Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
50 ETH or Nothing, Shibarium Hacker Rejects Bounty Offer

50 ETH or Nothing, Shibarium Hacker Rejects Bounty Offer

CoinspeakerCoinspeaker2025/11/19 16:00
By:By Godfrey Benjamin Editor Hamza Tariq

Shibarium hacker has requested that the platform pay 50 ETH, worth approximately $150,000, as a bounty reward.

Key Notes

  • Shibarium hacker is asking for “50 ETH or nothing” as a bounty offer.
  • Shibarium Network noted that this shows that the hacker is out to harm the protocol.
  • In September, the hacker began moving the siphoned funds.

The hacker behind the exploit on Shibarium, the Layer-2 scaling solution of Shiba Inu SHIB $0.000009 24h volatility: 1.6% Market cap: $5.17 B Vol. 24h: $182.12 M , has demanded a bounty reward of 50 Ethereum ETH $2 995 24h volatility: 1.9% Market cap: $361.05 B Vol. 24h: $38.27 B .

Based on ETH’s current market price, the hacker’s request is worth over $150,000. In an update on X, Shibarium Network noted that the earlier bounty offer of 25 ETH “is now decaying every day until the end of the claim period arrives.”

Shibarium Hacker Negotiates Bounty Offer

According to Shibarium Network, the hacker behind the platform’s exploit has refused to take anything less than 50 ETH as a bounty.

UPDATE: This bounty is now decaying every day until the end of claim period arrives.

The hacker has already replied once again saying "50eth or nothing" so we can assume this person has a very smooth brain and only wants to see K9 Finance DAO, and by extension, all of Shibarium…

— Shibarium Network (@ShibariumNet) November 19, 2025

The protocol believes that the bad actor is out to cause harm to the ecosystem and its associated projects. Unfortunately, many projects like Roaring Kitty, Bad Idea Ai, and LTD have been affected by the attack.

“Every team that worked hard to build on Shibarium that was impacted by this event deserves a positive outcome here in the end, and we had hoped this would be one we could all share,” Shibarium Network shared in a recent post on X.

The team has made multiple offers to the hacker, including a “final offer” of 25 ETH. MRShimamoto on X believed the exploit perpetrator would accept it, but the latest request from the Shibarium hacker suggests otherwise.

🚨Breaking News🚨

25 ETH bounty for Shibarium Bridge Hacker – final offer.

I don't think they deserve it. Let's see if they foolishly miss their last chance to profit from K9…. ⏳💸 #ShibArmy please spread the news!

— Shima (@MRShimamoto) November 8, 2025

Shibarium Hacker Offloads Loot

The attack on the Shibarium bridge happened back in September, with security firm PerkShield first spotting suspicious activity.

Upon investigation, it was discovered that the attacker leveraged a flash loan to acquire the 4.6 million BONE, but Shiba Inu immediately froze the tokens .

The Shibarium team offered the attacker a Whitehat bounty reward and even promised to leave out legal charges if they returned the funds before a stipulated time.

Instead of returning the funds, the hacker offloaded the siphoned funds , as spotted by Christopher Johnson, President of Lightspeed Crypto Services and advisor to the Bad Idea AI (BAD) project.

Since then, there have been several back-and-forths, and it remains unclear whether Shibarium will meet the hacker’s latest demands.

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

TNSR Jumps 80% Despite Crypto Slump, Sparking Concerns Over Centralization

- TNSR surged 80% in 24 hours amid broader crypto market declines, driven by Tensor Foundation's acquisition of its NFT marketplace and token supply adjustments. - The deal included burning 21.6% unvested tokens, relocking founders' tokens, and centralizing 100% marketplace fees to boost treasury and governance alignment. - Analysts highlight mixed reactions: while structural changes boosted investor confidence, low NFT trading volume and governance centralization raise sustainability concerns. - TNSR's 40

Bitget-RWA2025/11/23 13:52
TNSR Jumps 80% Despite Crypto Slump, Sparking Concerns Over Centralization

Bitcoin Updates: Crypto Market Swings Intensify Amid Whale Sell-Offs, Quantum Security Concerns, and Growing ETF Presence

- Bitcoin whale Owen Gunden liquidated his 14-year 11,000 BTC portfolio ($1.3B) in tranches to avoid market slippage, signaling bearish sentiment amid crypto's volatile weekend. - 21Shares launched the 2X Long Dogecoin ETF (TXXD) on Nasdaq, marking institutional adoption of meme coins despite DOGE's 19% 30-day price drop. - Quantum computing risks resurfaced after Ray Dalio's comments, sparking debate over SHA-256 vulnerabilities and exacerbating retail investor panic. - Peter Schiff challenged MicroStrate

Bitget-RWA2025/11/23 13:52
Bitcoin Updates: Crypto Market Swings Intensify Amid Whale Sell-Offs, Quantum Security Concerns, and Growing ETF Presence

Apeing's Organized Presale Poses Competition to Pepe, While Bonk Thrives Through Natural Expansion

- Apeing ($APEING) emerges as a top 2025 meme coin contender with a $0.0001 presale offering and projected 10,000% ROI if reaching $0.001 listing price. - Unlike Pepe (PEPE) and Bonk (BONK), Apeing's structured whitelist creates scarcity-driven demand through phased allocations and clear roadmap. - Analysts highlight Apeing's strategic advantage over Pepe's viral growth and Bonk's technical challenges amid volatile crypto markets and Bitcoin ETF outflows. - The project's email-verification whitelist model

Bitget-RWA2025/11/23 13:52
Apeing's Organized Presale Poses Competition to Pepe, While Bonk Thrives Through Natural Expansion

Investors Acquire Mutuum Tokens Ahead of 20% Price Increase in Upcoming Phase

- Mutuum Finance's Phase 6 presale is 90% sold out, raising $18.9M with 18,200+ holders, showing strong investor confidence. - The platform offers non-custodial lending/borrowing via mtTokens, with a planned Sepolia testnet launch in Q4 2025. - Halborn Security audits smart contracts, while tokenomics allocate 45.5% to presale, with 1.82B tokens sold. - Next phase's 20% price hike to $0.042 and card payment support drive early participation amid crypto volatility.

Bitget-RWA2025/11/23 13:16
Investors Acquire Mutuum Tokens Ahead of 20% Price Increase in Upcoming Phase