Overview

• The attacker repaid the flash loan with assets taken from the bridge, including about 224.57 ETH and roughly 92.6 billion SHIB.
• Developers moved stake-manager funds from proxy contracts to a secure 6-of-9 hardware multisig and halted staking and unstaking.
• Shiba Inu engaged Hexens, Seal911, and PeckShield for a forensic review and alerted law enforcement, with investigations ongoing.
• K9 Finance DAO extended a 5 ETH on-chain bounty that remains open for 30 days and begins to diminish after seven days.
• Market fallout followed, with SHIB down roughly 6–7%, BONE off about 38% since the incident, and KNINE lower, according to reported data.