Arbitrum DAO approves the proposal to release the frozen ETH
Foresight News reports that the Arbitrum DAO has passed the proposal to "approve the release of frozen ETH," with 90.96% voting in favor. The proposal requests Arbitrum governance to approve the release of 30,765.67 ETH frozen by the Arbitrum Security Council on April 21, and to transfer the funds into a 3/4 multisig wallet jointly controlled by Aave Labs, KelpDAO, EtherFi, and Certora. After receiving the ETH frozen by Arbitrum, this address will be dedicated to recovery efforts.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum trapped in a range: Flipping $2,530 will clear the path to $3,000
Experienced Analyst Issues Warning About an Altcoin: “Alarm Bells Are Ringing”
Ethereum Foundation names 2 ‘must ship’ EIPs for Hegotá upgrade
Vietnam: Inflation and trade trends shape VND – Commerzbank
Crypto prices
More
