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Arbitrum’s council moved $30 million of Binance hack funds without the hacker’s key

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TLDR — A 12-person committee briefly rewrote one of Arbitrum’s core contracts to spend from an address it held no key for, then put the code back.

Signal data▼ Bearishconfidence 90%High materiality
AssetEventexchange-incidentEvent timeAttention0 readers/hrNormalSmart readers0

A 12-person committee briefly rewrote one of Arbitrum’s core contracts to spend from an address it held no key for, then put the code back. It’s the second time this year.

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