Bearish
Shiba Inu's Shibarium bridge suffers $2.4 million exploit; developers plan user refunds.
In the past 24 hours, Shiba Inu's Shibarium bridge was targeted in a sophisticated flash loan attack, resulting in the loss of approximately $2.4 million in ETH and SHIB tokens. The Shiba Inu development team has paused staking and unstaking activities and is working on a plan to reimburse affected users.
Key points
- Shibarium bridge exploited; $2.4 million drained.
- Developers pause staking; user refunds planned.
Sources
AI-generated from public news sources. Not financial advice.
