Yuga Labs Blockchain vice president, known as 0xQuit, said that reversing transactions after the February 21 Bybit hack could disrupt Ethereum’s infrastructure, with financial consequences exceeding the $1.5 billion loss

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Yuga Labs Blockchain vice president, known as 0xQuit, said that reversing transactions after the February 21 Bybit hack could disrupt Ethereum’s infrastructure, with financial consequences exceeding the $1.5 billion loss

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Yuga Labs Blockchain vice president, who goes by the X handle 0xQuit, said the impact of a rollback would be much “larger than $1.5B.” “Thousands of innocent people would lose money, thousands more would gain money they shouldn’t,” Quit said in an X post. Quit added:
“Quit,” vice president of blockchain at Yuga Labs, posted several security recommendations on X, encouraging users to employ multisignature wallets, hardware wallets, and transaction simulations for enhanced safety.

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