Blockchain Centralization: 16 Major Chains Can Freeze User Funds

Wednesday, Nov 12, 2025 10:32 am ET1min read
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A new report by Bybit's Lazarus Security Lab found that 16 major blockchains can freeze user funds, while 19 more could do it with minor changes. Major chains like BNB, VeChain, and CHILIZ can perform hard-coded freezing, while others like Sui and Aptos can freeze funds via configuration files managed by validators. Some of these chains have already executed the freezing function.

Blockchain Centralization: 16 Major Chains Can Freeze User Funds

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