# pšŸ”„

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#ArbitrumFreezesKelpDAOHackerETH #pšŸ”„ Breaking Overview
Arbitrum has taken a bold and controversial step by freezing 30,766 ETH (around $71 million) linked to the KelpDAO hacker. This action was executed by the Arbitrum Security Council, marking one of the fastest on-chain responses to a major DeFi exploit in 2026.
šŸ’„ The KelpDAO Hack Explained
The exploit happened on April 18, 2026
Around $290M+ worth of rsETH was stolen
Attack targeted a cross-chain bridge vulnerability
Likely involved manipulation of validation systems
šŸ‘‰ This instantly made it one of the largest DeFi hacks of the year
⚔ Ar
ARB1.85%
ETH2.86%
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