@venturevillagewall · Post #4218 · 02/22/2025, 01:00 PM
Ethereum Rollback Proposed After Bybit Hack Arthur Hayes proposes rolling back Ethereum to a block prior to the $1.5B Bybit hack, arguing it would benefit both the platform and holders. He asserts that Ethereum’s immutability can be revisited, citing prior instances. Support for the rollback comes from Bitcoin maximalist Samson Mow, suggesting it could limit funding for North Korea’s nuclear program. The plan involves pausing all ETH trading and renaming the hacked chain to ETHNK. Bybit CEO assures that company assets exceed the lost amount, with significant reserves remaining secure. For details, read more here. #Ethereum#Bybit#Crypto#Blockchain#Security#Hack#SamsonMow#ArthurHayes#ETH#VC#LazarusGroup#NorthKorea#Defi#Investing#Market#Trading#USDT#WhaleAlert