Shoebill Announcement

Shoebill Finance Incident Report — BTC Market on BOB Chain

On Oct 31st, Shoebill Finance experienced a security incident affecting the BTC Market on the BOB chain.

Cause

The incident stemmed from an unexpected interaction within the oracle configuration during the integration of solvBTC and solvBTC.BBN assets. This interaction inadvertently created an exploitable condition that was leveraged by the attacker through a multi-stage exploit.

Actions Taken

- Vulnerability Fix: The vulnerability in the oracle configuration has been resolved to prevent further exploitation.
- Security Review: We conducted a thorough review of our systems and have verified that other markets remain unaffected by this issue.
- Engagement with on-chain security firms: We are actively working with Cryptoforensic and AMLBot to trace the movement of stolen assets across various chains and bridges.
- Law Enforcement: We have reported this incident to law enforcement agencies and are cooperating with them to facilitate any potential recovery of the stolen assets.

Next Steps

Shoebill Finance remains committed to transparency and security. We will continue to provide updates on this matter as we progress in our investigation and recovery efforts. Our top priority is ensuring the safety and trust of our community.

Please check more details here
https://medium.com/@shoebill.finance/shoebill-finance-incident-report-btc-market-on-bob-chain-8b5b487eed7c

❗️We have noticed a suspicious activity on BOB BTC market on Shoebill Finance

The BTC market is paused until further notice

🐦 Shoebill Finance soaring on Metis Ecosystem 🐦

In just 4 weeks, we've seen astounding growth on Shoebill Metis market with:
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🐦 Bybit Web3 x Shoebill Finance to launch B2 Network Carnival 🐦

We're excited to team up with the official Web3 user growth accelerator of the top-tier centralized exchange, Bybit, for an exclusive quest marathon on the B2 Network!

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Join BOB Stablecoin Carnival with Shoebill Finance

We are joining the BOB Stablecoin Carnival with Intract to incentivize users with more Spice!🔥

💡Campaign Details
Get 5,000 Spice (50 Intract XP) by lending any amount above 25$ stablecoins including USDC & USDT

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🐦 Shoebill Finance x Velix: Exclusive X Space AMA! 🐦

Excited to share that we are hosting our very first AMA with Velix to deep dive into its LSD on Metis

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⏰ 4:00 PM UTC, Aug 1st
📍 https://x.com/i/spaces/1mrGmMVZNrVGy
Hosted by AJ, CMO of Shoebill Finance

Guest
🗣 Thomy, PM Velix

Be sure to join us!

Boosted FUSE reward campaign supported by Fuse Network

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⏰Event ends on Aug 20th

Shoebill Finance FUSE market
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🐦 8th Round BOB Spice Point has been distributed! 🐦

Shoebill Finance has distributed Spice to the users!
Check your BOB Dashboard at https://app.gobob.xyz/fusion.

As the 1st dApp on the BOB dashboard, we will distribute as much Spice as possible to users!

For Supply/Borrow, Borrow has a 2x internal multiplier.
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Visit👇
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🐦 7th Round BOB Spice Point has been distributed! 🐦

Shoebill Finance has distributed Spice to the users!
Check your BOB Dashboard at https://app.gobob.xyz/fusion.

As the 1st dApp on the BOB dashboard, we will distribute as much Spice as possible to users!

For Supply/Borrow, Borrow has a 2x internal multiplier.
For Gas consumption, every gas fee paid on BOB Shoebill will be compensated in Spice based on the gas consumption amount!

Visit👇
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Stoked to announce new partnership with Gmeow😺

Gmeow is a native DEX and cool crypto cat community, offering a range of features designed to enhance the experience for both users and developers within the ecosystem

Buckle up, Shoebill on Zircuit soon🐦‍⬛️🐈‍⬛

🐦 6th Round BOB Spice Point has been distributed! 🐦

Shoebill Finance has distributed more Spice to users!
Check your BOB Dashboard at https://app.gobob.xyz/fusion.

As the 1st dApp on the BOB dashboard, we will distribute as much Spice as possible to users!

For Supply/Borrow, Borrow has a 2x internal multiplier.
For Gas consumption, every gas fee paid on BOB Shoebill will be compensated in Spice based on the gas consumption amount!

Visit👇
https://bob-eth.shoebill.finance/#/

🐦 Shoebill Finance is now LIVE on Core 🐦

We are thrilled to announce that Shoebill Finance is now officially integrated with Core🔥

Core is a Bitcoin-powered, EVM-compatible blockchain introducing the first-ever implementation of non-custodial BTC staking

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Core Shoebill Finance
https://core-core.shoebill.finance

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🐦 Boosted FUSE reward campaign supported by Fuse network 🐦

This time, we're firing up $FUSE 🔥

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Shoebill Finance FUSE market
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🐦 Max Supply Cap Increased for vMANTA 🐦

You asked for it and we delivered🦾

Shoebill Finance has just raised the max supply cap of $vMANTA powered by Bifrost from 100k to 500k

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METIS reward for SNS Galxe Campaign winners has been distributed!

🏆25 $METIS airdropped to SNS Galxe Campaign Winners

🎉Congratulations!
Please check your wallet