Shiba Inu’s latest Shibarium bridge update centers on restitution and clarity. Kaal Dhairya confirms that the K9 DAO 5 ETH bounty has expired, and that a larger final bounty will be offered conditionally for the complete return of KNINE tokens. The team also signals a forthcoming repayment plan for affected users while publishing a clear guide for bridging BONE from Ethereum into Shibarium.
In Brief
Kaal’s blog confirms that the original K9 DAO 5 ETH bounty has closed. The attacker converted and sold approximately $600 worth of OSCAR tokens and did not accept the 5 ETH recovery offer for KNINE. KNINE tokens in attacker-controlled wallets remain blacklisted and cannot be used.
To recover value for the community, Shibarium will offer a final bounty, amount to be determined, on the condition that all KNINE taken in the incident are returned in full. Partial returns will not meet the criteria. The final terms will include the return address, verification steps, and payout method, and these terms will be published only through verified Shibarium channels.
All steps tied to the bounty will be coordinated with legal counsel and relevant authorities to ensure compliance and to protect users. The team is explicit about communication channels. Bounty details will not be negotiated in direct messages. Any messages that claim to represent the bounty in private channels should be treated as scams. Only the official Shibarium accounts will post authoritative updates.
Kaal also confirmed that a user repayment framework is under development. At the moment the plan is a work in progress and no operational details have been released. The blog makes clear the team’s priorities for that plan: fairness, transparency, and verifiability.
Publishing the plan too early could create security or execution risks. For that reason, the team is finishing the framework offline and will share verified details when they can do so safely. This announcement serves as a milestone. It signals intent to address losses and provides a public timeline marker without promising immediate payouts.
For affected users, the confirmation should be read as a step toward resolution rather than a timeline. The team’s message emphasizes careful design over speed. Expect formal instructions and eligibility criteria on official channels when the plan is ready.
With the Plasma Bridge reactivated, BONE transfers are possible in both directions. The following steps reflect the updated process and the bridge’s current safeguards.
The process now includes a seven day delay before withdrawal finalization. That delay provides an observation window for validators and security teams. It is part of the defensive measures that accompanied the bridge relaunch.
Security reminders: never disclose seed phrases or private keys. Confirm all instructions against official announcements. Ignore unsolicited messages about the bounty or repayment process.
The combined announcements aim to restore confidence through accountability. The conditional KNINE bounty offers a path to recover value if the attacker returns all tokens. The repayment plan, once published, will provide additional relief to affected users. The updated bridging steps make movement of BONE clearer and more transparent.
These are not symbolic actions. They are procedural responses with specific thresholds, verifications, and channel rules. The team is choosing methodical execution over rapid public iteration.
