VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
Root cause
Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.
Forensic narrative
The Shibarium bridge, connecting the Layer 2 network of the same name to Ethereum, was targeted in a flash loan attack, resulting in a loss of approximately $2.4 million. The attacker used a flash loan to purchase 4.6 million BONE tokens and obtained validator signing keys, gaining control of the majority of validator power, and ultimately signed a malicious state to drain assets from the bridge. Attack method (per SlowMist): Flash Loan Attack. Reported loss: $ 2,400,000.
Primary source
https://www.theblock.co/post/370536/shibarium-bridge-suffers-sophisticated-flash-loan-attack-with-2-4-million-drained ↗Sourced from
slowmist
Technical record
- chain
- ethereum
- protocol
- Shibarium Bridge
- bug_class
- flashloan
- date_occurred
- 2025-09-12
- loss_usd
- $2,400,000
- source_id
- sm:shibarium-bridge::2025-09-12
Related — same bug class· flashloan