Security1 source
Arbitrum’s council moved $30 million of Binance hack funds without the hacker’s key
Headline from CoinDesk
Key points
- Arbitrum's security council recently transferred $30 million connected to a Binance hack without needing the hacker's private key.
- To execute the move, the 12-person committee temporarily modified one of Arbitrum's core smart contracts before restoring the original code.
- This event marks the second time the council has taken such action during this year.
Summarized automatically by Kryptokite from reporting by CoinDesk. Read the original sources for full detail.
Coins mentioned
Sources
- CoinDeskArbitrum’s council moved $30 million of Binance hack funds without the hacker’s key · 3 hours agoRead on CoinDesk
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