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Ethereum Rollback Suggested After $1.5 Billion Bybit Hack

  • BitMEX co-founder Arthur Hayes suggests Ethereum rollback to cancel stolen funds after the Bybit hack.
  • The suggestion is based on Ethereum's previous action in 2016 when a hard fork was used to address a security breach.
  • Bybit recently experienced a hack resulting in the loss of $1.4 billion worth of Ethereum, the largest in crypto history.
  • There is debate within the Ethereum community regarding the rollback, as it could violate decentralization and immutability principles.

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