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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 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. Arbitrum's Security Council has successfully frozen roughly $71 million worth of ether, equivalent to 30,766 ETH, by relocating the funds to an intermediary wallet. This wallet can only be accessed through additional governance actions, thereby preventing the exploiter from utilizing the st…
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.
Markets
Arbitrum Security Council Freezes $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 took swift action, freezing approximately $71 million worth of ether on Monday evening. This move was made in response to the $292 million rsETH exploit that occurred on Saturday. The frozen funds, totaling 30,766 ETH, are now held in an intermediary wallet that can only be accessed through ad…
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Secures $71 Million in Ether Following Kelp DAO Exploit
A substantial portion of the funds stolen from Kelp DAO 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 restricted intermediary wallet. This wallet can only be accessed through additional governance procedures. The frozen funds are part of the $292 million stolen in the rsETH exploit that occurre…
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 swift action on Monday, locking down approximately $71 million worth of ether. This move comes after the recent $292 million rsETH exploit, which saw the theft of funds linked to KelpDAO's liquid restaking token. The council, acting on information from law enforcement regarding the exploiter's …
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Secures $71 Million in Ether Linked to Kelp DAO Exploit
A significant portion of the Kelp DAO exploit funds has been immobilized. Arbitrum's Security Council froze approximately $71 million worth of ether on Monday, relocating 30,766 ETH tied to Saturday's exploit into a secure intermediary wallet. This wallet can only be accessed through additional Arbitrum governance measures. The frozen funds represent about a quarter of the total amount stolen fro…
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 Security Council Freezes $71 Million in Ether Linked to Kelp DAO Exploit
A significant portion of the funds stolen from Kelp DAO is now frozen. The Arbitrum Security Council took decisive action on Monday, relocating 30,766 ETH, worth around $71 million, to a secure wallet that can only be accessed through further governance action. This move comes after the recent $292 million rsETH exploit, where rsETH, a liquid restaking token representing a user's position in rest…
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Secures $71 Million in Ether Linked to Kelp DAO Exploit
A significant portion of the Kelp DAO funds is now inaccessible. Arbitrum's Security Council has frozen approximately $71 million worth of ether, moving 30,766 ETH linked to the $292 million rsETH exploit into a secure intermediary wallet. This wallet can only be accessed through additional Arbitrum governance measures. The frozen funds are part of the $292 million stolen from Kelp DAO's liquid r…
April 21, 2026, 5:55 a.m.