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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

    You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan

    You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan

    Still Loving My ‘If It Went to Zero’ NFT

    Still Loving My ‘If It Went to Zero’ NFT

    Ordinals soar on the back of Bitcoin art – Here are our top 7 picks

    Ordinals soar on the back of Bitcoin art – Here are our top 7 picks

    NFT sales skyrocket 40% to $221m, CryptoPunks jump 590%

    NFT sales skyrocket 40% to $221m, CryptoPunks jump 590%

    CryptoPunks and Pudgy Penguins Secure Top Positions

    CryptoPunks and Pudgy Penguins Secure Top Positions

    How to differentiate NFTs from memecoins

    How to differentiate NFTs from memecoins

    Pudgy Penguins denies rumors that it bought OpenSea

    Pudgy Penguins denies rumors that it bought OpenSea

  • Gaming
    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    A Pressure Group Forced Steam to Remove Adult Games. It’s Coming After Crypto Next

    A Pressure Group Forced Steam to Remove Adult Games. It’s Coming After Crypto Next

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    NFTs Stage a Summer Comeback: Blue-Chips Reclaim Spotlight in July Rally

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    On-Chain Games Don’t Have a ‘Secret Sauce,’ YGG’s New Advisor Says

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    Top 5 Gaming Blockchains Set to Explode in the Next Bull Run

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    Off the Grid Skin Sale Volume Hits $30K as the Avalanche Shooter Hits OpenSea

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    Octo Gaming Teams Up with Starknet for Exclusive Rollup-Powered Game Launch

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    Axie Infinity Creator Sky Mavis Backs New BORA-Integrated Game on LINE NEXT App

  • Blockchain
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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    LFG Boosts Token Launches with Community Power

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    SoonVerse Partners with Arris to Enhance User Experience

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    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

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    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

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    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

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    What Is Copy Trading in Crypto? A Beginner’s Guide

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  • Analysis
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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

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    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

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    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

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    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

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    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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  • Home
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  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

    You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan

    You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan

    Still Loving My ‘If It Went to Zero’ NFT

    Still Loving My ‘If It Went to Zero’ NFT

    Ordinals soar on the back of Bitcoin art – Here are our top 7 picks

    Ordinals soar on the back of Bitcoin art – Here are our top 7 picks

    NFT sales skyrocket 40% to $221m, CryptoPunks jump 590%

    NFT sales skyrocket 40% to $221m, CryptoPunks jump 590%

    CryptoPunks and Pudgy Penguins Secure Top Positions

    CryptoPunks and Pudgy Penguins Secure Top Positions

    How to differentiate NFTs from memecoins

    How to differentiate NFTs from memecoins

    Pudgy Penguins denies rumors that it bought OpenSea

    Pudgy Penguins denies rumors that it bought OpenSea

  • Gaming
    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    A Pressure Group Forced Steam to Remove Adult Games. It’s Coming After Crypto Next

    A Pressure Group Forced Steam to Remove Adult Games. It’s Coming After Crypto Next

    NFTs Stage a Summer Comeback: Blue-Chips Reclaim Spotlight in July Rally

    NFTs Stage a Summer Comeback: Blue-Chips Reclaim Spotlight in July Rally

    On-Chain Games Don’t Have a ‘Secret Sauce,’ YGG’s New Advisor Says

    On-Chain Games Don’t Have a ‘Secret Sauce,’ YGG’s New Advisor Says

    Top 5 Gaming Blockchains Set to Explode in the Next Bull Run

    Top 5 Gaming Blockchains Set to Explode in the Next Bull Run

    Off the Grid Skin Sale Volume Hits $30K as the Avalanche Shooter Hits OpenSea

    Off the Grid Skin Sale Volume Hits $30K as the Avalanche Shooter Hits OpenSea

    Octo Gaming Teams Up with Starknet for Exclusive Rollup-Powered Game Launch

    Octo Gaming Teams Up with Starknet for Exclusive Rollup-Powered Game Launch

    $NAKA’s Play‑to‑Earn Ecosystem Explained: Games, Catalysts, and Where It’s Headed

    $NAKA’s Play‑to‑Earn Ecosystem Explained: Games, Catalysts, and Where It’s Headed

    Axie Infinity Creator Sky Mavis Backs New BORA-Integrated Game on LINE NEXT App

    Axie Infinity Creator Sky Mavis Backs New BORA-Integrated Game on LINE NEXT App

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    What Is Copy Trading in Crypto? A Beginner’s Guide

    What Is Copy Trading in Crypto? A Beginner’s Guide

    A Step-by-Step Guide for Risk-Takers

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    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

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    How It Works and What to Watch Out For

    Crypto Risk Management Strategies for Trading (2025)

    Crypto Risk Management Strategies for Trading (2025)

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is DeFi Staking? Everything You Need to Know

    What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

    What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

    What Is Liquid Staking? How It Works & Why It Matters in Crypto

    What Is Liquid Staking? How It Works & Why It Matters in Crypto

  • Analysis
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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

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    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

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    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home Ethereum

Bybit CEO floats Ethereum rollback idea – Will the community support it?

February 23, 2025
in Ethereum
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Peter Schiff criticizes Bitcoin amidst price blow: ‘The momentum has turned’
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Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will ‘Go Insane’

Binance loses 300K ETH – Here’s what it means for bulls eyeing $2.7K

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Posted: February 23, 2025

  • Whales accumulated 140,000 ETH amid Bybit’s $1.4 billion hack linked to Lazarus Group.
  • Bybit offers a $140 million bounty to recover stolen funds and mitigate losses.

Ethereum [ETH] experienced a notable market shift in the past 24 hours as whales accumulated 140,000 ETH amid rising concerns over security breaches.

This surge in accumulation coincided with a major incident involving Bybit, which suffered a $1.4 billion hack, reportedly linked to the infamous Lazarus Group.

The breach triggered a wave of withdrawals as investors rushed to exit the platform.

Bybit CEO Ben Zhou’s plan of action

In response, Bybit CEO Ben Zhou announced efforts to recover the stolen assets, including launching a bounty program, collaborating with law enforcement, and engaging with the Ethereum Foundation to explore potential solutions.

Zhou also addressed the controversial possibility of rolling back the Ethereum blockchain to reverse the hack’s effects.

 The Bybit CEO took to X (formerly Twitter) and said, 

“I’m not sure if it’s one man’s decision. Based on the spirit of blockchain, maybe it should be a voting process to see what the communities want, but I am not not sure.”

Arthur Hayes joins the fray 

Arthur Hayes, co-founder of BitMEX and a significant ETH holder, recently reached out to Ethereum co-founder Vitalik Buterin with a bold proposition.

Hayes suggested considering a network rollback to help Bybit recover from its devastating $1.4 billion ETH hack.

See also  Ethereum dominance hits post-COVID lows: Is ETH losing to Bitcoin?

This idea has sparked debate within the crypto community.

Such a rollback would reverse the blockchain’s state to how it was before the attack, potentially restoring stolen funds but raising questions about the integrity and immutability of the Ethereum network.

Hayes noted, 

“@VitalikButerin will you advocate to roll back the chain to help @Bybit_Official.”

He added,

“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 again, I would support it because we already voted no on immutability in 2016 [wh]y not do it again?”

Previous rollback incident

The concept of rolling back the Ethereum blockchain isn’t unprecedented.

In 2016, following the infamous DAO hack that drained around $60 million in ETH, the Ethereum community initiated a hard fork.

This split resulted in two separate blockchains: Ethereum Classic [ETC], which retained the original chain including the hacked transactions, and the current proof-of-stake Ethereum network, which reversed the illicit transactions.

This historical precedent now fuels the debate on whether a similar rollback should be considered for the recent Bybit hack.

What’s more?

On-chain analytics firm Lookonchain revealed that the Lazarus Group currently controls around 489,395 ETH, valued at approximately $1.3 billion, along with 15,000 Mantle Restaked ETH (cmETH) spread across 54 wallets.

Linked to North Korea, the group has been actively moving these stolen assets between wallets to obscure their origins and facilitate on-chain laundering.

In response, Bybit launched a 10% bounty program—offering up to $140 million—to incentivize white-hat hackers to help recover the stolen funds. CEO Ben Zhou also extended his gratitude to industry leaders and firms supporting the platform during this crisis.

Next: Polkadot breaks above THIS major pattern – Will DOT finally rally to $10?
Tags: BybitCEOcommunityEthereumfloatsidearollbacksupport

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