Ethereum developer details technical barriers to reversing $1.4b Bybit hack

An Ethereum developer provided an explanation of why the network cannot “rollback” transactions to recover Bybit’s stolen $1.4 billion. The analysis compares the current situation with two historical cases where blockchain reversals were feasible. In 2010, Bitcoin successfully rolled back…

Feb 23, 2025 - 22:00
Ethereum developer details technical barriers to reversing $1.4b Bybit hack
An Ethereum developer provided an explanation of why the network cannot “rollback” transactions to recover Bybit’s stolen $1.4 billion. The analysis compares the current situation with two historical cases where blockchain reversals were feasible. In 2010, Bitcoin successfully rolled back…

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