K9 Finance Offers 20 ETH to Shibarium Hacker; Shiba Inu Dev Says Grab Free Money Before Offer Expires

3 Min Read
3 Min Read

K9 Finance is providing a brand new bounty to the Shibarium bridge hacker, and people within the Shiba Inu ecosystem are encouraging the abuser to take up the deal this time.

“Get your free money earlier than this provide expires,” lead developer Karl Dahlia urged in a speech Tuesday. Tweet. He inspired exploiters to do the proper factor and settle for elevated bounties for stolen KNINE tokens.

New and improved gives from K9 Finance

Notably, Dahlia spoke out to highlight a brand new provide from K9 Finance, an fairness affiliate of Shiba Inu Ecosystem. platform known as November third was a “fortunate day” for Shibarium bridge hackers. As a result of an improved 20 ETH bounty was supplied to return the misused KNINE tokens.

Pricey Shibarium Bridge Hacker

Fortunate day…

New 20 ETH bounty for returning stolen KNINE tokens.

(Please learn the bounty message ⬇️) https://t.co/I77XYgNjzL

— K9 Finance DAO (@K9finance) November 3, 2025

An on-chain message from K9 builders highlighted that the 5 ETH bounty exceeds the usual 10% bounty supplied to white hat hackers. Nonetheless, the hacker was nonetheless unable to reply after that. Shiba Inu Ecosystem Workforce provides 50 ETH Return all stolen belongings.

At present, K9 Finance is providing 20 ETH to hackers. The venture shared the bounty settlement, urging hackers to overview the supply code and approve the bounty for utilizing KNINE tokens. Recall that K9 Finance has blacklisted and frozen the tokens, however you can’t retrieve them. Therefore the negotiation.

See also  Retail stablecoin boom helps send Tron active wallets to new highs

Hacker response

Curiously, the Shibarium Bridge hacker responded for the primary time for the reason that hack. On Tuesday, the hacker dropped On-chain message prompting K9 Finance to extend the provide to 50 ETH to get well all KNINE tokens.

The attackers stole 248 billion kroner, equal to greater than $717,000 on the time of the hack and $340,256 immediately. At present market costs, 50 ETH is price $165,150, which means the hacker desires a staggering 48.5% of the worth of the stolen funds.

Notably, the hackers liquidated a few of the stolen funds. Particularly, we transformed some USDT and USDC to Ethereum. In late September, he Bought all stolen BAD tokens For 3.2 ETH through MetaMask.

Shiba Inu with strengthened safety

In the meantime, Shibarium Bridge has resumed operations although customers are nonetheless feeling the consequences of the hack. The builders additionally recovered 4.6 million BONE tokens associated to the hack by means of StakeManager.

Sooner or later, ecosystem builders will promised stricter safety We are going to take measures to stop related conditions from occurring. They migrated over 100 contracts throughout Shibarium, Shiba Inu Metaverse, and ShibaSwap to multi-signature wallets and launched a blacklist function that blocks malicious accounts from collaborating in staking actions.

Share This Article
Leave a comment
bitcoin
Bitcoin (BTC) $ 103,707.79
ethereum
Ethereum (ETH) $ 3,449.48
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 990.61
xrp
XRP (XRP) $ 2.33
cardano
Cardano (ADA) $ 0.583604
usd-coin
USDC (USDC) $ 1.00
binance-usd
BUSD (BUSD) $ 0.998114
dogecoin
Dogecoin (DOGE) $ 0.180381
okb
OKB (OKB) $ 125.97
shiba-inu
Shiba Inu (SHIB) $ 0.00001
tron
TRON (TRX) $ 0.293423
uniswap
Uniswap (UNI) $ 5.93
litecoin
Litecoin (LTC) $ 102.95
solana
Solana (SOL) $ 163.03
chainlink
Chainlink (LINK) $ 16.05
cosmos
Cosmos Hub (ATOM) $ 3.11
ethereum-classic
Ethereum Classic (ETC) $ 17.89
filecoin
Filecoin (FIL) $ 3.39
bitcoin-cash
Bitcoin Cash (BCH) $ 514.58
monero
Monero (XMR) $ 365.64