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Bybit Report Reveals Fund-Freezing Features in 16 Blockchains, Sparking Decentralization Debate

Bybit: 16 Chains Can Freeze Funds

Dario Cesaro avatar
Written by Dario Cesaro
Updated this week

A recent report from Bybit's Lazarus Security Lab has revealed that 16 major blockchains possess built-in mechanisms to freeze user funds. This discovery has reignited discussions about the true nature of decentralization in the cryptocurrency space, as these capabilities allow for intervention in user transactions.

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