Shiba Inu Dev Issues New Security Update On Shibarium Bridge
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 […]
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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 […]
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’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 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....
The Shiba Inu developers have issued a new statement about the Shibarium bridge. In it, they openly admit that developers made mistakes in the way the bridge was set up and managed. They also acknowledge that they initially didn’t make decentralization a priority. Now, they claim that addressing this issue and improving security are their […]