Mike Novogratz, CEO of crypto investment firm Galaxy Digital, made significant remarks following the recent attack on the Bybit exchange. He highlighted that approximately $1.4 billion worth of Ethereum $2,687 was stolen, suggesting a possible connection to the North Korea-linked Lazarus hacker group. Novogratz emphasized the need for increased international collaboration in response to this incident. The Bybit attack has raised discussions about the necessity for new security measures in the industry, signaling a potential vulnerability.
Bybit’s Response and Ethereum Rollback Debates
Bybit acted swiftly to mitigate the effects of the attack, announcing steps to compensate users for their losses. However, some industry representatives brought up the idea of rolling back past transactions on the Ethereum network, arguing that such an action could help recover stolen assets. The proposal to retroactively alter the network sparked significant debate within the community…
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