Rising Treasury yields reflect heightened geopolitical risks, potentially 
influencing monetary policy and market stability amid US-Iran tensions.
The post US Treasury yields rise as US-Iran tensions escalate appeared first 
on Crypto Briefing.

US Treasury yields rise as US-Iran tensions escalate

The pause in US-Iran talks heightens the risk of conflict, impacting market 
sentiment and increasing uncertainty in diplomatic resolutions.
The post US pauses Iran talks with 10 days left before ceasefire deadline 
appeared first on Crypto Briefing.

US pauses Iran talks with 10 days left before ceasefire deadline

Arbitrum’s Security Council has frozen 30,766 ETH tied to the KelpDAO exploit, 
moving the funds out of an address on Arbitrum One and into an intermediary 
wallet that now requires further governance action to unlock. At roughly $71 
million, the move was large enough on its own. What made it more consequential 
was the method: a crypto governance body stepping in directly to override the 
normal finality of chain-held funds. In its statement, Arbitrum said: “The 
Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH 
being held in the address on Arbitrum One that is connected to the KelpDAO 
exploit. The Security Council acted with input from law enforcement as to the 
exploiter’s identity, and, at all times, weighed its commitment to the 
security and integrity of the Arbitrum community without impacting any 
Arbitrum users or applications.” The funds had been transferred to what 
Arbitrum described as an intermediary frozen wallet. On-chain intelligence 
firm Arkham confirmed the action via X: ”ARBITRUM RECOVERS $70.9M FROM KELPDAO 
EXPLOITER. The Arbitrum Security Council just removed $70.97M ETH from the 
KelpDAO Exploiter’s addresses. They sent it to the address 
0x0000000000000000000000000000000000000DA0. North Korea stole the money and 
Arbitrum stole it back.” ARBITRUM RECOVERS $70.9M FROM KELPDAO EXPLOITER The 
Arbitrum Security Council just removed $70.97M ETH from the KelpDAO 
Exploiter’s addresses. They sent it to the address 
0x0000000000000000000000000000000000000DA0 North Korea stole the money and 
Arbitrum stole it back. pic.twitter.com/4H2FbzyZss — Arkham (@arkham) April 
21, 2026 The frozen ETH is just one part of a much larger incident, as NewsBTC 
reported. KelpDAO was exploited on April 18 for about $290 million. LayerZero 
describes the event as isolated to KelpDAO’s rsETH configuration and tied to a 
single-DVN setup rather than broader contagion across the protocol. In a 
separate statement, KelpDAO said the April 18 incident involved a forged 
cross-chain message and later thanked Arbitrum’s council, ecosystem 
stakeholders and SEAL 911 for helping coordinate the response. “We appreciate 
the recent decision by the Arbitrum Security Council to take action in 
response to the LayerZero-DVN/rsETH incident of April 18. Over the past two 
days, the KelpDAO team has worked closely and constructively with members of 
the security council […] We would like to particularly acknowledge the 
exceptional efforts of Security Alliance&#8217;s SEAL 911 among countless others, 
whose coordination, information structuring, and stakeholder engagement were 
instrumental in bringing clarity and urgency to this process,” KelpDAO via X. 
We appreciate the recent decision by the @arbitrum Security Council to take 
action in response to the LayerZero-DVN/rsETH incident of April 18. Over the 
past two days, the KelpDAO team has worked closely and constructively with 
members of the security council and broader… https://t.co/E7CHGbypPc — Kelp 
(@KelpDAO) April 21, 2026 Arbitrum Sparks Fresh Decentralization Debate That 
left the industry arguing over two different questions at once: whether the 
recovery was justified, and what it says about the systems involved. Griff 
Green, a member of Arbitrum’s Security Council, framed the decision as an 
extraordinary but necessary intervention. “We did not make this decision 
lightly, there were countless hours of debates, technical, practical, ethical 
and political,” he wrote. “But all it takes for evil to triumph is for good 
men to do nothing, so today, we decided to do something.” The comment carried 
extra weight because Arbitrum’s council is not an abstract mechanism; it is a 
12-member committee elected by the DAO to handle critical risks and emergency 
decisions. Critics, though, saw the same event very differently. In one of the 
sharper reactions on X, commentator Deestar (@Deestar) argued that “while this 
is really great news, it’s a proof that almost nothing in crypto is truly 
decentralized.” so basically Arbitrum security council moved $71 million in 
ETH out of the hackers wallet desperate times shows the true nature of crypto 
space the security council that made this decision are just 12 people, likely 
in the same location while this is really great news it’s a… 
https://t.co/zkgFNCsU0o pic.twitter.com/zYizGovwwk — Deestar (@Deestar) April 
21, 2026 He pushed the point further: “If your government comes after your 
money, only Bitcoin can save you.” That critique is more polemical than 
technical, but it goes straight to the fault line this episode exposed. A 
network can call itself decentralized, yet still retain a small, coordinated 
emergency body with the power to seize control of assets (when the stakes are 
high enough). At press time, Arbitrum (ARB) traded at $0.1266. Featured image 
created with DALL.E, chart from TradingView.com

Arbitrum Freezes KelpDAO Hack Funds, Exposing Crypto’s Biggest Lie

RAVE briefly crossed a $6.7 billion valuation on Apr. 18 before collapsing 
nearly 95% in hours. The market infrastructure surrounding the token, 
consisting of thin float, concentrated supply, and a live perpetual market, 
drove the scale of both the rally and the destruction. ZachXBT alleged that 
insiders controlled more than 90% of RAVE&#8217;s supply, with […]
The post How crypto futures markets are feeding ‘scam coin’ insider pump and 
dumps appeared first on CryptoSlate.

How crypto futures markets are feeding ‘scam coin’ insider pump and dumps

a16z is backing “Monitoring the Situation,” a 24/7 X livestream born from 
Polymarket meme culture, as tech VCs build their own news-industrial complex. 
Andreessen Horowitz, also known as a16z, the Silicon Valley venture firm that 
has raised more than $15…

Cryptocurrency price in SEK