Ethereum core developer Tim Beiko said in a Feb. 22 X post that the “reasonably sounding proposal” for an Ethereum network rollback after the significant Bybit hack is “technically intractable.”

Bybit has suffered the largest hack in cryptocurrency history, with $1.4 billion drained from its wallets. Ethereum futures traders saw mass liquidations, with $76 million wiped out in four hours

Crypto exchange Bybit is offering up to $140 million for help recovering the $1.4 billion in Ethereum swiped in Friday's exchange hack.

Bybit CEO Ben Zhou discusses the possibility of rolling back the Ethereum blockchain network to a state before the February 21 hack occurred.

Crypto exchange Bybit was attacked Friday, CEO Ben Zhou confirmed, with more than $1.4 billion worth of funds apparently swiped.

Bybit has fallen victim today to one of the largest crypto hacks ever recorded, with hackers reportedly stealing over $1.4 billion worth of ETH.