Sir Bilyuzz
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Verily, blockchain is the truth. $1.5 billion was stolen from Bybit, and we all know the hacker’s address, yet not a single institution can seize the funds. If this were a bank, the stolen money would have been frozen within minutes, accounts locked, transactions reversed. But this is crypto—where code is law, and ownership is absolute.
This is both the beauty and the curse of decentralization. No government, no regulator, no banker can press a button and take back what was lost. The only way to recover the funds is if the hacker decides to return them or makes a mistake that exposes their identity. Until then, the stolen Ethereum sits untouched, visible for all to see, but untouchable.
And so, the industry moves forward, lessons learned, but the fundamentals remain the same. Self-custody is key. Security is everything. And in this game, control is power—but with control comes responsibility.
@GowBlockChain_And_Web3_Hub!
This is both the beauty and the curse of decentralization. No government, no regulator, no banker can press a button and take back what was lost. The only way to recover the funds is if the hacker decides to return them or makes a mistake that exposes their identity. Until then, the stolen Ethereum sits untouched, visible for all to see, but untouchable.
And so, the industry moves forward, lessons learned, but the fundamentals remain the same. Self-custody is key. Security is everything. And in this game, control is power—but with control comes responsibility.
@GowBlockChain_And_Web3_Hub!
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