Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
Ethereum developers dismiss the idea of rolling back the Bybit hack, citing network complexity, decentralized security, and irreversible transactions.
Ethereum core developer Tim Beiko has cautioned against any potential move to roll back the Ethereum network despite growing ...
A debate is raging in Ethereum circles over a proposal to roll back the network amid Bybit’s $1.4 billion loss to North ...
An outflow of 401,346.76 ETH worth $1.5B was noted by on-chain sleuth ZachXBT, which later turned out to be one of the most ...
Crypto exchange Bybit is offering up to $140 million for help recovering the $1.4 billion in Ethereum swiped in Friday's ...
The ongoing discourse surrounding the possibility of an Ethereum rollback is proving to be complex and challenging, as ...
On February 21, the cryptocurrency market witnessed a dramatic turn of events. Bybit, a major exchange, suffered a $1.4 ...
The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to ...
Over 405,000 ETH, valued at approximately $1.1 billion, were drained from the exchange and subsequently dispersed across ...
Visitors stand in front of works by Bybit on display during the 15th edition of Art Dubai at Madinat Jumeirah in the Gulf ...
Ethereum core developer Tim Beiko said in a Feb. 22 X post that the “reasonably sounding proposal” for an Ethereum network ...