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Shibarium Bridge Exploit Drains $2.4M 💸
Crypto-Detective
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A recent Shibarium bridge attack drained $2.4 million after hackers accessed validator signing keys.
Used a flash loan to buy 4.6M BONE tokens, gaining majority validator power
Malicious transaction moved funds out of the bridge
In response, stake/unstake functions paused and funds moved to a hardware wallet with multisig
Developers prioritize network security and safeguarding user assets, working with Hexens, Seal 911, and PeckShield.
#ShibaInu #DeFiSecurity #CryptoHack
