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CZ Binance Discusses Bitcoin Rollback After $41M Theft; Concedes It's Not Possible

Published 05/08/2019, 03:14 AM
Updated 05/08/2019, 04:21 AM
© Reuters.   CZ Binance Discusses Bitcoin Rollback After $41M Theft; Concedes It's Not Possible
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It’s a tough day at Binance today, with the exchange announcing the discovery of a security breach which cost it over $41 million in user funds. CEO CZ (Changpeng Zhao) took to Twitter to share more details and also spoke of a discussion about rolling back the Bitcoin blockchain.

However, CZ’s implication that the Bitcoin network could be rolled back to nullify certain transactions drew criticism from some in the community, notably WhalePanda.

“While we're at it, can we please undo the Bitfinex ha...

This article appeared first on Cryptovest

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