# Rollback Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Rollback", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Paradex Rollback Criticized, HIP-3 Competition Heats Up: What Happened in the Mainstream Ecosystems?

Over the past 24 hours, the crypto market has seen significant developments across multiple areas. The New York Stock Exchange (NYSE) announced a blockchain-based securities trading platform, sparking optimism about RWA (Real World Assets) adoption, though technical and regulatory challenges remain. The "Trove闹剧" incident, involving an alleged rug pull and undisclosed KOL promotions, led to community backlash and discussions on ICO transparency and accountability. WalletConnect introduced a POS payment product aiming to enable on-chain settlements, though adoption faces hurdles in existing payment infrastructure. On Solana, Magic Eden revealed a revenue-sharing model, directing 15% of platform earnings to $ME token buybacks and staking rewards, receiving positive community feedback. Ethereum ecosystem updates included MegaETH's upcoming stress test targeting high TPS, a partnership between Coinbase/Circle and Bermuda to build a digital economy, and ENS launching a Google BigQuery dataset for easier data analysis. In the Perp DEX space, competition for Hyperliquid's HIP-3 deployment intensified, with expectations of a crowded field and high bidding costs. Analysis revealed that much of the trading volume is algorithm-driven and incentive-based rather than organic. Additionally, HyperLend announced its token launch, and Trade.xyz upgraded to isolated margin mode. A major controversy emerged when Starknet-based Paradex performed a chain rollback due to a pricing error that caused unjust liquidations, leading to widespread criticism about the reliability and decentralization of on-chain DEXs, with comparisons drawn to Solana's stability.

marsbit01/20 04:15

Paradex Rollback Criticized, HIP-3 Competition Heats Up: What Happened in the Mainstream Ecosystems?

marsbit01/20 04:15

What Flow Network’s ‘isolated recovery’ plan after $3.9 mln hack entails

Following a $3.9 million hack, the Flow blockchain has initiated an 'isolated recovery' plan after abandoning an initial proposal to perform a full-chain rollback. Validator consensus has been reached on a software upgrade, with testing underway. The new plan focuses on resuming normal chain operations while restricting addresses linked to the attack, avoiding a rollback that would have impacted innocent users who conducted transactions post-incident. The rollback was deemed ineffective since the hacker had already moved funds off-chain. Key partners, including Dapper Labs, support the revised approach, which prioritizes user safety and network recovery. Meanwhile, Flow’s native token, FLOW, fell over 40% in the aftermath of the breach.

ambcrypto12/29 23:01

What Flow Network’s ‘isolated recovery’ plan after $3.9 mln hack entails

ambcrypto12/29 23:01

Hacker Attack Halves Flow, Rollback Plan Sparks Civil War in Ecosystem

Flow, a Layer 1 blockchain built by Dapper Labs, suffered a major security breach last Saturday when a hacker exploited an execution layer vulnerability, transferring approximately $3.9 million in assets off-chain. The attack caused the price of FLOW to plummet by over 50%, dropping from $0.173 to $0.079, though it later partially recovered to around $0.107. Initially, the Flow Foundation proposed rolling back the network to a checkpoint before the attack occurred, which would have erased all transactions within a six-hour window. This decision was met with strong opposition from ecosystem partners, especially cross-chain bridges like deBridge and LayerZero, who warned that a rollback could cause asset duplication, inconsistencies, and significant losses for legitimate users. Facing community backlash and partner concerns, the foundation abandoned the rollback plan. Instead, it adopted an "Isolation Recovery Plan" developed in coordination with key partners. The new strategy involves no chain reorganization, preserves all legitimate user transactions, and temporarily restricts accounts that received illicitly minted tokens. The network will be restored in multiple stages, with full functionality expected within 24 to 48 hours. The incident has raised questions about network reliability and governance, shifting the crisis from a technical issue to a broader challenge of trust in Flow's decentralized integrity.

marsbit12/29 05:18

Hacker Attack Halves Flow, Rollback Plan Sparks Civil War in Ecosystem

marsbit12/29 05:18

Hacker Attack Cuts Flow in Half, Rollback Plan Sparks Civil War Within Ecosystem

A severe hack targeting the Flow blockchain, developed by Dapper Labs, led to the theft of approximately $3.9 million due to an execution layer vulnerability. The incident caused the token FLOW to plummet by over 50%, dropping from $0.173 to $0.079, though it later partially recovered to around $0.107. Initially, the Flow Foundation proposed rolling back the network to a checkpoint before the attack to remove all transactions within a six-hour window, aiming to eliminate fraudulent activity. However, this plan faced strong opposition from cross-chain bridge partners and community members. Key partners, including deBridge and LayerZero, warned that a rollback could cause severe issues like double-spending and inconsistent asset states across chains, potentially harming legitimate users and bridge operators. Under significant criticism, Flow abandoned the rollback plan and instead adopted an "Isolation and Recovery" strategy. This new approach involves no chain reorganization, preserves all legitimate user transactions, and temporarily restricts accounts that received illicitly minted assets. The recovery is being executed in phases, with Cadence environment repairs prioritized first, followed by gradual reactivation of EVM functionality and cross-chain services. The incident sparked a broader debate about decentralization and chain integrity, with critics arguing that the initial rollback proposal revealed excessive centralization. The revised recovery plan has eased some tensions, but the event remains a significant test for Flow's ecosystem stability and trustworthiness.

Odaily星球日报12/29 05:09

Hacker Attack Cuts Flow in Half, Rollback Plan Sparks Civil War Within Ecosystem