Despite growing calls from the crypto industry to roll back the Ethereum network to its pre-Feb. 21 state, before the Lazarus Group’s $1.5 billion hack on crypto exchange Bybit, Ethereum core developer Tim Beiko warns against the idea.

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

Leading crypto exchange, Bybit, reveals that they have experienced a major hack resulting in the loss of digital assets worth approximately US$1.4 bln

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.

The world's second-largest crypto exchange Bybit suffered an exploit Friday that saw it drained of about $1.4 billion worth of ethereum and staked ether.

An outflow of 401,346.76 ETH worth $1.5B was noted by on-chain sleuth ZachXBT, which later turned out to be one of the most expensive hacks to date.

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

A debate is raging in Ethereum circles over a proposal to roll back the network amid Bybit’s $1.4 billion loss to North Korean hackers.