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NewsCoinDesk ·

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

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.

▼ BearishHigh materiality · 0 readers/hr

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.