Venture Village Wall 🦄
@venturevillagewall · Post #4221 · 02/23/2025, 04:00 AM
Ethereum Rollback Not Feasible, Developer Warns Ethereum developer Tim Beiko cautions against rolling back the Bybit attack, citing potential widespread disruptions and significant costs exceeding $1.5 billion. This attack does not breach Ethereum protocol rules unlike the 2016 TheDAO incident. Additionally, a Bybit address transferred $48 million to Galaxy Digital and FalconX, acquiring 34,800 ETH shortly before depositing it back into Bybit. Read more: Ethereum rollback debate and Bybit address transactions #Ethereum#Bybit#Crypto#Blockchain#DeFi#News#Investment#ETH#GalaxyDigital#FalconX#TimBeiko#CZ#KanyeWest#Polychain#OTC#Transaction#Security#Protocol#Rollback#Market#Analysis