Arbitrum council moved $30M in Binance hack funds without the hacker's key

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A 12-person committee governing Arbitrum briefly altered one of the network's core contracts so it could spend from an address the committee did not hold a key for. The move involved roughly $30 million tied to a Binance hack. After the transfer, the committee restored the original contract code. The report notes this is the second time this year the council has taken such an action. The article describes the episode as a briefly rewritten contract rather than a change to the network's wider operations.

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