Ethereum just suffered a $1.4B hack, draining Bybit’s cold wallet in one of the biggest crypto exploits ever. Now, the crypto world is split—should Ethereum roll back the chain like it did after the 2016 DAO hack? Arthur Hayes says yes, but critics argue it would prove centralization and destroy credibility. Meanwhile, doing nothing means hackers—possibly tied to North Korea—keep the funds, raising U.S. sanction risks. Is Ethereum stuck in an impossible dilemma?
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