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Shibarium Bridge Still Frozen as Shiba Inu Details Validator-Key Breach and Phased Restoration Plan

Independent reviews must conclude before any reopening.

Overview

  • Core developer Kaal Dhairya says attackers temporarily controlled 10 of 12 validator signing keys to force fraudulent exits from the PoS bridge.
  • Bridge functions remain restricted as teams rotate validator signers, shift contract control to multi-party hardware custody, and immobilize attacker-linked BONE stake.
  • Public loss estimates diverge, with PeckShield citing roughly $2.3 million and other reports referencing about $4 million, including ETH, SHIB, and ROAR among affected assets.
  • A four-phase roadmap outlines containment, hardening with external firm Hexens, gated restoration only after independent sign-offs, and a full postmortem with a remediation proposal.
  • Investigators are weighing recovery paths such as bounties, law-enforcement cooperation, and treasury or insurance options, and users are warned to ignore unverified recovery portals.