Shiba Inu Battles Major Flash Loan Threat

Shiba Inu’s layer-2 technology, Shibarium, was recently compromised in a high-profile flash loan assault, culminating in the theft of 224.57 ETH and 92.6 billion SHIB, amounting to $2.4 million in total. In the aftermath, Shiba Inu’s development team temporarily suspended various network functions to mitigate further damages.

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