{"id":151772,"date":"2025-02-24T18:00:25","date_gmt":"2025-02-24T16:00:25","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=151772"},"modified":"2025-02-24T16:29:43","modified_gmt":"2025-02-24T14:29:43","slug":"crypto-expert-mike-novogratz-opposes-ethereum-fork","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-expert-mike-novogratz-opposes-ethereum-fork\/","title":{"rendered":"Crypto Expert Mike Novogratz Opposes Ethereum Fork"},"content":{"rendered":"<p data-start=\"0\" data-end=\"426\">Novogratz, who <strong><a href=\"https:\/\/x.com\/novogratz\/status\/1893145870821904617\" rel=\"nofollow\">oversees<\/a><\/strong> one of the largest crypto investment firms, praised Bybit\u2019s swift and effective handling of the situation but expressed concerns over the growing threat of state-sponsored cybercrime.<\/p>\n<p data-start=\"428\" data-end=\"765\">Some industry leaders have suggested using a blockchain rollback to reverse the <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a><\/strong> theft, similar to the 2016 Ethereum DAO hack, but Novogratz firmly opposed this idea.<\/p>\n<p data-start=\"428\" data-end=\"765\">He emphasized that Lazarus has been targeting various cryptocurrencies for years, including Bitcoin and Ethereum, and a rollback would set a dangerous precedent.<\/p>\n<p data-start=\"767\" data-end=\"1183\" data-is-last-node=\"\" data-is-only-node=\"\">While Novogratz acknowledged Bybit\u2019s significant loss, he believes that the focus should be on pressuring North Korea to halt its cybercrime activities rather than altering the Ethereum network.<\/p>\n<p data-start=\"767\" data-end=\"1183\" data-is-last-node=\"\" data-is-only-node=\"\">He stressed that the 2015 Ethereum hard fork was a product of a very different crypto landscape and that the industry is now mature enough to handle such attacks without resorting to drastic measures like network changes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mike Novogratz, the billionaire CEO of Galaxy Digital, has called on global authorities to take stronger action against Lazarus, the North Korean hacking group behind the massive $1.4 billion Ethereum theft from Bybit.<\/p>\n","protected":false},"author":3,"featured_media":32670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[23],"tags":[72,424,271],"coin_category":[],"class_list":["post-151772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto","tag-ethereum"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Crypto Expert Mike Novogratz Opposes Ethereum Fork<\/title>\n<meta name=\"description\" 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