KelpDAO’s hackers left telltale signs pointing to one culprit, North Korea. Then, in a surprise move, the Arbitrum Security Council decided to fight back.

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In this episode about the hack on KelpDAO that had a broad impact across all of DeFi, Miguel Morel of Arkham, explains what digital fingerprints made it clear North Korea was the likely hacker, plus how it is that Arkham’s users are using the platform to figure out how to get their bad debt out of Aave and when.

Then Griff Green, a member of the Arbitrum Security Council, explains some of the reasoning that went into the decision to freeze $71 million of the funds stolen by DPRK, how the surprise move worked technically, and why blockchains are immutable only by social consensus — and how even Bitcoin could be changed by social consensus.

Host:

⁠⁠⁠⁠⁠Laura Shin⁠⁠⁠⁠⁠, Host / Unchained

Guests:

Miguel Morel, CEO of Arkham Intelligence
Griff Green, Arbitrum Security Council Member, Leader of the DAO Security Fund, Co-founder of Giveth

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Arbitrum Froze $70M From North Korea? Griff Green on the Decision + Miguel Morel on the Hack