Shiba Inu Confirms Hack Losses At $4 Million, Offers Attacker A Deal: 'Full Post Mortem Report' To Follow

The Shiba Inu community was left reeling on Wednesday as the team revealed a devastating hack had resulted in the theft of over $4 million in cryptocurrencies from its Layer-2 network, Shibarium. The news sent shockwaves through the crypto world, with many investors and users expressing concern for the safety of their assets.

The Shiba Inu team took to its official X account to address the situation and provide an update on the hack. According to the statement, a total of 17 different coins were drained from the network, leaving a significant amount of damage in its wake. The cryptocurrency's value plummeted as news of the hack spread, with many investors scrambling to assess their losses.

However, in a surprising twist, the Shiba Inu team has offered the attacker a deal: in exchange for returning the stolen funds, they will provide the hacker with a "full post mortem report" detailing the exact vulnerabilities exploited during the attack. This offer suggests that the team is willing to cooperate with the attacker and provide them with valuable insights into how the hack occurred.

While the details of the hack are still unclear, it's evident that Shibarium was not immune to the threats posed by malicious actors in the crypto space. The incident serves as a stark reminder of the importance of cybersecurity measures and the need for continuous vigilance in protecting sensitive assets.

The Shiba Inu community is eagerly awaiting news on whether the attacker will accept the offer and return the stolen funds. As the situation continues to unfold, one thing is clear: the crypto world will be watching with bated breath as this saga plays out.