Arbitrum Freezes $71M news today | TradeSphere
Arbitrum Security Council freezes $71M in ETH from the Kelp DAO hack, handing final fund recovery decisions to ARB token holders. Yahoo Finance: Arbitrum Freezes $71M in ETH Linked to Kelp DAO Exploit Cointelegraph on MSN: Arbitrum freezes $71M of Ether connected to Kelp exploit Invezz on MSN: Arbitrum freezes $71M ETH in Kelp DAO hack as DeFi fallout grows Arbitrum freezes $71M ETH in Kelp DAO hack as DeFi fallout grows Crypto Briefing: KelpDAO hacker moves $175M after Arbitrum freezes $71M linked to $292M exploit KelpDAO hacker moves $175M after Arbitrum freezes $71M linked to $292M exploit CoinDesk: Arbitrum freezes $71 million in ether tied to Kelp DAO exploit Yahoo Finance: Arbitrum takes back $71m from Kelp DAO hacker: ‘We did not make this decision lightly’ Arbitrum Security Council freezes funds stolen from Kelp DAO. not everyone says it was the right thing to do.
Understanding the Context
The Kelp DAO hack has shaken the crypto industry. Arbitrum takes back $71m from Kelp DAO hacker: ‘We did not make this decision lightly’ KelpDAO hacker moves $175M after Arbitrum froze $71M linked to a $292M exploit. Another $100M+ crypto hack by December 31 at 100% YES. Blockonomi: Arbitrum Security Council Seizes $71M in ETH Following Kelp DAO Security Breach Arbitrum's Security Council froze $71M in ETH connected to the Kelp DAO exploit, securing about 25% of the $292M stolen in the Saturday attack.
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Key Insights
Arbitrum Security Council Seizes $71M in ETH Following Kelp DAO Security Breach Arbitrum froze $71M worth of ETH, clawing back 25% of the losses from KelpDAO on its native chain. Decrypt: Arbitrum Security Council Freezes $71.5M in Ethereum Linked to $292M KelpDAO Exploit Arbitrum Security Council Freezes $71.5M in Ethereum Linked to $292M KelpDAO Exploit Crypto Briefing: Arbitrum freezes 30,766 ETH in emergency response to KelpDAO exploit CoinJournal: Arbitrum freezes 30K ETH in KelpDAO hack as attacker routes funds to Bitcoin