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Crypto & Bitcoin

How Arbitrum Froze a Hacker’s Crypto in 10 Minutes

Reported by Kosta Gushterov, Coindoo

Image: Coindoo

Arbitrum’s Security Council has again made an exploiter’s address hand over its funds without the private key, this time freezing assets tied to the October 29 Binance hack. Key Takeaways Council moved 8,425 ETH and 74.6M ARB Same Inbox override used in April’s KelpDAO freeze ARB transfer recorded as unsigned type 0x65 Release requires a separate ArbitrumDAO governance vote According to the Security Council’s emergency action disclosure , the move executed at 8:08 a.m. Hong Kong time on October 30 and sent the funds to an address ending in 0DA0 , which they can leave only through an ArbitrumDAO vote.

This is an excerpt. The reporting belongs to Coindoo.

Read the full report on coindoo.com
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