GuShiio.com learned that Coinbase director Conor Grogan tweeted that Bybit’s NK hack became the largest theft in history, surpassing the Central Bank of Iraq theft (approximately US$1 billion). The amount of this incident is approximately 10 times the amount of DAO hacking incidents in 2016, although DAO hacking incidents account for a higher proportion of supply (15% versus 0.5%). This incident may spark discussion about Ethereum’s fork. Conor Grogan said that although he believed calls for fork were too radical, he expected a real debate on the issue. Arthur Hayes said that as a large investor with Ethereum, he believes Ethereum has been no longer a currency since the 2016 DAO hacking hard fork. He said that if the community decided to roll back again, he would support the decision because the community had voted against immutability in 2016, so why not do it again?
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