Arbitrum DAO Votes to Unlock $70 Million for Kelp DAO Exploit Relief

Decrypt15h agoUpdated 15h ago

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Arbitrum DAO voted to release the Kelp exploit funds, but a U.S. Court restraining notice has put the approved transfer in legal jeopardy....

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Australia's financial regulator AUSTRAC is launching supervision campaigns as new crypto regulatory reforms take effect. The initiative aims to enforce compliance across the sector following recent legislative changes. Bitcoin trades near $80,200 amid broader market volatility, with most major cryptocurrencies posting minor declines. The regulatory push strengthens oversight frameworks, potentially impacting Australian crypto platforms and their operations moving forward.

CoinDesk16h ago60-word brief

Bitcoin retreats below $80,000, liquidating $300 million in futures bets

BTC fell under $80,000 after U.S. strikes in Iran sent oil briefly above $100, triggering liquidations and a shift toward bearish positioning....

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Arbitrum DAO Votes to Unlock $70 Million for Kelp DAO Exploit Relief

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Bitcoin retreats below $80,000, liquidating $300 million in futures bets