Court lets Arbitrum DAO to transfer $71M in ETH tied to North Korea hack to Aave
A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path for the DeFi protocol’s recovery...
Tag : Arbitrum
Arbitrum DAO Votes to Unlock $70 Million for Kelp DAO Exploit Relief
In brief Arbitrum DAO has voted in favor of releasing 30,765.67 ETH to a recovery address controlled by Aave, KelpDAO, EtherFi, and Certora. A U.S....
Arbitrum vote to release $71M in frozen Kelp exploit ETH set to pass
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...
Aave liquidates Kelp DAO hacker's rsETH positions on Ethereum, Arbitrum
Aave Labs has liquidated the Kelp DAO attacker’s remaining rsETH positions on Ethereum and Arbitrum, moving one step closer to fully restoring rsETH backing and...
Aave asks Arbitrum to send 30K ETH from Kelp exploiter to ‘DeFi United’
Aave Labs has proposed that the decentralized autonomous organization behind Arbitrum unfreeze $73.5 million in Ether tied to the Kelp DAO attack and to direct...
David Schwartz defends Arbitrum freeze by citing Bitcoin’s 2010 rollback
Ripple CTO David Schwartz has defended Arbitrum’s decision to freeze more than 30,000 ETH linked to the recent KelpDAO exploit. Summary David Schwartz said Arbitrum’s...
Arbitrum Security Council Freezes $71.5M in Ethereum linked to $292M KelpDAO Exploit
In brief The Arbitrum Security Council has frozen 30,766 ETH worth $71.5 million linked to the weekend’s KelpDAO exploit. The funds can only be moved...