Bitcoin ethereum love post Post $ 1.4B bybit Cyber ​​Requist

Shamson MoOne of the strong Bitcoin supporters, suggested a retreat from ethereum Eth/USD Blockchain. This comes in the wake of a huge theft of $ 1.4 billion of BypticernCe Carping bybit, which was organized by North Korean infiltrators.

What happenedIn a post on X, MWW suggested that Ethereum, the dominant smart nodes platform, should be carried out a solid fork. The aim is to return the money extending to the Bybit and obstructing the North Korean government from exploiting stolen assets.

Vow his support for the ETHEREUM series decline, saying: “I completely support the retreat of the ETHEREUM series (again) until the stolen eth is returned to Bybit and also to prevent the North Korean government from using these funds to finance their nuclear weapons program.”

Blockchain, a process of reflecting confirmed transactions to restore the chain to a previous case, is usually started, after a major security violation. In the case of Ethereum, the decline will lead to a difficult thorn, closer to those that occurred in 2016 during the penetration of Ethereum Dao.

Also read: The Lazaros Group in North Korea is suspected of penetrating Crypto $ 1.4 billion

In the lighter vein, the MWW suggested that the new IUD series should keep ETH Ticker, while the current power can be renamed as “Ethnk”. Investors also warned against refraining from the ETH trading until the case is fully resolved.

As of now, ETHEREUM is trading at $ 2770, which reflects 4 % increase during the last day.

Why do it matterThe proposed decline and the solid fork of Ethereum’s Blockchain is an important development in the world of encryption. It emphasizes the security weaknesses that continue in the ecosystem of digital assets and potential measures to alleviate the impact of these violations.

The situation also sheds light on the geopolitical effects of theft of cryptocurrencies, with the participation of the alleged North Korean infiltrators.

The result of this position can be put a precedent for how the encryption industry responds to these future security violations.

Read after that

The BYBIT founder says that penetration of $ 1.4 billion may stem from a secure compromise solution