Shibburn reports a significant increase in the weekly burn rate of Shiba Inu (SHIB) tokens, with 4,057,686 SHIB burned, marking a 138.57% rise. Despite this, the daily burn rate has plummeted by 89.01%, with only 117,566 SHIB burned in the last 24 hours. SHIB is currently priced at $0.0000129, with a market cap of $7.6 billion. Meanwhile, the Shiba Inu community is grappling with a bridge exploit on Shibarium, resulting in the theft of 17 different tokens, including $1 million in ETH and $1.3 million in SHIB. The breach is believed to have been caused by a leaked internal validator key. In response, the Shiba Inu team has announced a 50 ETH bounty for the recovery of the stolen assets.