Arbitrum

Arbitrum Basis Funding Proposal Seeks M, 1,700 ETH And 230M ARB

Arbitrum Basis Funding Proposal Seeks $16M, 1,700 ETH And 230M ARB

Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Ad Disclosure TL; DR An Arbitrum governance roundup lists a continued funding proposal for the Arbitrum Basis protecting one other operational yr. The request consists of $16 million in RWAs, 1,700 ETH and 230 million ARB tokens. The proposal says…

Crypto

Court Lets Arbitrum DAO Transfer $71M in ETH Tied to North Korea Hack to Aave

Naveed Ahmad1 month ago03 mins

A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path for the DeFi protocol’s recovery effort following a North Korea-linked exploit. Judge Margaret Garnett of the Southern District of New York issued the order on Friday, modifying a restraining notice that had locked the assets…