Ethereum getting hacked again for the ten thousandth time is a very normal thing for shitcoins.

And yet there are still plenty of idiots buying it up. Altcoins are a security nightmare and are the hackers paradise, but they will never run out of victims.

Ethereum is 100% a shitcoin.  Everything other than Bitcoin is.  If it doesn't have a fixed supply, it is a shitcoin.  If it doesn't have Proof of Work.  Shitcoin. 

Saying it wasn't Ethereum that got hacked shows you're missing the entire point.  The Ethereum Foundation is voting whether or not to rollback their blockchain again.  It's highly likely we're going to end up with a 3rd Ethereum chain.  I hope that President Trump is watching all this unfold and realizes what a terrible idea it is for the United States to buy anything other than BTC.

I want to share my thoughts for those who may not be aware.

I believe the biggest mistake made by the founder of Ethereum was transitioning from proof of work (PoW) to proof of stake (PoS). In my opinion, this decision has been detrimental to the cryptocurrency space.

If Ethereum had remained a PoW system, I think the price wouldn't be as stagnant as it is now. Additionally, the blockchain would be even more secure than it currently is.

It's disheartening to see that, after Satoshi Nakamoto set a solid example for future founders, many have chosen to pursue different paths in order to stand out. However, nothing surpasses the principles of proof of work and decentralization.

Without these two elements, I believe a project lacks value.

Crypto market doesn’t seem to care too much, a slight dip but Bitcoin is still in the same range it’s been in for a couple of weeks. Nothing to be concerned about & I feel we will start to move up soon & leave this $95,000 to $100,000 range behind. Strong hands always win in the end, eyes on the prize.

You could have atleast pointed your readers to the bybit's official handle on X for them to begin from there, some one who's not active or does not have crypto X may find it hard to locate this news.

But anyways, it's a very sad event for bybit, and I am actually happy the hackers went for bybit, knowing fully well they are capable of containing the loss, for if it had been any other exchange aside Binance and Coinbase, we may likely be waving goodbye to a crypto business by now, while users will be left to count their loses.

But again, still a very unfortunate incident, and I pray bybit is able to recoup their loses soon, I have some funds on the exchange, glad they choose not to let the incident affect their users ❤️

It can't be possible to always stay vigilant no matter what, staff and devs are vulnerable to any external attacks from hackers coming in form of business negotiations or something similar, you can't always detect and know it immediately because it's hard to be extra careful.

Binance and other top tier exchange has faced many hack challenges, so Bybit can't be exempted because they have lots of workers passing information knowingly or unknowingly.

Agree and I don't care much about what going to happen on Bitcoin rather than thinking about Ethereum. Since price movement of Bitcoin is important. And we can see that there's no much big effect happen so we can say that everything is fine despite of those hacking incident happen with Bybit.

Don't know if there's need to change back from their original network but for sure Bitcoin people and those voting could help the ecosystem. But lets see what will happen on those actions they do since maybe we can see some changes of sentiments and people might think that Ethereum is not a shitcoin but rather a good alternative one. Its bad idea for them to buy different alts and they better focus on Bitcoin to eliminate those huge risk to lose a lot of money from possible fast dump on shitcoin's scene.

Another thread about Bybit hack.
Bybit ETH multisig cold wallet got hacked.

Maybe there will be more threads about Bybit from people who did not search, did not read, but only want to create their own threads for discussion on something trendy.

I sympathize with everyone who was a victim but it becomes another lesson to those who have refused to learn that storing on CEX is bad, and to those who also have no idea about it because of their newness to cryptocurrency. This is very discouraging to those who are not strong willed and will likely quit cryptocurrency with this kind of news accepting to stay with traditional banks because they have a place they can go to complain when thinmgs like this happen to them.

I'm grateful for the person who introduced me to cryptocurrency because I was well warned about all this both from the person and from members of this forum. I think guidance is a very important side of learning cryptocurrency and for anybody new in cryptocurrency who we introduce to it we should take it a personal responsibility to make sure that they do not fall victim to this kind of issues by educating them properly on how to store their cryptocurrency.