Blockchain Freeze Mechanisms Under Scrutiny: New Report Examines Security Measures

A recent report from Bybit’s Lazarus Security Lab sheds light on the growing prevalence of blockchain freeze capabilities in crypto networks. The report, titled ‘Unveiling Blockchain Freezes: Examining the Impact of Blockchain Fund Freezing Capabilities,’ analyzed 166 blockchain protocols and found that a significant portion possess mechanisms for directly freezing or restricting user funds. While 16 chains offer inherent fund-freezing capabilities, further adjustments could potentially unlock similar functionality in other platforms.