Shytoshi Kusama confirmed he has not left the Shiba Inu project and is actively involved in the response to a Shibarium flash-loan exploit; the team contained the incident, preserving delegated BONE and limiting losses to 224.57 ETH and 92.6 billion SHIB while planning further ecosystem steps.
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Shiba Inu lead confirms presence and ongoing work
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Shibarium flash-loan exploit led to 224.57 ETH and 92.6B SHIB lost; multisig and blacklist actions limited further damage.
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Team prioritized locking delegated BONE, blacklisting attacker addresses, and preparing official follow-ups across SHIB channels.
Shytoshi Kusama: Shiba Inu lead confirms he remains active after Shibarium exploit; read mitigation details, losses, and next steps for SHIB and AI initiatives.
What happened in the Shibarium flash-loan exploit?
The Shibarium flash-loan exploit involved an attacker borrowing 4.6 million BONE via a flash loan to gain validator control, resulting in confirmed losses of 224.57 ETH and 92.6 billion SHIB. The Shiba Inu team and community actors intervened to limit further asset movement and recover stability.
How did the Shiba Inu team respond to the exploit?
Shiba Inu developer Kaal Dhairya and other maintainers took immediate, preemptive actions that prevented a more serious breach. The response included locking delegated BONE tokens, coordinating multisig blacklisting of malicious addresses, and halting attempted sales of impacted tokens.
Official SHIB communications later detailed that an attacker attempted to sell nearly $700,000 worth of KNINE, but the sale failed after the K9finance DAO multisig blacklisted the malicious address. Other tokens flagged included LEASH, ROAR, TREAT, BAD and SHIFU; these remained unmoved at the time of reporting.
Did Shytoshi Kusama leave Shiba Inu?
Shytoshi Kusama confirmed he has not left the Shiba Inu project and explained his recent silence as a period spent assessing complex situations before making public statements. He emphasized continued work on SHIB and AI initiatives to strengthen the ecosystem.
What did Kusama say about next steps?
Kusama posted that the team is “in the war room” and preparing additional official statements across SHIB channels. He highlighted a strategic focus that combines token-supporting measures with AI-driven projects designed to boost the broader Shiba Inu ecosystem.
Frequently Asked Questions
Did the exploit affect SHIB token security?
The exploit involved validator control and affected multiple tokens, but core SHIB protocols remained intact. The team locked delegated BONE and used multisig blacklisting to limit broader exposure.
Who reported the exploit and losses?
Security observers and the official SHIB account reported the incident. Plain-text mentions include Peckshield calling attention to the flash loan and Kaal Dhairya detailing mitigation steps.
Key Takeaways
- Confirmed presence: Shytoshi Kusama affirmed he remains active and engaged in Shiba Inu strategy and crisis response.
- Containment effective: Locking delegated BONE and multisig blacklisting prevented larger losses and stopped attempted token sales.
- Transparent communication: Official SHIB channels and developer statements provided loss figures and next steps; more updates are expected.
Conclusion
The Shiba Inu team contained a Shibarium flash-loan exploit that resulted in 224.57 ETH and 92.6 billion SHIB in confirmed losses. Shytoshi Kusama reassured the community he remains committed, with the team combining token protection measures and AI-focused initiatives to strengthen the ecosystem. Watch SHIB channels for official follow-ups and recovery plans.
Published: 2025-09-16 | Updated: 2025-09-16
