Ethereum ‘Roll Back’ Suggestion Has Sparked Criticism. Here’s Why It Won’t Happen
Call for “roll back” by some, to negate Bybit hack, immediately provoked a fierce reaction from the Ethereum community, which was firm in its belief that it wouldn’t happen.
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 rollback would hurt the Ethereum ecosystem.
Crypto Exchanges Start to Fill Bybit’s $1.4B Hole as Hackers Move Stolen Funds
“At Bitget we strongly believe in supporting the community and everyone contributing towards the growth of crypto,” company CEO Gracy Chen told CoinDesk.
SEC Drops OpenSea Investigation Easing Pressure on NFT Market
The regulator’s decision comes after Coinbase said the SEC will vote on a deal to abandon its enforcement case against it.
Ether Supply Squeeze? Bybit Hacker Emerges as World’s 14th-Largest ETH Holder
Ether trades 2% higher as the hacked ETH is seen as a permanently lost supply.
Ether Price Spikes Further on Reports of Bybit Starting to Buy ETH
The rise comes amid reports that Bybit has allocated 100 million USDT to a new wallet to buy the cryptocurrency.
Plunging U.S. Stocks Help Add to Crypto’s Bad Day
The week’s uptrend was quickly upended by the hack at crypto exchange Bybit.
U.S. Marshals Service Can’t Say How Much Crypto It Holds, Complicating Bitcoin Reserve Plan
The agency has been plagued with procedural and organizational issues for years.
North Korean Hackers Were Behind Crypto’s Largest ‘Theft of All Time’
Lazarus Group was behind Bybit’s $1.5 billion hack on Friday, Arkham Intelligence said, citing ZackXBT.
Bybit CEO Labels Pi Network a Scam, Citing Official Police Warning
The token is down by more than 60% since launch.