BONE Price Surges 40% After Shibarium Flash Loan Exploit
8 Articles
8 Articles
Shiba Inu Shibarium Halts Staking After Flash Loan Attack
The Shiba Inu ecosystem faces scrutiny after an exploit on Shibarium’s bridge attempted to siphon off more than $1 million worth of BONE tokens. On-chain data showed an effort to move about 4.6 million BONE, immediately drawing a response from the project’s developers. Sponsored Sponsored Shiba Inu Bridge Exploit Coincides With Major ShibaSwap Upgrade On September 13, Kaal Dhairya, a Shiba Inu developer, explained that the exploit was not a flaw…
Shibarium Bridge Attack Halted, Funds Moved to Multi-Sig Wallet
Hacker used flash loan to gain validator keys and target 4.6M BONE in Shibarium Bridge. Tokens remained locked due to unstaking delays, enabling swift freeze and response. Team halts staking and moves funds to multi-sig wallets amid opening talks for negotiations. Shibarium’s bridge was struck by a coordinated attack after a hacker exploited a flash loan to acquire 4.6 million BONE tokens. According to developer Kaal Dhairya, the attacker gained…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium