Post #24299

After analyzing 166 blockchains, Bybit’s Lazarus Security Lab found 16 networks that can freeze or restrict user funds, raising questions about decentralization. In the config-based freezing category, Bybit’s security team mentioned the layer-1 blockchains Aptos, Eos and Sui. Among the five blockchains with freezing capabilities embedded directly in their source code, Bybit analysts identified BNB Chain, VeChain, Chiliz, Viction and XinFin’s XDC Network. The Heco chain, also known as the Huobi Eco Chain, is the only blockchain to manage a blacklist through an onchain smart contract, the report said. Addressing the 19 blockchains that could potentially introduce fund freezing mechanisms, Bybit’s security team paid specific attention to module accounts in the Cosmos ecosystem. https://cointelegraph.com/news/bybit-analysts-16-blockchains-freeze-user-funds