The hacking of Shibarium: an urgent warning for the future of decentralized finance
The Shiba Inu ecosystem, known for its ambitious expansion beyond the meme token SHIB, has suffered one of the most sophisticated and concerning attacks in the recent history of emerging blockchains. The target was Shibarium, its layer 2 network based on Ethereum, designed to facilitate faster and cheaper transactions within the Shiba universe.
The incident, which occurred on September 13, 2025, not only exposed critical technical vulnerabilities but also shook the trust of a community that had placed high expectations on the project.