Arbitrum DAO Unfreezes $71M ETH to Contain Kelp DAO Exploit Fallout

The Arbitrum DAO has voted to unfreeze $71 million in Ethereum (ETH) in a strategic move to address the fallout from the recent Kelp DAO exploit. This decision directly aims to contain the broader impact of the $290 million hack that affected Kelp DAO. The action is intended to stabilize the situation and mitigate further consequences within the ecosystem.

Detected & updated continuously · Source: Ruma

Mentioned

Kelp DAO (kelp)@arbitrum