Ethereum 'Roll Back' Suggestion Has Sparked Criticism. Here's Why It Won't Happen

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Arthur Hayes Floats the Idea of Rolling Back Ethereum Network to Negate $1.4B Bybit Hack, Drawing Community Ire

"I would support it because we already voted no on immutability in 2016," Hayes said on X.

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A hard fork would allow a rollback of the chain to a point in time before the hack. Read more

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Arthur Heyes Suggests Rolling Back Ethereum Network to Reverse Bybit Hack

Arthur Heyes suggests rolling back the Ethereum network to reverse the Bybit hack.  Community opposes the idea as it could impact the entire Ethereum ecosystem and its interlinked systems.  The Bybit hack worth $1.4 billion sent waves across the crypto industry. Hackers are coming up with the most advanced types of scams no matter how secure crypto exchanges are. To reverse the damage, Arthur Heyes suggested rolling back the Ethereum network to …

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Bybit Hack Fallout: Arthur Hayes Proposes Ethereum Rollback Amid $1.4b Theft, Critics Warn of Ecosystem Risk

Key Points:- Arthur Hayes Ether holder placed an idea of an Ethereum rollback as a solution to the Bybit hack. Other market participants are worried about the Ethereum Ecosystem, a potential rollback would break its ecosystem. Ethereum is now stuck between a rock and a hard place, as explained by Sina, the 21st capital. On Friday(21st Feb) Bybit exchange lost $1.4 billion in a hacker attack. Arthur Hayes, BitMEX co-founder and major ether holde…

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Samson Mow Insists on Ethereum Rollback After Bybit's $1.4 Billion ETH Hack

Mow suggests Ethereum chain must be rolled back after hackers steal billions of USD in ETH from Bybit

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Arthur Hayes Proposes Rolling Back Ethereum Network to Negate $1.4B Bybit Hack - BTCNEWS - Bitcoin and Crypto News

Arthur Hayes, BitMEX co-founder and major ether (ETH) holder, asked Ethereum co-founder Vitalik Buterin to rollback the network in order to assist hacked exchange Bybit, which lost nearly $1.4 billion in ether (ETH) on Friday. "@VitalikButerin will you advocate to roll back the chain to help @Bybit_Official. My own view as a mega $ETH bag holder is $ETH stopped being money in 2016 after the DAO hack hardfork. If the community wanted to do it aga…