{"id":47450,"date":"2025-09-14T15:16:33","date_gmt":"2025-09-14T15:16:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=47450"},"modified":"2025-09-14T15:16:33","modified_gmt":"2025-09-14T15:16:33","slug":"shibarium-bridge-falls-victim-to-2-4-million-drain-attack-details","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=47450","title":{"rendered":"Shibarium Bridge Falls Victim To $2.4 Million Drain Attack \u2013 Details"},"content":{"rendered":"
\n

Shibarium, the Ethereum-based Layer 2 scaling solution built around the Shiba Inu ecosystem, has suffered a major security breach, leading to the loss of about $2.4 million in assets. The drain attack has since prompted intense immediate emergency responses.<\/p>\n

Hacker Uses Bridge Funds To Seize 4.6M BONE<\/strong><\/h2>\n

In an X post<\/a> on September 13, the development team behind the Shiba Inu<\/a> (SHIB) token revealed that a hacker leveraged funds from an earlier bridge hack to acquire 4.6 million BONE tokens in a single block, mimicking a flash loan-style transaction. This maneuver temporarily granted the malicious actor significant validator voting power to sign a malicious state on the Shibarium network, where BONE functions as the governance token.<\/p>\n

Notably, the flash loan-like transactions were settled using assets transferred directly from the bridge in the form of 224.57 Ethereum<\/a> (ETH) ($1.05 million) and 92.6 billion SHIB ($1.30 million). However, the BONE tokens remain locked with validators due to staking mechanisms, preventing the attacker from withdrawing them immediately.<\/p>\n

Nevertheless, the validator compromise highlighted a critical issue for the Ethereum layer 2 solution. The Shiba Inu team notes that evidence suggests that 10 of 12 validators\u2019 signing keys were breached, leaving only K9 Finance and Unification validators resisting the malicious signing attempt.<\/p>\n

In addition, other assets, including LEASH ($645,000), ROAR ($284,000), TREAT ($50,000), BAD ($17,000), and SHIFU ($10,000), were also drained but have not been sold. Meanwhile, the hacker\u2019s attempt to offload approximately $700,000 worth of stolen KNINE tokens was thwarted after the K9 Finance DAO multisig blacklisted their address, effectively freezing 248 billion KNINE permanently.<\/p>\n

Shibarium Team Shares Security Response And Next Steps<\/strong><\/h2>\n

In the immediate aftermath, the Shiba Inu team has halted staking and unstaking functions to safeguard community assets. Meanwhile, stake manager funds were also moved from proxy contracts into a secure 6-of-9 hardware multisig wallet. In addition, Blockchain security teams such as Hexens, Seal911, and PeckShield have also been onboarded to conduct a forensic investigation into the breach.<\/p>\n

In other developments, Shiba Inu developer with X username Kaal Dhairya confirmed<\/a> that while damage control and investigations are underway, the team is open to negotiating with the hacker, offering leniency and even a potential small bounty should the stolen assets be returned.<\/p>\n

Following the hack, the Shibarium ecosystem tokens have varying degrees of a negative price reaction. Notably, the Shiba Inu (SHIB) trades at 0.000014 following a slight 1.67% decline in the last day. Meanwhile, LEASH and BONE are down by 5.69% and 21.98% respectively, within the same period.<\/p>\n

\"Shibarium\"<\/div>\n","protected":false},"excerpt":{"rendered":"

Shibarium, the Ethereum-based Layer 2 scaling solution built around the Shiba Inu ecosystem, has suffered a major security breach, leading to the loss of about $2.4 million in assets. The drain attack has since prompted intense immediate emergency responses. Hacker Uses Bridge Funds To Seize 4.6M BONE In an X post on September 13, the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-47450","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47450"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47450\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}