Shiba Inu’s Latest Drama: Snags, Snakes, and the 4.6 Million BONE Heist!

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Hold onto your leashes, folks-Shiba Inu’s lead developer, Kaal Dhairya, just dropped a juicy update for the community. Turns out, there’s been a “minor snag” in the Shibarium lane, but don’t worry, it’s all going live on Monday. Big sigh of relief, right?

We hit a minor snag today, Shibarium lane powered by CCIP will be active on Monday

– Kaal (@kaaldhairya) September 12, 2025

Now, let’s be real here-what *exactly* does this mean? No one knows. But it *might* have something to do with Shibaswap’s latest stunt of expanding across blockchains like it’s throwing a party and inviting everyone. And I mean, EVERYONE.

In a shocking plot twist, Shiba Inu team member Lucie casually mentioned that ShibaSwap will now be expanding across major blockchains. So, buckle up because this is what happens when a platform gets all multi-chain and wants to take over Ethereum, Polygon, Arbitrum, and Base like it’s just another Tuesday.

Thanks to this upgrade, traders can now swap tokens between networks more easily, which makes ShibaSwap the blockchain party that refuses to end. Plus, it’s positioning itself to attract liquidity from major blockchains like some kind of liquidity magnet. Just waiting for that sweet, sweet Shibarium integration now…

Oh, and about that *CCIP* thing? It’s Chainlink’s fancy Cross-Chain Interoperability Protocol that hooks up Shiba Inu’s ecosystem with over 20 blockchains. Yup, 20. So, you could say things just got *real* connected.

The Shibarium Incident (cue dramatic music)

Okay, now for the juicy part-there was an incident on the Shibarium bridge. Some mysterious attacker, probably with a supervillain name, used a flash loan to buy a *whopping* 4.6 million BONE tokens. But here’s the twist: the only thing that actually moved was a tiny amount of ETH/SHIB. The rest, including that 4.6 million BONE, got *locked and frozen*. It’s like the tokens got put in timeout. 🙄

As a safety measure, the stake/unstake function was paused (like, good idea, right?), and the funds are now chilling in multisig cold storage. Meanwhile, top security firms like Hexens and PeckShield are currently playing detective on the case. Oh, and those validator keys? Yeah, they’re being secured like Fort Knox. Updates to follow, but no one’s holding their breath. 🕵️‍♂️

And, plot twist of the day: despite the chaos, BONE token is actually up 43% in the last 24 hours. It’s like, “What incident? I’m having a great day!”

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2025-09-13 14:04