Lookonchain APP

App Store
Feeds Articles

Arbitrum DAO has commenced voting on the release of frozen Ethereum funds

1 hours ago

Arbitrum DAO launched a vote on Monday, May 1, regarding the release of stolen ETH frozen by the protocol following the Kelp DAO hack. The proposal calls for establishing a multi-signature (multi-sig) address with signers including Aave Labs, KelpDAO, Certora, and EtherFi. This address will be used exclusively for recovery efforts once it receives the frozen ETH held by Arbitrum. As of now, the proposal holds a 100% approval rate. Voting is scheduled to conclude on May 8 at 2:54 a.m. Beijing Time.
Add to Favorites Download image Share x Copy link
Relevant content

Arkham: Multicoin Pump and Dump HYPE, Currently Holding $27.4 million Worth of Tokens

Per Arkham Monitor, a suspected multicoin address recently engaged in swing trading HYPE. The address accumulated HYPE via Galaxy Digital during the asset’s hype phase, selling roughly $23 million worth of HYPE three weeks ago—around the peak of the hype cycle. It still holds 680,000 HYPE, equivalent to $27.4 million.

5 minutes ago

Yesterday, Bitcoin ETF saw a net inflow of $23.5 million, while Ethereum ETF experienced a net outflow of $23.7 million.

On May 1, per Farside Investors monitoring data, U.S. Bitcoin spot ETFs saw a net inflow of $23.5 million yesterday. IBIT recorded a net inflow of $19.1 million, while FBTC had a net inflow of $26.6 million. Ethereum ETFs posted a net outflow of $23.7 million, with ETHA registering a net outflow of $50.6 million.

5 minutes ago

Democratic Senator Pressures Tether Over Alleged Bribery of US Secretary of Commerce

On May 1, Democratic Sens. Elizabeth Warren and Ron Wyden are pressing for accountability over Tether’s alleged bribery of U.S. Commerce Secretary Howard Lutnick. Reports state Tether provided an undisclosed loan amount to a trust fund benefiting Lutnick’s children, and Cantor Fitzgerald—where Lutnick previously worked—was also a custodian of Tether’s reserves. Warren and Wyden further noted the recently passed “Genius Act” benefited Tether, adding Tether had lobbied in support of the bill—suggesting potential cronyism.

5 minutes ago

Hundreds of Ethereum Long-Term HODL Addresses Hacked, Reasons Unknown

**May 1 Update** Crypto analyst Wazz says hundreds of Ethereum mainnet wallets—many dormant for over 7 years—have been drained by the same address since yesterday. Aragon team member @TheTakenUser also confirmed in a post that funds from the project’s wallet were transferred for unknown reasons. The root cause of the incident is still unconfirmed. Community analysis points to possible factors: leaks of old mnemonics or private keys (2017–2020), issues with storage tools like LastPass, or prior risky authorizations—not a new smart contract vulnerability.

5 minutes ago

Short-Term Bitcoin Holders in Profit for the First Time in Almost Six Months, Signaling Potential Upside or Resistance

On May 1st, crypto analyst Darkfost noted that the 30-day moving average (MA) of the Short-Term Holder (STH) SOPR has turned positive for the first time in six months—suggesting short-term holders (STHs) are now, on average, at breakeven or a slight profit. Historical data indicates this typically acts as a resistance level in bear markets, as holders often panic-sell due to low confidence.

5 minutes ago

Survey: Over 66% of High-Income US Employees Use AI at Work

Per a Federal Reserve survey released May 1st, 66.3% of U.S. employees earning over $200,000 annually have used AI tools for work in the past year. That’s followed by 51.6% of those making $100k–$200k and 40.2% of those earning $50k–$100k. In contrast, just 15.9% of Americans earning less than $50k annually used AI tools for work over the same period. College graduates are more than twice as likely to use AI tools for work as those without a college degree—58.7% vs. 22.9%. Full-time workers are nearly twice as likely to use AI as part-time employees: 42.7% vs. 24.7%. Among AI users, 68% said the tools made their work easier, while 56.7% reported they boosted productivity.

5 minutes ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.

2026.01.31 18:37:29

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

 More

Hot Articles

Follow us

X

Follow

Telegram

Join