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 to North Korea’s Lazarus Group. Meanwhile, Aave paused markets to review up to $230 million in potential bad debt.
Source: https://coinpedia.org/crypto-live-news/arbitrum-freezes-30766-eth-after-kelpdao-breach/