{"id":47480,"date":"2025-09-15T03:31:31","date_gmt":"2025-09-15T03:31:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=47480"},"modified":"2025-09-15T03:31:31","modified_gmt":"2025-09-15T03:31:31","slug":"shiba-inus-layer-2-network-breached-over-1-million-each-in-ethereum-shib-stolen-how-it-was-done","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=47480","title":{"rendered":"Shiba Inu&#8217;s Layer-2 Network Breached, Over $1 Million Each in Ethereum, SHIB Stolen: How It Was Done"},"content":{"rendered":"<div>\n<p>The <strong>Shiba Inu<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>) 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.<\/p>\n<h2 class=\"wp-block-heading\">Flash Loan Attack On Shibarium<\/h2>\n<p>According to the official X account tied to the SHIB token, the attacker acquired 4.6 million <strong>Bone ShibaSwap<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">BONE<\/a>), the governance token of Shiba Inu\u2019s Layer 2 network <strong>Shibarium<\/strong>, through a flash loan and momentarily gained validator voting power. This allowed them\u00a0to push \u201cmalicious\u201d software\u00a0on Shibarium. <\/p>\n<p>Shiba Inu said that without the flash loan, the attacker wouldn\u2019t have achieved the required 2\/3 majority.<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/22\/03\/26196127\/someone-used-flash-loans-to-exploit-800-000-in-apecoin-tokens\">Flash loans<\/a> are a\u00a0type of uncollateralized loan, where assets are borrowed and returned within the same\u00a0blockchain\u00a0transaction. They are commonly used for arbitrage, but attackers have been found to use them in conjunction with other techniques to defraud users.<\/p>\n<p>The attacker then repaid the transaction\u00a0using assets drained from the\u00a0bridge, specifically 224.57 <strong>Ethereum <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>), worth &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/09\/47660075\/shiba-inus-layer-2-network-breached-over-1-million-each-in-ethereum-shib-stolen-how-it-was-\" alt=\"Shiba\" inu layer-2 network breached over million each in ethereum shib stolen: how it was done>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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), [&hellip;]<\/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-47480","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\/47480","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=47480"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47480\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}