Kelp DAO Exploiter Launders $80M in ETH as THORChain Volume Spikes After Arbitrum Freeze

Arbitrum freeze triggered rapid ETH laundering, pushing THORChain volume to $394M as attacker shifted funds into BTC. On-chain data is offering new clarity on the Kelp DAO exploit, one of the largest recent cross-chain bridge incidents. Movement of funds has accelerated following partial intervention by network authorities. Analysts tracking the wallet activity report a clear … Continue reading Kelp DAO Exploiter Launders $80M in ETH as THORChain Volume Spikes After Arbitrum Freeze