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Arbitrum Secures $71 Million in Ether Tied 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 wallet. This move was made in response to the $292 million rsETH exploit that occurred on Saturday. The rsETH token, issued by KelpDAO, represents a user's stake in restaked ether. T…
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 Kelp DAO exploit funds has been immobilized. Arbitrum's Security Council has frozen approximately $71 million worth of ether, transferring 30,766 ETH to an intermediary 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 furthe…
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 Tied to Kelp DAO Exploit
A significant portion of the funds stolen from Kelp DAO is now frozen. On Monday night, Arbitrum's Security Council took action to secure 30,766 ETH, worth around $71 million, linked to the $292 million rsETH exploit that occurred on Saturday. This rsETH is a token representing restaked ether and was issued by KelpDAO. The Security Council, acting on information from law enforcement regarding 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.
Markets
Arbitrum Secures $71 Million in Ether Linked to Kelp DAO Breach
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 recent $292 million rsETH exploit into a secure intermediary wallet. This wallet can only be accessed through additional governance actions. The frozen funds are part of the rsETH, a liquid restaking token representing 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 funds stolen from Kelp DAO has been immobilized. Arbitrum's Security Council has frozen approximately $71 million worth of ether, valued at 30,766 ETH, which was linked to the $292 million rsETH exploit that occurred on Saturday. This action was taken on Monday night, with the funds being transferred to an intermediary wallet that can only be accessed through addition…
April 21, 2026, 5:55 a.m.
Markets
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 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.