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Shiba Inu Lead Kaal Dhairya Calls $4 Million Hack 'Serious Incident' — Vitalik Buterin Says Focus On Low-Risk DeFi Than Memecoins
Yahoo Finance· 2025-09-22 18:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Kaal Dhairya, the lead developer of the Shiba Inu (CRYPTO: SHIB) ecosystem, labeled the recent hack incident as “serious” on Sunday, but indicated that the team was able to contain the immediate damage. Damage Could Have Been Worse, Says Dhairya In a blog post, Dhairya provided updates about the security breach on Shiba Inu’s Layer 2 network, Shibarium, which resulted in the loss of $4 million in cryptocur ...
Shiba Inu Confirms Hack Losses At $4 Million, Offers Attacker A Deal: 'Full Post Mortem Report' To Follow
Yahoo Finance· 2025-09-19 02:31
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The Shiba Inu (CRYPTO: SHIB) team revealed on Wednesday that over $4 million in cryptocurrencies was stolen in the recent hack of its Layer-2 network, Shibarium. Shiba Inu Ready To Pay Bounty A total of 17 different coins were drained out, according to the official X account tied to the SHIB token, including $1 million in Ethereum (CRYPTO: ETH), $1.3 million in SHIB, $717,000 in K9 Finance (KNINE), $680, ...
Shytoshi Kusama Breaks Silence On $2.3 Million Shibarium Hack —Working With Devs In 'War Room,' Absence Rumors 'Preposterous'
Yahoo Finance· 2025-09-16 23:32
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Shytoshi Kusama, the lead ambassador of the Shiba Inu (CRYPTO: SHIB) ecosystem, confirmed Monday that they’re actively working with developers to mitigate the impact of the Shibarium hack, calling rumors of their absence as “preposterous.” Shytoshi Hasn’t Deserted SHIB Ecosystem Amid Hack The pseudonymous personality posted on X after a gap of over a month, clarifying that despite shifting their focus towa ...
Shiba Inu's Layer-2 Network Breached, Over $1 Million Each in Ethereum, SHIB Stolen: How It Was Done
Yahoo Finance· 2025-09-15 18:30
``Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. `` `` The Shiba Inu (CRYPTO: SHIB) team posted a detailed account of the hacking incident that impacted its ecosystem on Saturday, including details about the assets affected and subsequent actions taken. `` Flash Loan Attack On Shibarium `` ```` According to the official X account tied to the SHIB token, the attacker acquired 4.6 million Bone ShibaSwap (CRYPTO: BONE), the governance token of Shiba Inu’s ...