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Home Crypto Exchanges

Arbitrum Freezes 30,766 ETH After KelpDAO Breach

April 21, 2026
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Arbitrum Freezes 30,766 ETH After KelpDAO Breach
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The Arbitrum Safety Council has frozen 30,766 ETH, value about $71 million, linked to the KelpDAO exploit on Arbitrum One. The funds have been moved to a safe pockets requiring governance approval for launch, with no affect on different customers. The April 18 assault drained $292 million in rsETH by means of a compromised LayerZero bridge, reportedly tied to North Korea’s Lazarus Group. In the meantime, Aave paused markets to assessment as much as $230 million in potential unhealthy debt.

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