coin-img-LIGHTERLIGHTER-17.65%coin-img-ASTERASTER+0.14%coin-img-ETHETH+0.51%coin-img-AAVEAAVE-0.57%coin-img-BTCBTC+1.12%coin-img-UCNUCN+0.23%coin-img-USDCUSDC+0.00%coin-img-SOLSOL+1.84%coin-img-LIGHTERLIGHTER-17.65%coin-img-ASTERASTER+0.14%coin-img-ETHETH+0.51%coin-img-AAVEAAVE-0.57%coin-img-BTCBTC+1.12%coin-img-UCNUCN+0.23%coin-img-USDCUSDC+0.00%coin-img-SOLSOL+1.84%coin-img-LIGHTERLIGHTER-17.65%coin-img-ASTERASTER+0.14%coin-img-ETHETH+0.51%coin-img-AAVEAAVE-0.57%coin-img-BTCBTC+1.12%coin-img-UCNUCN+0.23%coin-img-USDCUSDC+0.00%coin-img-SOLSOL+1.84%coin-img-LIGHTERLIGHTER-17.65%coin-img-ASTERASTER+0.14%coin-img-ETHETH+0.51%coin-img-AAVEAAVE-0.57%coin-img-BTCBTC+1.12%coin-img-UCNUCN+0.23%coin-img-USDCUSDC+0.00%coin-img-SOLSOL+1.84%
user-avatar
Tomiwabold Olajide

Shiba Inu Developer Details Shibarium Hack Fallout and SOU Repayment Plan in 2025 Letter

In a year-end 2025 letter to the SHIB community, Shiba Inu developer Kaal Dhairya described the past months as the project's most difficult period, citing the Shibarium hack and leadership gaps during the crisis. He said technical recovery of the bridge is largely complete, outlined the SOU "Shib Owes You" NFT-based claims system for affected users, and announced a strategic shift toward revenue-generating core infrastructure while sunsetting nonessential projects.
SHIB
SHIB-1.39%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.