Bone Guardian🍖🍖🍖

UPDATE 13/09/25 What we know so far about the recent incident 👇 How the exploit was executed: • The attacker used funds from the bridge hack in the same block as the attack to acquire 4.6M BONE to temporarily gain validator voting power, attempting to do it in one transaction like a flash transaction • With this, they were able to sign a malicious state on Shibarium. • The flash loan-like transaction was repaid using assets drained from the bridge: 224.57 ETH & 92.6B SHIB. • Importantly, because the BONE remains delegated to validators, it is currently locked and cannot be withdrawn. Validator compromise: • Evidence indicates 10 of 12 validators’ signing keys were compromised. • Only @K9finance and @UnificationUND validators refused to sign the malicious state. • Without the flash loan, ($1m BONE bought and delegated in 1 transaction using the hacked funds) the attacker would not have achieved the required 2/3 majority. Assets affected: • Bridge assets: 224.57 ETH & 92.6B SHIB. • The attacker attempted to sell ~$700K in KNINE but all attempts failed after @K9finance DAO multisig blacklisted their address. • Additional tokens impacted (LEASH, ROAR, TREAT, BAD, SHIFU) have not been moved or sold at this time. Immediate actions taken: • Paused stake/unstake functions to protect community assets. • Transferred stake manager funds from proxy contracts to a secure 6/9 hardware multisig. • Partnered with Hexens, Seal911, and PeckShield for a full forensic investigation. Next steps: • Secure validator key transfers and confirm full chain integrity. • Restore stake manager funds once security is assured. • Continue coordinating with partners to freeze attacker-linked funds • Publish a full incident report once investigations conclude. Our commitment: The #ShibArmy deserves clarity and accountability. This is a fast-moving investigation, and we are working around the clock with leading security partners. Please bear with us — verified updates will be shared as soon as possible. Attacker address: etherscan.io/address/0x999e…

While we can’t quickly get $BONE listed on CEXs or integrated with Shibarium to boost its chart performance, I believe the simplest and most effective steps right now are: 1. Open up validator node applications to some extent. 2. Our current BONE DAO reflects the community’s will. 3. If technically feasible, reduce cross-chain transaction times to under 1 minute. 4. Add more popular tokens, like PEPE and others, to the cross-chain token list. 5. Incorporate $BONE burns into gas fees. I’ve repeated these suggestions many times, and whether they’re adopted is up to @kaaldhairya. Otherwise, I’m out of ideas for more effective strategies. Of course, if a whale steps in to pump the price, that’s a different story—or we could just wait for altcoin season!

@Shibtoken , @ShytoshiKusama, @kaaldhairya, @woofswap Give #Bone its shine back! Make sure the liquidity of #Bone is used for its promotion and marketing, restore confidence in exchanges for the listing of #Bone, fight against the price manipulation of #Bone because without #Bone, #Shibarium will die. We ask, we believe, and we receive. #Bonebaby

If you want to support this proposal, lock some $BONE now to get veBONE. It is recommended to lock for more than 30 days! #BoneArmy #BONE #Shibarium

Advice to all #Shibarium devs: If you’re running a presale or IDO for a meme coin and miss the target, refund your community. But if you’re building real utility for #Shibarium, keep grinding, even if the funds fall short. The true mark of a great project? Making your holders proud and profitable. 🚀 #BONE #Shibarium #Shibarmy & #BoneArmy is love!❤️

Proposal: Reallocation of 19 Million BONE for Shibarium’s Growth and Governance A single address currently holds 19 million BONE, originally intended for validator node and voting rewards in Shibarium’s ecosystem. To optimize the use of these tokens and drive Shibarium’s long-term success, we propose a reallocation strategy that balances validator incentives, community rewards, and developer/marketing initiatives. This proposal, while initially suited for LEASH DAO, should be decided by BONE holders, as it directly impacts BONE’s role and Shibarium’s future. Proposed Allocation of 19 Million BONE 1. Validator and Voting Rewards (9 Million BONE) - Allocate 9 million BONE to fund validator node rewards and voting incentives. This amount is sufficient to sustain operations for an extended period. - Since validator node applications are not currently open, voting rewards can be reduced by 60–80%, At the same time, ensure network security. This adjustment maintains attractive, loss-free staking incentives for BONE holders while preserving token supply for other priorities. 2. Developer and Marketing Fund (10 Million BONE) - Dedicate 10 million BONE to a Shibarium developer support and marketing fund, managed by Shib DAO. - These funds will support innovative projects, enhance Shibarium’s infrastructure, and drive marketing campaigns to increase adoption and visibility. Security and Governance Measures - Multi-Signature Wallet Management: Given past incidents of multi-signature wallet breaches, include highly trusted individuals or community-elected validators to enhance security. - Community Oversight: Introduce a transparent process for fund allocation, with regular updates and community input to maintain trust and accountability. Rationale for BONE Holder Governance While this proposal could be initiated in LEASH DAO, the allocation of 19 million BONE significantly impacts BONE’s utility and Shibarium’s ecosystem. Therefore, BONE holders should have the authority to vote on this proposal through a decentralized governance process, ensuring alignment with the community’s vision for Shibarium’s growth. shib.io/shib-dao/propo…

Shibarium DAO Initial Proposals: @Bone_Shibarium 1. Strengthen ties between the BONE community and Shibarium core developers to explore technical feasibility of burning 30-50% of $BONE from each transaction fee on Shibarium. 2. Form a developer alliance with key builders like @WoofSwap, @ChewySwap, and others to launch a community-driven Bone Pump Fun platform on both Shibarium and Solana. Allocate 50% of profits to burn $BONE, 30% to buy back $BONE for a treasury, and 20% for platform maintenance. 3. Create a community-led official Shibarium meme coin, or choosing between DAMN or FEED. All BONE holders must promote this coin to every corner of the crypto space, driving hype and delivering wealth impact for all. #BONE #Shibarium #BoneArmy