ArbitrumDAO Elects Six New Security Council Members

ArbitrumDAO has elected six new members to its 12-person Security Council, reshaping the body responsible for emergency protocol actions for Arbitrum (ARB). The election, which ran from April 12 to May 3, saw Michael Lewellen lead with 25.19 million weighted votes, followed by DZack23, Yoav.eth, Certora, Bartek.eth, and Pablo Sabbatella of OPSEK. According to BeInCrypto, the ARB price reacted positively to the news, rising nearly 5% to $0.1193. The new council will address ongoing treasury decisions and legal challenges related to the KelpDAO exploit.