
UnchainedArbitrum’s Security Council executed an emergency freeze of 30,766 ETH, worth approximately $71 million, on April 20, moving funds tied to Saturday’s $292 million Kelp DAO exploit into an intermediary wallet that can only be accessed through further Arbitrum governance action. The transfer was completed at 11:26 p.m. ET, according…

CryptoTickerThe Arbitrum Security Council has taken an emergency action to intercept stolen digital assets traced to the recent KelpDAO exploit, freezing 30,766 ETH valued at approximately $71 million. The operation, carried out on April 20, 2026 at 11:26 PM ET, is intended to prevent the funds from being laundered or…

BitcoinHours after the Arbitrum Security Council froze 30,766 ether tied to the KelpDAO exploit, the attacker moved all 75,701 ETH, roughly $175 million, to the Ethereum mainnet and began bridging the funds to bitcoin. Key Takeaways: - After Arbitrum froze 30,766 ETH ($71M), the KelpDAO exploiter moved 75,701 ETH ($175M)…

CoinpaperLayerZero said the attack involved compromised RPC nodes and criticized Kelp DAO’s 1-of-1 DVN setup as a single point of failure. Kelp responded that the configuration was LayerZero’s documented default and had previously been confirmed as appropriate. Background: $292 million exploit and rsETH losses Kelp DAO responded to criticism following…

TokenpostArbitrum’s 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 followed a $292 million breach over the weekend, in which attackers exploited vulnerabilities in Kelp’s LayerZero-powered bridge infrastructure. What was frozen…

Crypto newsArbitrum has moved to freeze a large portion of funds tied to the Kelp DAO exploit as the fallout from a cross-chain breach continues to unfold. Arbitrum freezes funds linked to the attacker In a Tuesday update, Arbitrum said its Security Council seized 30,766 ETH from an address linked to…

BenzingaGrok, the AI chatbot, declined to provide an exact estimate of what Bitcoin’s price would be without Michael Saylor’s cryptocurrency treasury firm, Strategy, but said the absence of Strategy’s “consistent bid” would likely leave BTC trading about $10,000–$20,000 lower, based on “volume and whale-effect analyses.” Narrative of institutional adoption Grok…

Crypto BriefingKelp DAO has attributed the $292 million rsETH exploit to an infrastructure breach at LayerZero Labs. In a related market poll, “Another crypto hack over $100m by December 31?” is trading at 100.0% YES, with the hack linked to North Korea’s Lazarus Group. What happened The exploit took place on…