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Arbitrum Security Council Freezes 30,766 ETH Linked to KelpDAO Exploit
By Rizwan Ansari at 2026-05-10 00:35
Sentiment: Negative
The post Arbitrum Security Council Freezes 30,766 ETH Linked to KelpDAO Exploit appeared first on Coinpedia Fintech News The Arbitrum Security Council has taken emergency action to freeze 30,766 ETH (worth $70 million) connected to the KelpDAO exploit. The action was taken to block attacker access and protect user funds, but it has also raised concerns over decentralization in crypto systems. Arbitrum Freezes 30,766 ETH After KelpDAO Exploit Today on X, the Arbitrum … Continue reading...
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