The Ethereum network suffered a major blow from the KelpDAO attack on April 18. While attackers withdrew $292 million in funds, the Arbitrum Security Council swiftly froze $71 million. The trail of the stolen funds was traced as far as Thorchain, Umbra Cash, and Chainflip. These attacks once again highlight the critical importance of vigilance and bring to light ongoing security vulnerabilities within the DeFi ecosystem! 🌐 #Ethereum #DeFi
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