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, ...

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 ...

``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 ...