Kimmies.sui
3.9K posts




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. After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users. As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.







As you realized I’m off Twitter posts, now only following @SuiNetwork account, nobody else, not even my wife until we win and people, including those close to me understand what they miss. I was also aware of what was coming in the space cause it [is / was] accidentally or on purpose targeted. I needed that time to think how crypto can escape centralized power’s cancer and get its identity back as dreamt by Satoshi himself (yes it’s a he), from CEXs, from internet providers, from politics. I’m a Bitcoin and Sui maximalist, there is indeed a path for both old and new worlds to be happy, but they need guts. Back again before Xmas, no personal X posts till then. Do spot only, avoid leverage, don’t be the gambler they want, think smart and long. - KK.




KADENA PUBLIC ANNOUNCEMENT We regret to announce that the Kadena organization is no longer able to continue business operations and will be ceasing all business activity and active maintenance of the Kadena blockchain immediately. We are tremendously grateful to everybody who has participated in this journey with us. We regret that because of market conditions we are unable to continue to promote and support the adoption of this unique decentralized offering. We have notified our staff that we will be ceasing operations. We are retaining a small team for handling this period of transition and wind-down. For any questions and concerns please contact operations@kadena.io. The Kadena blockchain is not owned or operated by the company. As a thoroughly decentralized proof-of-work smart-contract blockchain, the network is operated by independent miners, while on-chain smart contracts and protocols are governed independently by their maintainers. For operational continuity, we will shortly provide a new binary that ensures uninterrupted operation without our involvement, and will be encouraging all node operators to upgrade as soon as possible. As for the KDA token and protocol, it will also continue in our absence. As noted in our latest token economic update (medium.com/kadena-io/clar…), over 566 million KDA remain to be distributed as mining rewards, continuing until 2139, while the platform emission has 83.7 million KDA coming out of lockup until November 2029. We are ready to engage with the Kadena community to discuss how we can aid the transition to community governance and maintenance. We will post updates on this as they become available. We are tremendously grateful to all team members, community members and partners who went on this journey with us. We wish everyone good fortune in their future endeavors.








