Shiba Inu Team Issues Explosive Update On Shibarium Bridge Exploit
Shiba Inu’s core team has issued a sweeping post-mortem update on the Shibarium bridge breach, detailing a multi-step attack that combined a flash-loan powered governance capture with compromised validator keys—followed by emergency protocol changes and a split bounty offer aimed at recovering user funds. Shiba Inu Devs Speak Out On Shibarium Bridge Exploit In an […]
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Following a significant exploit that compromised its Shibarium bridge, developers behind Shiba Inu (SHIB) have released a detailed update outlining their response to the incident. Shibarium Team Implements New Security Measures According to a post-mortem report, the malicious attack involved a perpetrator submitting three fraudulent checkpoints to Shibarium’s Ethereum mainnet contracts, disrupting the continuity between […]
Shiba Inu core developer Kaal Dhairya has issued a detailed security update following the September 12 incident that exploited validator signing power on the Shibarium PoS bridge to push a malicious state/exit and withdraw multiple assets. The post, published on September 21, 2025 outlines what happened, what has been done so far, and what will […]
Shiba Inu’s Shibarium network is facing a major setback after a recent bridge exploit that allowed an attacker to move funds out of the platform. In response, the Shiba Inu DeFi team makes a public on-chain offer of a bounty to encourage the return of the stolen assets. At the same time, token prices connected […]
Shiba Inu’s core contributors and the K9 Finance DAO have escalated their recovery campaign with an on-chain ultimatum to the Shibarium bridge exploiter, deploying a new bounty contract funded with 20 ETH and broadcasting the terms directly to the attacker via Ethereum Input Data Messages (IDM). Shiba Inu Team Drops Final 20 ETH Deal The […]
Shiba Inu’s Layer-2 network, Shibarium, is facing a serious challenge after a prominent decentralized finance platform within its ecosystem publicly warned that it may abandon the chain entirely. K9 Finance DAO, a liquid staking protocol built on Shibarium, announced it has set a firm deadline to resolve outstanding issues linked to September’s bridge exploit. The […]