Key Notes

Shibarium confirms plans to refund $4M exploit victims and restart its Ethereum bridge.

SHIB price trades in a narrowing symmetrical triangle, signaling a potential breakout soon.

RSI and MACD show neutral momentum, awaiting confirmation of direction.

Shiba Inu’s layer-2 network, Shibarium, has entered a crucial recovery phase following a $4 million exploit that forced an emergency shutdown last month.

While the development team races to restore operations and reimburse affected users, SHIB’s price continues to consolidate, down 23% in the past year.

Shibarium Prepares Refunds After $4 Million Exploit

The Shibarium developers confirmed Thursday that they are preparing to restart the Ethereum bridge and compensate victims of the recent security breach.

A detailed post-

See Full Page