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Bybit's Lazarus Security Lab Reveals Hidden Fund-Freezing Functions Across 16 Major Blockchains

Bybit's report details three types of fund-freezing mechanisms used by 16 blockchains to prevent hacks, with Sui freezing $162 million after a major exploit.

  • On Nov. 12, 2025, Bybit's Lazarus Security Lab released a report finding 16 major blockchains can freeze or restrict user funds after scanning 166 networks with an AI-assisted framework and human validation.
  • Examples from prior hacks explain why projects added controls, including Sui freezing $6.6 million after the Cetus hack and VeChain and BNB Chain actions.
  • By function, chains fall into hardcoded, config-based or contract-based groups with five chains hardcoded and ten layer-1 networks using configuration-based freezing.
  • The study concludes transparency should be a governance pillar, with David Zong noting freezing functions challenge decentralization.
  • Researchers warned another 19 blockchains, including Arbitrum and Cosmos, could add freezing with minor changes, with Cosmos's modular design enabling interventions and Bybit serving over 70 million users.
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Newswire broke the news in on Wednesday, November 12, 2025.
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