Shytoshi Kusama Breaks Silence On $2.3 Million Shibarium Hack —Working With Devs In 'War Room,' Absence Rumors 'Preposterous'

Core Insights - The Shiba Inu ecosystem is actively addressing the impact of a recent hack that resulted in the theft of over $2 million, with lead ambassador Shytoshi Kusama confirming ongoing collaboration with developers to resolve the issue [1][4]. Group 1: Incident Overview - The hack involved a flash loan-like attack that drained over $1 million in Ethereum and SHIB from the Shibarium Layer-2 network, exploiting temporary validator voting power to deploy malicious software [4]. - The Shiba Inu team has paused staking and unstaking functions to safeguard community assets and is collaborating with blockchain security firms, including PeckShield, for a comprehensive forensic investigation [5]. Group 2: Response and Communication - Shytoshi Kusama emphasized that claims of their absence from the situation are unfounded, stating that they are actively involved with the lead developer and other parties to determine the next steps [2]. - The complexity of the issue has been acknowledged, with Kusama indicating that further official statements will be made once a complete understanding of the situation is achieved [3].