Arbitrum

Court Greenlights Arbitrum DAO Vote to Move $71M in Recovered Kelp ETH to Aave
The court order allows the on-chain Constitutional AIP vote and transfer to proceed without violating the restraining notice, but the freeze itself extends to Aave LLC.

Arbitrum DAO Elects Six New Security Council Members Amid Ongoing Kelp Fallout
The Security Council has been in the spotlight in recent weeks after its decision to freeze over 30K ETH connected to the Kelp bridge exploit.

Aave Asks Court to Vacate Restraining Notice Targeting Recovered Kelp DAO Assets
The emergency motion challenges a New York court order redirecting recovered Kelp DAO exploit funds toward decades-old terrorism judgments against North Korea.

Lawyer Attempts to Seize Frozen ETH Linked to Kelp Exploit From Arbitrum DAO
A U.S. attorney is attempting to claim ETH frozen by Arbitrum following the Kelp DAO exploit — on behalf of victims of North Korean state hackers from prior incidents.

Arbitrum Freezes 30,766 ETH Linked to KelpDAO Exploit
Since the freeze, ZachXBT reported that the attackers had begun moving funds from Ethereum mainnet to Bitcoin.

PayPal’s PYUSD Supply Crosses $4 Billion
PYUSD has become the fourth-largest stablecoin on L2 Arbitrum after a partnership with USDai.

Arbitrum DAO Votes on $1.5 Million Program to Reward Active Delegates
Arbitrum delegates could earn rewards for voting, but only if they have at least 200,000 ARB of voting power.

Arbitrum Launches ‘Season One’ of $40 Million DeFi Incentive Program
The DeFi Renaissance Incentive Program (DRIP) aims to accelerate innovation and liquidity on Arbitrum.

Circle’s Native USDC Launch on Hyperliquid Threatens Arbitrum: Messari
Circle’s plan to mint native USDC on Hyperliquid threatens Arbitrum’s dominance, with a Messari analyst warning of a possible liquidity exodus.

Arbitrum Uncovered: Steven Goldfeder on Ethereum L2s, Rollups, and the Future of DeFi
Join us for an in-depth conversation with Steven Goldfeder, Co-Founder and CEO of Offchain Labs, the parent company of Arbitrum—the leading Ethereum Layer 2 solution by Total Value Locked (TVL).





