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via Decrypt · By Decrypt Editorial

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

ETH

ETH/USDT

$2,391.55

+4.39%

$2,391.55

+4.39%

(24s)

24h Volume

$29,345,172,916.57

24h H/L

$2,447.98 / $2,255.68

Change: $192.30 (8.53%)

Long/Short

56.6%

Long: 56.6%Short: 43.4%

Funding Rate

+0.0075%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,386.34

▲ 2.56%

Volume (24h): -

Resistance Levels

Resistance 3$2,743.13

Resistance 2$2,618.86

Resistance 1$2,426.38

Price$2,386.34

Support 1$2,305.66

Support 2$2,210.65

Support 3$2,127.28

Pivot (PP):$2,302.79

Trend:Uptrend

RSI (14):85.9

Decrypt Editorial

(11:21 AM UTC)

1 min read

Verified byJames Mitchell

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In brief

Arbitrum DAO has voted in favor of releasing 30,765.67 ETH to a recovery address controlled by Aave, KelpDAO, EtherFi, and Certora.
A U.S. court dispute could still complicate the transfer, after plaintiffs with judgments against North Korea sought to restrain the assets.
Legal experts warn that executing the DAO vote now risks contempt of court for anyone in the execution chain…

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