DeFi Intel

Arbitrum takes back $71m from Kelp DAO hacker: ‘We did not make this decision lightly’

The 12-member Security Council said 'countless hours of debates' preceded freezing $71 million taken by North Korea-linked hackers who stole $294 million from Kelp DAO, a seizure critics call a precedent-setting breach of blockchain immutability as $15 billion exited DeFi protocols.

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