It appears that K9 Finance, a curious contrivance of decentralized finance upon the Shiba Inu’s rather whimsical Shibarium network, hath announced-quite publicly-an offer of five Ether, an amount nearing $23,000, as a bounty to the audacious knave responsible for absconding with a veritable fortune of $2.4 million through the Shibarium bridge.
On the Monday following these events, the virtuous company dispatched an on-chain entreaty directly unto the rogue. They most earnestly entreated the scoundrel to restore the purloined treasures, warning that the proffered bounty would remain available for no more than thirty days, diminishing in worth as the seven-day mark passed-perhaps to encourage rapid repentance, or simply to preserve their own patience from being thoroughly tested.
K9 Finance, with great solemnity, declared that upon the invocation of a curious function known as recoverKnine(), the matter shall be rendered beyond dispute and final. Should the villainous party elect to accept(), the accord must be forever binding, for “code is law,” as they sagely reminded. The bounty remains thus in vigour, and the impudent rake is urged to haste before opportunity too flees.
The Exploit
The nefarious exploit occurred on a Friday, that most unfortunate of days, when a band of hackers seized the keys-nay, the very validator signing keys-thereby conjuring a loss upwards of $2.4 million in Ethereum and Shiba Inu tokens. With a flash loan most artful, the rogues acquired a monstrous 4.6 million Bone ShibaSwap tokens, wrested majority control of the validators, and with perfidious signature, did siphon away the bounty.
In swift response, the keepers of Shibarium suspended all staking-both the gaining and the releasing thereof-and transferred funds into a most secure multisig hardware wallet, as if sealing the treasure within a dragon-guarded vault. Alliances with the illustrious firms Hexens, Seal 911, and PeckShield were promptly forged, to investigate and unravel this scandalous affair.
Kaal Dhairya, a developer of some repute, has declared overtures to the authorities, yet remains open to civil discourse with the wayward thief. Above all, their noble mission remains the restoration of safety and the preservation of their community’s assets, as one might protect one’s most cherished tea service from the ravages of a careless houseguest.
Alas, the mischief wrought a noticeable decline in the value of Shiba Inu-related tokens: SHIB now trades at a paltry $0.00001311, dipping some 6.57% in a single day; K9 Finance’s own KNINE suffers a loss of near 5%, and BONE’s price falls by 6%, casting a rather gloomy shadow upon the whole affair.
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2025-09-15 17:13