Shiba InuEthereum with Shibarium 
$4,660.95 The system, which served as a bridge, was targeted with the flash loan attack on Friday. Approximately 224,57 ETH and 92.6 billion shibs were stolen in the attack and the total loss is 2.4 million dollars announced. After the incident, Shiba Inu developers temporarily stopped some transactions on the network.
Details of the attack with Flash Loan
According to the findings made after the attack, the attacker, Shibarium4.6 million of the management coin of the Bone borrowed by Flash Loan. Then, it reached 10 of the 12 confirmatory keys that ensure the security of the network and seized majority control. With this authority, ETH and SHIB drew from the bridge contract and transferred it to the address. The total market value of the stolen assets was recorded at a level of 2.4 million dollars.
The attacker also depends on the K9 Finance Ecosystem KNINE COIN‘s also made a share of about $ 700,000. However, K9 Finance Dao quickly moves and the attacker’s address to the black list receiving And the sale of Coins was prevented. Thus, the attacker seized Knine Coins became unusable in the market.
Measures taken after the attack
After the attack, Shiba Inu developers stopped waxing and unstacing. With this intervention, the borrowed bone coins became irreparable and the impact of the attacker on the network was limited. Also developers security companies Hexens, Seal 911 And Peckshield with technical examination.
Following the incident, sudden fluctuations were seen in Altcoin’s ecosystem. Bone CoinThe price of $ 0,165 in a short time rose to $ 0.294, then fell to 0.202 dollars. Shıb gained 4.5 percent in the last 24 hours.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
