Cryptocoins News / Blockchain - 3 days ago
A federal judge allows Arbitrum DAO to transfer $71M in frozen ETH tied to a North Korea-linked hack to Aave, advancing DeFi recovery efforts. (Read More)
Cryptocoins News / The Cointelegraph - 3 days ago
A Manhattan judge modified a restraining notice to let Arbitrum DAO move $71 million in frozen Ether to Aave, while preserving terrorism victims’ legal claim on the funds.A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in froze...
Cryptocoins News / The Cointelegraph - 3 days ago
A Manhattan judge modified a restraining notice to let Arbitrum DAO move $71 million in frozen Ether to Aave, while preserving terrorism victims’ legal claim on the funds.A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in froze...
More / Etherum Reddit - 3 days ago
Hey everyone, I'm building Sigui, a DePIN security oracle for AI agents. Today I hit a milestone I'm proud of: Dataset: https://huggingface.co/datasets/Ibonon/sigui-depin-1m What's in it: 1,000,000 visual transaction graph images generat...
Cryptocoins News / The Cointelegraph - 5 days ago
The Snapshot vote would move the recovery effort toward a binding onchain Arbitrum governance proposal.A joint proposal to release the roughly $71 million in Ether frozen after the Kelp DAO exploit is set to pass later on Thursday, moving a cross-pro...
Cryptocoins News / Blockchain - 5 days ago
With 90% approval, Arbitrum moves closer to releasing $71M in frozen ETH tied to the Kelp DAO exploit, pending final on-chain governance. (Read More)
Cryptocoins News / The Cointelegraph - 5 days ago
Galaxy Digital’s Thaddeus Pinakiewicz noted that Aave is now only 10% short of recovering from the bad debt that hit its lending protocol after the Kelp DAO hack.Aave Labs has liquidated the Kelp DAO attacker’s remaining rsETH positions on Ethereum a...
Cryptocoins News / The Cointelegraph - 2 weeks ago
More than $21 million in contributions has been made to the "DeFi United" relief effort so far, with another $215 million to be potentially allocated if certain governance proposals succeed.Aave Labs has proposed that the decentralized autonomous org...
Cryptocoins News / Blockchain - 2 weeks ago
Aave urges Arbitrum to unfreeze $73M in stolen ETH, aiming to restore rsETH backing after the $292M Kelp DAO hack. (Read More)
Bitcoin News / Bitcoin.com - 2 weeks ago
A coalition of five DeFi protocols filed a Constitutional AIP on the Arbitrum governance forum on April 25, asking the Arbitrum DAO to release 30,765.67 ETH frozen after the April 18 KelpDAO exploit. Key Takeaways: Aave Labs, KelpDAO, and three other...
Bitcoin News / Bitcoinist - 2 weeks ago
Nine out of 12 council members voted yes. That detail alone tells you how divided — and how serious — the conversation inside Arbitrum’s security council got before the blockchain took its most dramatic action in recent memory.
A Council Under...
by COINS NEWS - 3 weeks ago
So Arbitrum just froze ~$71M worth of ETH in response to a hack. On the surface, I get it, nobody likes hackers walking away with stolen funds. But this raises a much bigger issue that people here shouldn’t ignore. Zoom out for a second. Crypto didn’...
Cryptocoins News / CoinJournal - 3 weeks ago
Arbitrum froze 30,766 ETH before it could be bridged out.
Attacker moved 75,701 ETH and began routing funds to Bitcoin.
Over $176 million is being laundered through multiple parallel flows.
Arbitrum has frozen a significant portion of funds linked...
Bitcoin News / Bitcoin.com - 3 weeks ago
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 mainnet. Key Takeaways: Arbitrum’s Security Council fr...
Cryptocoins News / The Cointelegraph - 3 weeks ago
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."Ethereum layer-2 blockchain Arbitrum on Monday froze more than 30,000 Ether worth about $71.2 million...
Cryptocoins News / Blockchain - 3 weeks ago
Arbitrum's security council froze 30,766 ETH connected to the $293M Kelp exploit, sparking debate over Layer 2 decentralization and governance powers. (Read More)
Bitcoin News / Bitcoin.com - 3 weeks ago
An incident report published by Llamarisk to the Aave forum explains that a bridge exploit targeting KelpDAO’s Layerzero V2 rsETH route on Saturday allowed an attacker to extract 116,500 rsETH from Ethereum’s OFT adapter without burning any tokens on...
Cryptocoins News / Blockchain - 4 weeks ago
ARB has surged 26% from recent lows to $0.113, with momentum indicators signaling continuation toward the $0.12 resistance level within two weeks. (Read More)