Arbitrum vote to release $71M in frozen Kelp exploit ETH set to pass

CoinTelegraph2h agoUpdated 58m ago
Arbitrum vote to release $71M in frozen Kelp exploit ETH set to pass
Smart Read

The Snapshot vote would move the recovery effort toward a binding onchain Arbitrum governance proposal....

Coins in this story

ETH
₹2,294.88
-2.35%
ARB
₹0.126056
+1.76%
LDO
₹0.380776
-1.47%
Part of narrative
Regulation

Explore how Regulation is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.

Explore narrative

Related stories

Kraken parent Payward to buy Reap in $600M stablecoin payments push
CoinTelegraph2h ago60-word brief

Kraken parent Payward to buy Reap in $600M stablecoin payments push

Kraken parent Payward agreed to acquire Hong Kong-based Reap Technologies for up to $600 million, expanding into stablecoin payments and B2B financial infrastructure. The deal, combining cash and stock at a $20 billion valuation, adds card issuance and cross-border payment capabilities to Payward Services platform. Expected to close mid-2026, this marks Payward's largest Asia infrastructure acquisition amid growing stablecoin adoption among fintech firms and businesses.

Polygon reduces block time to 1.75 seconds as payments push accelerates
CoinTelegraph3h ago60-word brief

Polygon reduces block time to 1.75 seconds as payments push accelerates

Polygon reduced its block time to 1.75 seconds, the first decrease since genesis, enabling 14% higher payment throughput and positioning the network for institutional stablecoin adoption. The upgrade supports high-frequency applications like payments and DeFi trading. Polygon also introduced privacy features for stablecoin transactions using zero-knowledge proofs and expanded Visa integration for faster settlement infrastructure.

Crypto for Advisors: beneath the crypto surface
CoinDesk2h ago60-word brief

Crypto for Advisors: beneath the crypto surface

Beneath the stalled market, advisors and long-term investors are quietly building durable crypto allocations and are becoming more comfortable investing in this asset class....

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.