Arbitrum freezing $71M | TradeSphere
Cointelegraph on MSN: Arbitrum freezes $71M of Ether connected to Kelp exploit Yahoo Finance: Arbitrum Freezes $71M in ETH Linked to Kelp DAO Exploit Yahoo Finance: Arbitrum takes back $71m from Kelp DAO hacker: ‘We did not make this decision lightly’ Arbitrum takes back $71m from Kelp DAO hacker: ‘We did not make this decision lightly’ Arbitrum froze $71M worth of ETH, clawing back 25% of the losses from KelpDAO on its native chain. 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. Arbitrum Security Council Seizes $71M in ETH Following Kelp DAO Security Breach Crypto Briefing: KelpDAO hacker moves $175M after Arbitrum freezes $71M linked to $292M exploit KelpDAO hacker moves $175M after Arbitrum froze $71M linked to a $292M exploit.
Understanding the Context
Another $100M+ crypto hack by December 31 at 100% YES. KelpDAO hacker moves $175M after Arbitrum freezes $71M linked to $292M exploit Arbitrum Security Council freezes $71M in ETH from the Kelp DAO hack, handing final fund recovery decisions to ARB token holders. Ethereum layer-2 blockchain Arbitrum on Monday froze more than 30,000 Ether worth about $71.2 million held in a wallet connected to the recent exploit of the Kelp protocol. Arbitrum said on Monday ...
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Key Insights
The Arbitrum Security Council has frozen $71 million in ETH directly traceable to the Kelp DAO exploit, with the council’s published statement confirming that the frozen funds cannot be moved without ... Arbitrum froze 30,766 ETH tied to the Kelp DAO exploit, securing about $71 million hours after the attack escalated. The funds moved into a governance-controlle ... Arbitrum Security Council freezes funds stolen from Kelp DAO. not everyone says it was the right thing to do.
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The Kelp DAO hack has shaken the crypto industry.