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Arbitrum freezes 30,766ETH ($71million) linked to KelpDAO exploit

№ 1074Published Updated 1 min read

Arbitrum used an emergency mechanism for "catastrophic" situations - without reorganizing the blocks, they burned 30,765~ETH, sending them to zero address and thereby bypassing the key that the hackers controlled.

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Arbitrum has frozen 30,766ETH ($71million) associated with the exploit | $uicideChain