Shiba Inu's Shibarium Goes Dark for Two Weeks – Here's What Users Need to Know

The Shiba Inu development team has implemented a substantial security upgrade for the Shibarium ￰0￱ enhancement focuses on strengthening decentralization and removing vulnerabilities that could compromise the blockchain's ￰1￱ move comes as the network works to restore confidence following a security incident that threatened its ￰2￱ Infrastructure Overhaul Begins Shibarium's legacy public RPC endpoint will be deactivated over the next two ￰3￱ Remote Procedure Call serves as the essential link between user wallets, decentralized applications, and the ￰4￱ functional RPC endpoints, users cannot execute transactions, interact with smart contracts, or view their account ￰5￱ engineering team behind Shibarium explained that the temporary shutdown addresses concerns about ￰6￱ many users and applications rely on a limited number of public ￰7￱ concentration creates potential points of failure that attackers could ￰8￱ decision represents a strategic shift toward building a more distributed ￰9￱ development team emphasized that the move aims to strengthen the network rather than limit user ￰10￱ encouraging the adoption of multiple RPC providers, the blockchain can better withstand targeted attacks and technical ￰11￱ to September Security Breach The upgrade follows a critical incident in September when network operators paused Shibarium to prevent data ￰12￱ attacker compromised a validator key and leveraged a temporary delegation of 4.6 million BONE ￰13￱ malicious actor attempted to gain control over the network ￰14￱ clarified that the breach did not expose fundamental flaws in the core protocol of ￰15￱ vulnerability stemmed from external access to validator credentials rather than code-level ￰16￱ team responded by implementing multiple security ￰17￱ protective measures include a validator blacklisting system that can quickly isolate compromised ￰18￱ Plasma Bridge now requires a seven-day withdrawal delay, giving the team time to detect and respond to suspicious ￰19￱ changes aim to prevent similar incidents in the ￰20￱ operations resumed shortly after the security patches were ￰21￱ BONE token bridging functionality returned to normal, allowing users to move assets between ￰22￱ response demonstrated the team's ability to address threats without extended ￰23￱ Activity Remains Robust Shibarium continues to show strong usage metrics despite recent security ￰24￱ blockchain hosts over 30,000 deployed smart contracts across various ￰25￱ than 272 million wallet addresses have interacted with the network since its ￰26￱ volume has reached 1.54 billion, indicating sustained user ￰27￱ activity shows approximately 8,400 transactions processed within a 24-hour ￰28￱ 300,000 active users contributed to this ￰29￱ BONE governance token maintains healthy on-chain ￰30￱ have completed over 4.69 million token transfers to ￰31￱ metric reflects ongoing participation in the network's ecosystem and governance ￰32￱ finance institutions are beginning to take notice of Shiba Inu ￰33￱ detailed in our last news piece, ￰34￱ Price recently filed documentation with the Securities and Exchange Commission for a potential spot Shiba Inu exchange-traded ￰35￱ approved, this would mark the first U.

S.-based ETF focused on the token.