Arbitrum · ARBUSD Daily Market Briefing

Bearish

Arbitrum freezes $71.2M ETH linked to Kelp Protocol hack

Arbitrum's security council has frozen 30,766 ETH, approximately $71.2 million, traced to an address associated with the recent Kelp Protocol exploit. This action follows the Kelp Protocol's hack, where attackers drained at least $293 million. The frozen funds are now inaccessible to the original wallet holder.

Key points

  • Arbitrum freezes $71.2M ETH linked to Kelp Protocol hack

Sources

AI-generated from public news sources. Not financial advice.

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