Arbitrum freezes $71M of Ether connected to Kelp exploit

Arbitrum freezes $71M of Ether connected to Kelp exploit

1.64%BTC$76,375 1.66%XLM$0.1815 6.83%TRX$0.3286 0.46%XMR$365.11 3.40%DOGE$0.09578 1.27%BCH$444.20 0.59%ADA$0.2508 1.45%BNB$637.16 1.60%ETH$2,327 0.74%SOL$85.91 0.96%HYPE$40.81 0.51%XRP$1.44 1.76%USD Written by Jesse Coghlan,Staff EditorReviewed by Felix Ng,Staff EditorArbitrum freezes $71M of Ether connected to Kelp exploit4 hours agoGriff 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 held in a wallet connected to the recent exploit of the Kelp protocol. Arbitrum said on Monday that its security council, a 12-member body elected by the Arbitrum community, took “emergency action” to freeze 30,766 Ether (ETH) that was held in a wallet connected to the Kelp exploit. It added that the ETH had bee

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