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Arbitrum Security Council Seizes $71 Million in Ether Linked to Kelp DAO Breach
A significant portion of the funds stolen from Kelp DAO is now frozen. On Monday night, Arbitrum's Security Council took decisive action, freezing 30,766 ETH, valued at roughly $71 million, connected to Saturday's $292 million rsETH exploit. The frozen funds were transferred to an intermediary wallet, accessible only through additional Arbitrum governance procedures. The rsETH token, issued by Ke…
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. Arbitrum's Security Council took swift action on Monday, freezing approximately $71 million worth of ETH, 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, linked to the exploit, have been transferred to an intermediary wallet that …
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 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 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 moving 30,766 ETH into an intermediary wallet. This wallet can only be accessed through additional governance measures. The frozen funds are linked to the $292 million rsETH exploit that occurred on Saturday. rsETH is a toke…
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Secures $71 Million in Ether Linked to Kelp DAO Security Breach
A significant portion of the Kelp DAO funds is now frozen. Arbitrum's Security Council took action on Monday night, securing approximately $71 million worth of ETH by transferring 30,766 ETH linked to Saturday's $292 million rsETH exploit into a holding wallet. This wallet can only be accessed through additional governance procedures. The frozen funds are part of the stolen rsETH, a liquid restak…
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 night, Arbitrum's Security Council froze approximately $71 million worth of ether, transferring 30,766 ETH linked to Saturday's $292 million rsETH exploit to an intermediary wallet. This wallet can only be accessed through additional Arbitrum governance actions. The rsETH token, issued by KelpDAO, represents a…
April 21, 2026, 5:55 a.m.
Markets
Arbitrum Secures $71 Million in Ether Linked to Kelp DAO Exploit
Following a significant exploit, a substantial portion of the stolen funds from the Kelp DAO incident have been frozen. Arbitrum's Security Council took swift action, moving approximately $71 million worth of ether (30,766 ETH) into a secure, intermediary wallet on Monday. This wallet can only be accessed through additional governance measures, effectively putting the funds on hold. The exploit i…
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 swift action on Monday, moving 30,766 ETH, worth roughly $71 million, into a secure intermediary wallet that can only be accessed through further governance decisions. This action was taken in response to the $292 million rsETH exploit that occurred on Saturday. rsETH is a token representing a …
April 21, 2026, 5:55 a.m.