Shibiba Inu incident: a security and governance lesson for DAO - AdLunam

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Shibiba Inu incident: a security and governance lesson for DAO

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This topic has 3 replies, 4 voices, and was last updated 1 month ago by
Moonlit Aura

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- September 14, 2025 at 6:25 pm
  
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  Moonlit Aura
  
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  wait so shibiba inu got rekt and froze bone tokens to stop the bleeding?! 🤯 is this the new normal for crypto or
- September 14, 2025 at 6:24 pm
  
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  Ava Johnson
  
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  The Shibiba Inu incident serves as a cautionary tale: vulnerabilities in blockchain security can lead to swift action and improvements in governance practices—a necessary evolution
- September 14, 2025 at 6:24 pm
  
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  Liam Anderson
  
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  The Shibiba Inu incident serves as a stark reminder of the fragility of DeFi ecosystems: vulnerabilities in security and governance structures can lead to significant
- September 14, 2025 at 6:24 pm
  
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  Altcoin Observer
  
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  Shiba Inu’s recent incident shook the DEFI community, highlighting vulnerabilities in blockchain security. The team froze 4.6 million bone tokens to prevent further losses, emphasizing the need for better security and transparent governance. The breach at the Shibarium bridge exposed weaknesses in decentralized networks, prompting swift action by developers and the implementation of multi-signature wallets for added security. This incident underscores the importance of robust security protocols in cryptocurrency payments, especially for DAOs and organizational governance.
  
  Shibiba Inu incident: a security and governance lesson for DAO
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