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Arbitrum Secures $71 Million in Ether Tied to Kelp DAO Exploit
A significant portion of the funds stolen from Kelp DAO is now frozen. Arbitrum's Security Council took swift action on Monday, securing approximately $71 million worth of ether by transferring 30,766 ETH into a special intermediary wallet. This wallet can only be accessed through further governance decisions, effectively safeguarding the funds. The action was taken in response to Saturday's $292…
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Secures $71 Million in Ether Linked to Kelp DAO Exploit
A significant portion of the funds stolen from Kelp DAO is now frozen. Arbitrum's Security Council took action on Monday, moving 30,766 ETH, worth around $71 million, into a secure wallet that requires additional governance approval to access. This action follows the $292 million rsETH exploit that occurred on Saturday. The frozen funds are part of the stolen rsETH, a liquid restaking token repre…
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Secures $71 Million in Ether Tied to Kelp DAO Exploit
A significant portion of the funds stolen from Kelp DAO is now frozen. Arbitrum's Security Council took decisive action on Monday, locking down approximately $71 million worth of ether. This move follows the $292 million rsETH exploit that occurred on Saturday. The frozen funds, totaling 30,766 ETH, have been transferred to an intermediary wallet, which can only be accessed through additional gov…
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Security Council Freezes $71 Million in Ether Linked to Kelp DAO Exploit
Following the significant Kelp DAO exploit, a substantial portion of the stolen funds has been immobilized. On Monday, Arbitrum's Security Council successfully froze roughly $71 million worth of ether, transferring 30,766 ETH into a specially designated wallet that can only be accessed through additional governance procedures. This action was taken in response to the $292 million rsETH exploit th…
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Seizes Control of $71 Million in Ether Linked to Kelp DAO Exploit
A significant portion of the Kelp DAO exploit funds has been immobilized. On Monday evening, Arbitrum's Security Council froze approximately $71 million worth of ether, comprising 30,766 ETH, by transferring the funds to an intermediary wallet that can only be accessed through additional Arbitrum governance measures. This action was taken in response to Saturday's $292 million rsETH exploit. The …
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Secures $71 Million in Ether Tied to Kelp DAO Exploit
A significant portion of the Kelp DAO funds is now frozen. Arbitrum's Security Council took action on Monday, securing approximately $71 million worth of ether by transferring 30,766 ETH into a protected wallet. This wallet can only be accessed through additional governance procedures. The frozen funds are linked to the $292 million rsETH exploit that occurred on Saturday. rsETH is a liquid resta…
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Secures $71 Million in Ether Tied to Kelp DAO Exploit
A significant portion of the Kelp DAO funds is now frozen. Arbitrum's Security Council took emergency action on Monday, securing approximately $71 million worth of ETH by moving 30,766 ETH into an intermediary wallet. This wallet can only be accessed through further Arbitrum governance actions, effectively safeguarding the funds. The action was taken in response to the $292 million rsETH exploit …
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Security Council Freezes $71 Million in Ether Linked to Kelp DAO Breach
A significant portion of the funds stolen from Kelp DAO has been immobilized. On Monday, Arbitrum's Security Council took swift action, freezing approximately $71 million worth of ether (30,766 ETH) linked to Saturday's massive $292 million rsETH exploit. This move transferred the compromised funds to an intermediary wallet, which can only be accessed via additional Arbitrum governance procedures…
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Secures $71 Million in Ether Linked to Kelp DAO Exploit
A significant portion of the funds stolen from Kelp DAO is now inaccessible. Arbitrum's Security Council has frozen approximately $71 million worth of ether, equivalent to 30,766 ETH, which was linked to the $292 million rsETH exploit that occurred on Saturday. This action was taken in collaboration with law enforcement, who provided insight into the exploiter's identity. The frozen funds, now he…
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Secures $71 Million in Ether Tied to Kelp DAO Exploit
Following the significant Kelp DAO exploit, a substantial portion of the stolen funds has been secured. Arbitrum's Security Council has taken decisive action, freezing approximately $71 million worth of ether, or 30,766 ETH, which was linked to the exploit. This move transfers the funds to an intermediary wallet that can only be accessed through additional governance procedures. The action was ta…
April 21, 2026, 5:55 a.m.