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
CNN Enters Generative AI Partnership with Google
US Stock Market Movement | Nvidia-backed AI pharmaceutical company Iambic Therapeutics (IAM.US) debuts on Nasdaq, surging over 11% after opening
As of press time, the stock is up more than 11%, trading at $17.77.
US Stock Market Movement | 3D Printing Materials Supplier Amaero (AMRO.US) Debuts on US Stock Market, Trading Halt Triggered After Opening
Amaero, a manufacturer specializing in titanium and refractory metal powders for 3D printing in the defense and aerospace sectors, has gone public on the US stock market.

