SHIB Army Revenge Rally Inbound? ‘Broken’ SHIB Crypto Devs Work 10 Days Non-Stop to Save Shibarium From Attack
BY
Ben Graham
|
By using this site, you agree to our Terms of Use of Use and Privacy Policy
What’s next for the Shiba Inu price chart after the recent crash? After ten straight days of nonstop incident response, the Shiba Crypto development team has stabilized the Shibarium network and rescued 4.6 Mn BONE tokens from an attacker’s delegation contract.
It’s a major test for the meme-to-DeFi ecosystem; here’s what happens next:
What’s Next For Shiba Inu Price Chart: The Attack That Froze Shibarium
According to the development team’s report, an attacker injected fake checkpoints into Shibarium’s Ethereum contracts, triggering a safety measure that froze the network to prevent corrupted data. The exploit also targeted a 4.6 Mn BONE delegation through stake amplification.
Working with Hexens.io, the team transferred over 100 key contracts to hardware custody, rotated validator keys, and implemented blacklisting tools to enhance staking security.
“Every validator key, every contract owner, every checkpoint – reviewed, rotated, secured,” said Kaal Dhairya.
DISCOVER: Top 20 Crypto to Buy in 2025
Is the 4.6 Million BONE Recovery and Network Reinforcement Enough?
The BONE token, which powers staking and governance across the Shibarium ecosystem, became the focus of recovery efforts. Developers introduced a rescue function into the StakeManager contract, enabling the controlled removal of the attacker’s staked assets and the full restoration of legitimate delegator balances.
The fix was rolled out in stages, tested on Devnet, and proven on Puppynet (LOL, what a name), before being finally deployed to mainnet.
New protections are now live, with withdrawals facing a 24-hour checkpoint delay, and validator sets are verified after every key rotation. Per DeFi Llama, Shibarium’s TVL has fallen nearly $1Mn since September.
DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025
SHIB Crypto Finds Its Balance After the Shock
SHIB has flattened out around $0.0000126, recovering from the brief panic. Technicals show $0.0000120 as the key floor, with room to climb roughly +11% toward $0.0000141 if momentum builds.
Meanwhile, steady BONE staking and renewed communication from Shibarium developers are rebuilding trust across the community. Although it was a bumpy 10 days for Shiba Inu the coin is back and ready for Uptober.
EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive
Join The 99Bitcoins News Discord Here For The Latest Market Updates
Key Takeaways
The post SHIB Army Revenge Rally Inbound? ‘Broken’ SHIB Crypto Devs Work 10 Days Non-Stop to Save Shibarium From Attack appeared first on 99Bitcoins.