News Explorer — Kelp DAO Hackers Begin Laundering $175 Million Across Ethereum, Bitcoin and Beyond

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Apr 21, 9:12 am

Coindesk

Kelp DAO Hackers Begin Laundering $175 Million Across Ethereum, Bitcoin and Beyond

The hackers behind the $290 million Kelp DAO exploit have started laundering their stolen funds, with $1.5 million bridged from Ethereum to Bitcoin via Thorchain and $78,000 routed through Umbra. The exploit has prompted concerns over potential contagion to other blockchains, leading to increased scrutiny and actions like Arbitrum freezing $71 million in ETH.

The hackers behind the $290 million Kelp DAO exploit have started laundering their stolen funds, with $1.5 million bridged from Ethereum to Bitcoin via Thorchain and $78,000 routed through Umbra. The exploit has prompted concerns over potential contagion to other blockchains, leading to increased scrutiny and actions like Arbitrum freezing $71 million in ETH.

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Apr 24, 11:24 am

Decrypt

Aave Coordinates 'DeFi United' Push to Tackle KelpDAO Exploit Aftermath

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Apr 24, 8:02 am

Coindesk

Metaplanet Issues 8B Yen in Bonds to Fund Bitcoin Buys

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Apr 24, 6:07 am

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Apr 24, 4:47 am

Coindesk

Wisconsin Challenges Kalshi, Coinbase, Polymarket, Robinhood, and Crypto.com on Prediction Market Legality

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Apr 23, 7:08 pm

Decrypt

Cambodian Senator and Associates Sanctioned for Allegedly Running Massive Crypto Scam Operation

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Apr 23, 5:51 pm

Decrypt

Fold Offers Program That Lets Companies Pay Employees Bitcoin Bonuses

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Apr 23, 3:44 pm

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Apr 23, 3:21 pm

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FTX Founder Sam Bankman-Fried Withdraws Retrial Request

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Apr 23, 2:50 pm

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Tether Freezes $344 Million in USDT Due to Alleged Illicit Activity

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Apr 23, 12:41 pm

Decrypt

Glassnode's Risk Index Indicates a Bullish Outlook for Bitcoin

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Apr 23, 11:51 am

Coindesk

FTX Founder Sam Bankman-Fried Withdraws Retrial Request

Sam Bankman-Fried, founder of FTX, has withdrawn his retrial request due to concerns about receiving a fair hearing. He... Read Summary

Apr 23, 11:01 am

Decrypt

Blockchain Capital Raising $700M for New Funds

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Apr 23, 10:21 am

Coindesk

Pantera Capital Urges Satsuma Technology to Liquidate Bitcoin Holdings Due to Significant Losses

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Apr 23, 10:30 am

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100 Crypto Firms Urge Senate to Advance Clarity Act

A coalition of U.S. crypto companies and trade groups is urging the Senate Banking Committee to advance the Clarity Act,... Read Summary

Apr 22, 6:29 pm

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UK Authorities Conducted Raids on Illegal Peer-to-Peer Crypto Trading

The UK's Financial Conduct Authority conducted coordinated raids on eight London premises targeting illegal peer-to-peer... Read Summary