Security
Arbitrum’s council moved $30 million of Binance hack funds without the hacker’s key
CoinDesk·November 3, 2026·1 min read
Arbitrum's 12-person council briefly rewrote a core contract to spend $30 million of Binance hack funds from an address it held no key for, then restored the code. This marks the second such intervention this year, raising governance and security concerns within the Arbitrum ecosystem.
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