$ETH On February 21, 2025, Bybit, a Dubai-based cryptocurrency exchange, suffered a significant security breach resulting in the theft of approximately $1.5 billion in Ethereum. The attackers manipulated a routine transfer from a cold wallet to a warm wallet, gaining control and transferring over 400,000 ETH to an unidentified address. Despite the loss, CEO Ben Zhou assured users that all client assets remain fully backed, and operations continue without interruption. This incident has sparked debate within the crypto community about the possibility of an Ethereum blockchain rollback to recover the stolen funds.