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Arbitrum Freezes 30,766 ETH After KelpDAO Breach

By Sohrab Khawas at 2026-05-10 02:16

Sentiment: Negative

The post Arbitrum Freezes 30,766 ETH After KelpDAO Breach appeared first on Coinpedia Fintech News The Arbitrum Security Council has frozen 30,766 ETH, worth about $71 million, linked to the KelpDAO exploit on Arbitrum One. The funds were moved to a secure wallet requiring governance approval for release, with no impact on other users. The April 18 attack drained $292 million in rsETH through a compromised LayerZero bridge, reportedly tied … Continue reading...

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