CRYPTO:ARBUSD

Arbit / Us Dollar Cryptocurrency News

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At Close: Jun 03, 2026
The Arbitrum Security Council has frozen 30,766 ETH tied to the KelpDAO hack, sparking a fierce debate over decentralization and emergency powers in DeFi.
Arbitrum has moved quickly to contain fallout from the KelpDAO exploit, freezing over 30,766 ETH, but the real story is unfolding in the market reaction. Instead of breaking lower, ARB price is holdin
Arbitrum's emergency response to the KelpDAO exploit has sparked praise and criticism over the network's ability to freeze stolen assets.
The KelpDAO exploiter moved 75,700 ETH (approximately $175 million) across two new wallet addresses on April 21, 2026. This happened just hours after Arbitrum's Security Council announced that froze 3
The incident highlights ongoing vulnerabilities in DeFi platforms, suggesting a need for enhanced security measures to prevent future exploits. KelpDAO hacker moves $175M after Arbitrum freezes $71M l
The Arbitrum Security Council froze 30,766 ether held by the KelpDAO exploiter on Arbitrum One, moving the funds to a protocol-controlled address before they could be bridged back to the Ethereum main
Arbitrum froze $71M worth of ETH, clawing back 25% of the losses from KelpDAO on its native chain.
Arbitrum moves exploiter funds to a frozen wallet after coordinating with law enforcement agencies.
In an unprecedented emergency response late Monday evening, Arbitrum's Security Council executed a freeze on 30,766 ETH valued at roughly $71 million that was traced to the Kelp DAO security breach. T
Arbitrums Security Council has frozen 30,766 ETH, valued at approximately $71 million, in response to the recent Kelp DAO exploit involving its liquid restaking token, rsETH. The emergency action foll
Arbitrum has moved to lock down a large portion of funds tied to the Kelp DAO exploit, stepping in as the fallout from the cross-chain breach continues to spread.
Griff Green, a member of Arbitrum's security council, said the group acted with input from law enforcement and “did not make this decision lightly."
The layer-2 network's security council moved 30,766 ETH to a frozen intermediary wallet, accessible only via further governance action.
Arbitrum's security council froze 30,766 ETH connected to the $293M Kelp exploit, sparking debate over Layer 2 decentralization and governance powers.
Arbitrum isolates hacker-linked ETH in a controlled wallet as response efforts take shape.
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