$1.5 billion Bybit hack: Proposal for risky Ethereum rollback ignites controversy
After Friday's $1.5 billion hack of Bybit — the largest in the industry's history —allegedly carried out by North Korea's Lazarus Group, some members of the crypto community have controversially ...
Bybit CEO Weighs Ethereum Rollback while Lazarus Moves Stolen Crypto
Bybit CEO Ben Zhou is considering all possible options to recover the $1.4 billion stolen in the largest crypto hack in ...
Ethereum price drops despite Bybit reportedly buying $700M ETH — Why?
Ether ( ETH) price dropped 5% on Feb. 24, despite reports that crypto exchange Bybit acquired $740 million worth of ETH from ...
ReadWrite2h
ByBit CRO suggests ETH rollback vote for $1.5B hack recovery
Ben Zhou, the CEO of the recently hacked crypto exchange Bybit, suggested a possible Ethereum (ETH) rollback as a way to ...
Ethereum Community Slams “Rollback Proposal after Massive Bybit Hack
The idea of rolling back Ethereum (ETH-USD) to reverse the $1.4 billion Bybit hack sparked instant backlash from the crypto community. The ...
CoinDesk2d
Arthur Hayes Proposes Rolling Back Ethereum Network to Negate $1.4B Bybit Hack
I would support it because we already voted no on immutability in 2016, Hayes said on X. Others are worried that a potential ...
Researchers accuse North Korea of $1.4 billion Bybit crypto heist
North Korea is behind the massive crypto hack, according to several blockchain monitoring firms and a well-known researcher ...
Hosted on MSN6h
Ethereum Under Pressure – Bybit Replenishes $1.23B ETH Reserves, Stolen Funds May Head to Mixers
Ethereum (ETH) fell over 4% on Monday despite showing weekend resilience, as fallout from Bybit’s record $1.5 billion hack ...