Bybit Security Lab identifies 16 fund-freezing functions in major blockchains

The Lazarus Security Lab’s report reveals 16 major blockchains have fund freezing functions, and 19 others can implement them with slight modifications. The three identified types include hard-coded, configuration-based, and contract-based freezing.

Sui managed to freeze 162 million USD in stolen assets, while BNBChain protected funds from a major attack totaling 570 million USD. David Zong emphasized that transparency in these mechanisms is key to enhancing industry trust.