[Shibarium Cross-Chain Bridge Hit by Flash Loan Attack, $2.4 Million Lost]
The Shibarium cross-chain bridge suffered a flash loan attack, resulting in the theft of approximately $2.4 million worth of ETH and SHIB. The attacker borrowed 4.6 million BONE tokens, obtained 10 out of 12 validator signature keys, and gained majority control of the network, extracting 224.57 ETH and 92.6 billion SHIB. Shiba Inu developers have suspended the staking function and frozen BONE tokens to prevent further attacks. Additionally, the attacker stole approximately $700,000 worth of K9 tokens, but K9 Finance DAO intervened by blacklisting the attacker's wallet to block token sales.