K9 Finance Poses Risk of Terminating Collaboration with Shibarium
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 13 2025K9 Finance's Ultimatum: K9 Finance has demanded compensation for victims of a September 2025 bridge exploit, threatening to sever ties with Shibarium if not addressed by January 6, 2026.
Financial Impact: The exploit resulted in losses exceeding $700,000 in KNINE tokens, significantly affecting the prices of SHIB and other tokens, with SHIB's price dropping by 36%.
Operational Changes: The incident may lead to operational shifts within the Shibarium ecosystem, impacting governance and decentralized finance (DeFi) protocols.
Need for Enhanced Governance: The situation highlights vulnerabilities in decentralized finance systems, prompting discussions on the need for improved governance measures and potential regulatory impacts.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
