Key notes
- Shiba Inu announced that she had frozen 4,600,000 bone tokens.
- This came after Peckshield highlighted an ongoing attack on the Shibarium bridge.
- Shib Price is in the green area with a rally of more than 10%.
Shiba Inu (SHIB) recently frozen 4.6 million bone tokens after being linked to a breach on the shibarium, the layer 2 scale solution of the protocol. The last frost is a precautionary measure implemented to avoid more risks or another attack on the ecosystem.
Sociations and attacks on the Shiba Inu ecosystem
The Shiba Inu team announced the freeze of 4,600,000 OS on September 13, after the blockchain analysis platform, Peckshield highlighted an in progress on the Shibarium bridge. The security company first spotted a suspicious activity on the Shibarium bridge. Immediately, Peckshield drew the attention of Shytoshi Kusama, the main developer of Shiba Inu.
Shortly after, the developer Kaal Dhairya says that the Shiba Inu team launched an investigation into the issue. Based on this investigation, it was confirmed that the bad players behind the attack led to a flash loan to acquire the 4.6 million bones. They compromised the validator’s signature keys, giving it access and control over the protocol.
Details
With majority control, the attackers tried to siphon the assets of the Shibarium bridge. Seeing that the stolen tokens were delegated to the validator 1, however, they remained locked up. This is due to ignition restrictions, which allowed the Shiba Inu team to freeze the tokens. Shiba Inu has immediately entered into action, temporarily suspended the functions of appearance.
The fuel manager funds were sent to a material portfolio secured by a multisig, and an audit for the integrity of all the keys to validator has been carried out. In the opinion of the team, the protection of community assets is the absolute priority. In addition to Peckshield, other security companies like Hexens and Seal 911 also contributed to the investigation.
The team also offered the attacker a prime whitehat reward and promised not to file a complaint if it returns the funds before a stipulated hour. This is not the first time that the Shiba Inu ecosystem has known such a violation in its system. Recently, he warned his users of crooks exploiting expired ties to create false servers.
As soon as these hackers had access, they tricķ users without distrust to “check” their wallets. Without knowing it, this action eliminated the Shib and other tokens in a few minutes. At other times, these bad players disguise themselves as Kusama and ask for user funds.
Shiba Inu Price Rallyes over 10%
Meanwhile, Shib Price was on the rise, especially after a long time to be one of the underperformants in the cryptography industry.
Analysts and market observers remain optimistic that September will be a better month for the token. They expect a 163% rally at Shibs Price. At the time of these forecasts, the shib burning rate climbed to 157,726% in a single day, giving the market hope that a advantage is possible.
When writing these lines, the price of Shiba Inu reached $ 0.00001459, corresponding to a 10.33% rally in the last 24 hours.
Hi @ShytoshikusamaYou may want to take a look: pic.twitter.com/979ykwd9
– Peckshield Inc. (@peckshield) September 12, 2025
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Benjamin Godfrey is a blockchain enthusiast and a journalist who savor the writing of actual applications for blockchain technology and innovations to stimulate general acceptance and global integration of emerging technology. His desire to educate people on cryptocurrencies inspires his contributions to renowned media and blockchain sites.