Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Shibarium Reactivates BONE Plasma Bridge After $4.1 Million Exploit with Enhanced Security Measures

Shibarium Reactivates BONE Plasma Bridge After $4.1 Million Exploit with Enhanced Security Measures

CryptonewslandCryptonewsland2025/10/15 14:18
By:by Austin Mwendia
  • Shibarium Plasma Bridge for BONE is live again with stronger security features in place.
  • A new blacklist tool now blocks risky wallet addresses before they can cause harm to the network.
  • All BONE token withdrawals now have a seven-day delay to help stop fraud and protect user funds.

Shibarium has restored the Plasma Bridge for the BONE token, weeks after a flash loan attack disrupted the network. The hacking that occurred in September 2025 resulted in a loss of more than $4.1 million worth of crypto assets. Attackers used the Shibarium Bridge, which targeted Shibaswap and moved stolen money.

Shibarium’s Plasma bridge is officially back online with a security-first approach

A new 7-day withdrawal delay and a blacklist for suspicious addresses are now in place to better protect the community

Details here👇 https://t.co/CVlpQSuEVj pic.twitter.com/VEze6XzUG2

— The Shib (@TheShibmagazine) October 14, 2025

This reopening occurs after a complete security check and updating of the system to reinstate the bridge. The Shiba Inu development team stated that users can again transfer BONE between Ethereum and Shibarium.

New Security Features Introduced

The upgraded Plasma Bridge includes a blacklisting system that can flag and block suspicious wallet addresses. This update targets potential threats before they impact the network. The mechanism works directly at the bridge layer, increasing its ability to filter out high-risk activity.

This measure also helps in reducing abuse across the ecosystem. The feature allows for real-time responses by detecting suspicious behavior early. Developers believe this system will discourage similar attempts in the future.

Withdrawal Delay Added

In addition to the blacklist feature, the updated Plasma Bridge introduces a seven-day withdrawal delay for BONE transactions. This delay offers time for monitoring and investigating unusual activity. Security teams and validators can use the period to halt malicious actions.

The delay aligns with Plasma’s focus on fraud-resistance. It provides a window to act before finalizing a withdrawal. While it adds a buffer, it does not prevent users from accessing or initiating transfers.

This mechanism helps protect users while maintaining regular bridge functionality. It supports the project’s goal of preventing major disruptions, such as the one in September.

Background and Response

During the September attack, the network lost millions in assets. These were $1 million in Ether, $1.3 million in SHIB, and $717,000 in KNINE. The attacker was able to steal 4.6 million BONE tokens.

Developers quickly froze operations to contain the damage. Emergency actions prevented further exploitation. After this, a detailed review took place to identify vulnerabilities and prevent recurrence. Shibarium recently launched a $4 million refund plan after the major exploit and network shutdown.

The reactivation of the bridge follows these corrective measures. It includes both technological upgrades and process-level defenses. The Shibarium team focused on reinforcing weak points exposed during the breach. With these new systems in place, Shibarium aims to ensure a safer environment for token holders.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Sreeram Kannan: Building the Trust Layer for Ethereum

Despite the controversies, EigenLayer remains at the core of Ethereum's evolution.

Block unicorn2025/10/15 16:46
Sreeram Kannan: Building the Trust Layer for Ethereum

Bitcoin’s Stability Tested as Powell’s NABE Address Potentially Shakes Market: Will It Hold $108K-$110K?

Anticipated Market Fluctuations Amid Rate Cut Speculations and Bitcoin's Struggle to Maintain Key Support Levels

Coineagle2025/10/15 16:30
Bitcoin’s Stability Tested as Powell’s NABE Address Potentially Shakes Market: Will It Hold $108K-$110K?

SEC-Registered YLDS Token Launched by Figure on Sui Blockchain for Enhanced Yield Access

Introducing a New Security Token Offering SOFR Minus 35 Basis Points Yield, Backed by Treasury Securities and Facilitating Direct Fiat Transactions

Coineagle2025/10/15 16:30
SEC-Registered YLDS Token Launched by Figure on Sui Blockchain for Enhanced Yield Access

ODDO BHF, French Bank, Unveils New Stablecoin Backed by Euro

ODDO BHF Dives into Cryptocurrency with the Introduction of EUROD, a Stablecoin Pegged to the Euro

Coineagle2025/10/15 16:30
ODDO BHF, French Bank, Unveils New Stablecoin Backed by Euro