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

Published on February 25, 2025
Following the recent 1.4 billion ETH hack on Bybit, Samson Mow, an influential figure in the cryptocurrency community, is calling for an Ethereum rollback. Bybit, a leading cryptocurrency exchange, experienced a massive security breach resulting in the theft of 1.4 billion ETH. Mow believes that a rollback is necessary to restore the stolen funds and prevent further damage to the Ethereum network. However, this proposal has sparked a heated debate among the Ethereum community, with many arguing against the rollback due to its potential implications for the blockchain's immutability and credibility. As the discussions continue, it is advisable to seek professional guidance from Stocks Prognosis to understand the potential impact of this incident on the price movement of ETC-USD Ethereum Classic USD.

Investor opinions & comments

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M

MoneyMiles

February 28, 2025 at 17:39

Finding a solution without compromising the blockchain's immutability should be the priority. A rollback may not be the only answer

R

RileyHughes

February 28, 2025 at 15:31

Let's hope the Ethereum community can find a consensus that ensures the security and integrity of the network

S

SmartSabrina

February 27, 2025 at 07:24

I'm curious to see how this situation will unfold and what measures will be taken to prevent future hacks

J

JasonLewis

February 27, 2025 at 00:40

This is a serious security breach, and it's understandable to consider a rollback to recover stolen funds

E

EmilyMiller

February 26, 2025 at 20:45

It's reassuring to see discussions and debates surrounding the incident to ensure transparency and accountability

J

JasonLewis

February 26, 2025 at 12:37

The rollback could potentially cause more harm than good. It's important to carefully weigh the pros and cons before deciding

C

CashChris

February 25, 2025 at 16:37

This incident highlights the need for robust security measures within the cryptocurrency industry

D

DividendDiane

February 25, 2025 at 14:33

Rolling back the Ethereum blockchain sets a dangerous precedent and undermines its credibility

W

WealthyWanda

February 25, 2025 at 06:10

Samson Mow's proposal raises an important discussion about the security and immutability of blockchain networks