The post Arbitrum’s Bold Move to Safeguard Millions in Crypto Currency appeared on BitcoinEthereumNews.com. In an unforeseen turn of events over the weekend, theThe post Arbitrum’s Bold Move to Safeguard Millions in Crypto Currency appeared on BitcoinEthereumNews.com. In an unforeseen turn of events over the weekend, the

Arbitrum’s Bold Move to Safeguard Millions in Crypto Currency

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In an unforeseen turn of events over the weekend, the Arbitrum Security Council intervened decisively by halting the movement of 30,766 ETH, valued at about $71.1 million, in response to a significant cyber breach. This decisive action ties back to an address on Arbitrum One, linked with the substantial $292 million Kelp DAO exploit.

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Source: https://en.bitcoinhaber.net/arbitrums-bold-move-to-safeguard-millions-in-crypto-currency

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