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Arbitrum Secures $71 Million in Ether Linked to Kelp DAO Breach
A significant portion of the funds stolen from Kelp DAO has been immobilized. Arbitrum's Security Council took decisive action on Monday, freezing 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, which were linked to the breach, have been transferred to an intermedia…
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Seizes $71 Million in Ether Linked to Kelp DAO Breach
A significant 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 measures. The frozen funds are connected to the recent $292 million rsETH exploit. rsETH is a toke…
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 took swift action, freezing approximately $71 million worth of ether on Monday evening. The frozen funds, totaling 30,766 ETH, are connected to the $292 million rsETH exploit that occurred on Saturday. rsETH is a liquid restaking token representing a user's position in restaked ether. The Arbi…
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Seizes $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, totaling 30,766 ETH, which was linked to the $292 million rsETH exploit that occurred on Saturday. This frozen amount has been transferred to an intermediary wallet, which can only be accessed through additional Arbitrum governance measures. The rsETH t…
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 inaccessible. Arbitrum's Security Council has frozen approximately $71 million worth of ether, comprising 30,766 ETH, by transferring the funds linked to the $292 million rsETH exploit into an intermediary wallet. This wallet can only be accessed through additional Arbitrum governance actions. The frozen funds are associated with the recent KelpD…
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, 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 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 took decisive action on Monday, freezing approximately $71 million worth of ETH, valued at 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 Council, a…
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, securing approximately $71 million worth of ether by moving 30,766 ETH into a special wallet that can only be accessed through additional governance procedures. This action was taken in response to the $292 million rsETH exploit that occurred on Saturday. The rsETH token, issu…
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 wallet that can only be accessed through additional Arbitrum governance measures. The frozen funds are part of the rsETH, a liquid restaking token representing a user's position in…
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 took decisive action, freezing 30,766 ETH valued at roughly $71 million. This move transfers the compromised funds into an intermediary wallet, which can only be accessed through additional governance procedures. The action was taken in collaboration with law enf…
April 21, 2026, 5:55 a.m.