The post Arbitrum Freezes 30,766 ETH After KelpDAO Breach appeared first on Coinpedia Fintech News
In response to the recent KelpDAO breach, the Arbitrum Security Council acted quickly to freeze 30,766 ETH linked to a wallet on the Arbitrum One network tied to the exploit. After identifying the compromised address, the council deployed a precise technical solution to secure the funds, ensuring the intervention did not disrupt normal chain operations or affect other users’ assets. This emergency action was designed to contain the incident’s impact, protect the broader ecosystem, and support ongoing investigations into the exploit.