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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 frozen. Arbitrum's Security Council took swift action, moving 30,766 ETH, worth around $71 million, into a secure wallet on Monday night. This action was taken in response to the $292 million rsETH exploit that occurred on Saturday. The frozen funds are linked to the exploit and are now inaccessible without further governance interven…
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. Arbitrum's Security Council took swift action on Monday, locking down approximately $71 million worth of ether, which is roughly 30,766 ETH. This move was made in response to the $292 million rsETH exploit that occurred on Saturday. The frozen funds, now held in an intermediary wallet, can only be accessed through additional g…
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Secures $71 Million in Ether Linked to Kelp DAO Exploit
Following the recent Kelp DAO exploit, Arbitrum's Security Council has successfully frozen a significant portion of the stolen funds. On Monday night, the council secured 30,766 ETH, valued at approximately $71 million, by moving it to an intermediary wallet that can only be accessed through additional governance measures. This decisive action was taken in response to the $292 million rsETH explo…
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Secures $71 Million in Ether Linked to Kelp DAO Exploit
The Kelp DAO exploit has resulted in a significant portion of stolen funds being frozen. On Monday night, Arbitrum's Security Council took action to freeze approximately $71 million worth of ether, specifically 30,766 ETH, by moving the funds to an intermediary wallet that can only be accessed through additional governance measures. This action was taken in response to the $292 million rsETH expl…
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Secures $71 Million in Ether Linked to Kelp DAO Breach
A significant portion of the Kelp DAO stolen funds has been immobilized. Arbitrum's Security Council has frozen approximately $71 million worth of ether, totaling 30,766 ETH, which was linked to the $292 million rsETH exploit that occurred on Saturday. This action was taken on Monday night, transferring the compromised funds to an intermediary wallet that can only be accessed through additional g…
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 has been put on hold. On Monday evening, Arbitrum's Security Council took action to freeze approximately $71 million worth of ether, totaling 30,766 ETH, which was linked to the $292 million rsETH exploit that occurred on Saturday. This liquid restaking token, issued by KelpDAO, represents a user's stake in restaked ether. The Security Counc…
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 Linked to Kelp DAO Exploit
A significant portion of the stolen Kelp DAO funds has been immobilized. Arbitrum's Security Council took action on Monday, freezing approximately $71 million worth of ETH, or 30,766 units, by relocating the funds to an intermediary wallet that requires additional governance approval for access. The frozen funds are connected to the $292 million rsETH exploit that occurred on Saturday. rsETH is a…
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 Linked to Kelp DAO Exploit
A significant portion of the Kelp DAO funds is now frozen. Arbitrum's Security Council has taken action to secure 30,766 ETH, valued at approximately $71 million, by moving the funds linked to the $292 million rsETH exploit into a restricted intermediary wallet. This wallet can only be accessed through additional Arbitrum governance measures. The rsETH token, issued by KelpDAO, represents a user'…
April 21, 2026, 5:55 a.m.