Shibarium Bridge’s beta release. This addition to the Shibarium network was first introduced to the public in April and has since progressed from being partially functional to undergoing public....

Shiba Inu has a new use case — Buying land in SHIB: The Metaverse

Memecoin Shiba Inu can officially be used to purchase land in the SHIB Metaverse using the native SHIB token, as the development team continues to provide utility for holders. Holders of the popular memecoin Shiba Inu (SHIB), will now be able to use the cryptocurrency to purchase land in the Shiba metaverse. On Wednesday, the Shiba Inu team took to Twitter to reveal that the SHIB token could now be used to mint parcels of land in the recently unveiled virtual reality project “SHIB: The Metaverse.”New minting option has been released on https://t.co/f2oLn05qWk! Mint lands with $SHIB!....

Shiba Inu: Shib Army Engages In Guessing Game For Upcoming Shib Magazine

Shiba Inu has recently announced the new developments that will be featured in the upcoming second edition of its magazine – The SHIB Magazine, which will make the second edition bigger and better than the first edition of the magazine.  Shiba Inu To Features For Upcoming Magazine The Shiba Inu team took to X (formerly […]

Shiba Inu Kicks Off Metaverse Project; SHIB Rallies 14% In The Last 7 Days

Despite the backlash it receives from cryptocurrency analysts, the Shiba Inu meme coin continues to make a loud noise, and on March 30, it revealed additional details regarding its own metaverse, which will be appropriately named SHIB. The project currently has more than 3 million followers on Twitter, which the development team attributes to a new degree of achievement. The team says that by launching its own metaverse venture, it will help position Shiba Inu for advancement. Shiba Inu Marks Territory In The Metaverse SHIB: The Metaverse is a virtual world with about 100,595 plots of....