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Binance Asks ArbitrumDAO to Release Frozen ETH and ARB
Headline from The Defiant
Key points
- Cryptocurrency exchange Binance has submitted a proposal asking the ArbitrumDAO community to release frozen Ethereum and Arbitrum tokens.
- According to the draft, the recovered digital assets would be allocated to replenish reserves previously deployed to cover user losses.
- Binance anticipates that this governance approval process will take approximately seven weeks or potentially longer to reach completion.
Summarized automatically by Kryptokite from reporting by The Defiant. Read the original sources for full detail.
Coins mentioned
Sources
- The DefiantBinance Asks ArbitrumDAO to Release Frozen ETH and ARB · 1 hour agoRead on The Defiant
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