Shiba Inu Makes One Last Move After Hacker Rejects $40K Offer—What Happens Next?

The Shiba Inu development team has issued its last bounty bid to the hacker behind the recent Shibarium bridge ￰0￱ team now proposes a 25 ETH bounty for the return of stolen ￰1￱ is the third and the last effort in bargaining with the ￰2￱ standoff has played out entirely on-chain through the Ethereum ￰3￱ message between the developers and the attacker remains publicly visible. K9 Finance DAO initially offered 5 ETH as a white hat ￰4￱ hacker rejected this proposal and countered with a demand for 50 ETH. A second offer of 20 ETH followed through a deployed smart ￰5￱ attacker also declined this ￰6￱ development team has now increased the bounty to 25 ETH, but made clear that no further negotiations will ￰7￱ message attached to the latest proposal combines urgency with a stern ￰8￱ emphasized that the Shiba Inu team itself backs this offer, not just K9 ￰9￱ stolen tokens remain blacklisted across the ￰10￱ renders them effectively worthless to the attacker. ”The blacklisted tokens are currently useless to you, and we could easily move on,” the team stated. ”You've taken real money from hardworking people who trusted the Shib ￰11￱ the smart thing and collect what you ￰12￱ are ready to walk away.” Recovery Efforts and Security Response Lead developer Shytoshi Kusama confirmed the establishment of a ”war room” following the September attack.

A dedicated team coordinates all recovery efforts for the compromised ￰13￱ initiative demonstrates the project's commitment to protecting user ￰14￱ reward contract operates on a trustless basis to ensure secure fund ￰15￱ hacker must approve the contract to transfer the frozen KNINE tokens before claiming the ￰16￱ mechanism prevents any potential payment ￰17￱ users continue to wait for updates on their stolen ￰18￱ development team has not yet announced a timeline for potential ￰19￱ focus remains on recovering the funds through the bounty ￰20￱ Network Enhancements The Shibarium team has implemented multiple security upgrades since the ￰21￱ measures aim to prevent similar attacks and eliminate single points of ￰22￱ network underwent a temporary shutdown to facilitate these ￰23￱ disabled the legacy RPC endpoint as part of the security ￰24￱ anti-hack protocols were integrated during this ￰25￱ endpoint served as a potential vulnerability that required immediate attention.