K9 Finance Considers Withdrawing Support for Shibarium
K9 Finance's Challenge to Shiba Inu: K9 Finance has set a deadline of January 6, 2026, for the Shiba Inu team to fully compensate victims of the September 2025 Shibarium bridge exploit, after which the platform may reconsider its partnership with the network.
Impact of the Exploit: The September incident resulted in K9 Finance losing over $700,000 in KNINE tokens and other cryptocurrencies, prompting the platform to seek restitution from the Shiba Inu team.
Communication Issues: K9 Finance has experienced a breakdown in communication with the Shiba Inu team, leading them to publicly address the situation after private discussions failed to yield results.
Future Operations Decision: If full compensation is not received by the deadline, K9 Finance's decentralized autonomous organization will hold a vote to determine whether to continue operations on Shibarium, potentially severing ties with the network.
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