Group 1 - The Shiba Inu team reported that over $4 million in cryptocurrencies was stolen in a recent hack of its Layer-2 network, Shibarium [1] - A total of 17 different coins were drained, including $1 million in Ethereum, $1.3 million in Shiba Inu, $717,000 in K9 Finance, $680,000 in Doge Killer, and $260,000 in ROAR [2] - Smaller amounts of USDC, Tether, and Shiba Inu Treat were also stolen, with the attacker converting USDC and USDT to Ethereum, while attempts to sell KNINE tokens were unsuccessful [3] Group 2 - The Shiba Inu team has suspended bridge operations and is conducting a forensic analysis due to significant user fund losses on Shibarium, while also planning to enhance monitoring and security practices [5] - The ecosystem is addressing the impact of a flash loan-like attack that allowed the attacker to gain validator voting power to deploy malicious software [5] - Shytoshi Kusama, the lead ambassador, confirmed ongoing collaboration with developers and dismissed rumors of team abandonment as unfounded [6] Group 3 - The Shiba Inu team has offered a bounty of 50 ETH, valued at approximately $229,400, to the attacker for the return of the stolen funds [4]