# 🛡️

#BitcoinBouncesBack #🛡️ Arbitrum Security Council Freezes $71M: The KelpDAO Exploit & The Lazarus Connection
In a historic move for DeFi governance, the Arbitrum Security Council has invoked emergency powers to freeze 30,766 ETH (~$71 million) linked to the massive KelpDAO breach. This intervention marks a pivotal moment in the industry’s fight against state-sponsored cybercrime.
🕒 The Timeline of the Breach
The exploit, which occurred on April 18, 2026, was a masterclass in infrastructure subversion:
Infrastructure Compromise: Attackers poisoned RPC nodes within LayerZero’s Decentralized Ve

#🛡️ Arbitrum Security Council Freezes $71M: The KelpDAO Exploit & The Lazarus Connection
In a historic move for DeFi governance, the Arbitrum Security Council has invoked emergency powers to freeze 30,766 ETH (~$71 million) linked to the massive KelpDAO breach. This intervention marks a pivotal moment in the industry’s fight against state-sponsored cybercrime.
🕒 The Timeline of the Breach
The exploit, which occurred on April 18, 2026, was a masterclass in infrastructure subversion:
Infrastructure Compromise: Attackers poisoned RPC nodes within LayerZero’s Decentralized Verifier Network (DVN)