Security· ★★★★· bullish·

Arbitrum Security Council freezes $30.5M tied to Binance exploit

  • —Arbitrum Security Council froze roughly $30.5M tied to the Binance hack
  • —The freeze was executed as a transaction on the Arbitrum network
  • —On-chain detective ZachXBT reported the action
Why it matters: Freezing part of the stolen funds complicates the hacker's exit and shows L2 networks can block assets at the protocol level.
#ARB#BNB
Source: PANews
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