Arbitrum’s council moved $30 million of Binance hack funds without the hacker’s key

Crypto Insight Summary: A 12-person committee briefly rewrote one of Arbitrum’s core contracts to spend from an address it held no key for, then put the code back. It’s the second time this year. Crypto Insight Analysis: Direction: Bullish ARB Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Recovered hack funds support ARB sentiment, but the event has limited broader market impact.