16 Blockchains That Can Freeze Your Crypto! Find Out Which Ones – Bybit Reveals Shocking Report

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Hold onto your digital wallets, folks! A new bombshell from Bybit’s Lazarus Security Lab has dropped like a lead balloon. Turns out, a whopping 16 major blockchain networks have the power to freeze your precious crypto ON-CHAIN. Yes, you heard that right! Freeze your funds like a popsicle on a cold winter day. But don’t worry, it’s all for your own safety… or is it?

Bybit Exposes the Blockchains That Can Hold Your Crypto Hostage

In a stunning press release, Bybit has laid bare a list of blockchains that can freeze your funds faster than you can say “decentralization!” Their new study dives into this alarming feature, and spoiler alert: they didn’t find just one or two. Oh no, they uncovered 16 blockchain networks with freezing powers-AND, 19 others that might soon join the “freeze team” in the future. Brrr! ❄️

So, how did Bybit’s crack team of researchers figure this out? With the help of an AI agent, they dove deep into the blockchain code like it was a mystery novel. Unfortunately, most of these networks don’t exactly make it easy to find these features. But fear not! Our heroes manually sifted through the code like a detective in a cheap trench coat, looking for clues. 🕵️‍♂️

Now, let’s break down how these freezing mechanisms work. Drumroll, please! 🥁

  • Hardcoded Freezing: It’s like an ice cube embedded in the core of the blockchain itself. Networks like Chiliz (CHZ), Viction (VIC), and Binance Coin (BNB) have this feature. They’re just waiting for the moment to freeze your assets, so watch out! ❄️
  • Configuration-based Freezing: Think of this as a thermostat for your crypto. Validators or foundations can turn the freezing switch on or off. You’ll find this fun feature in Harmony (ONE), Havah (HVH), and even Aptos (APT). Can you feel the chill? 🧊
  • On-chain Freezing: This one’s like a secret agent that executes freezing through system-level contracts. Huobi ECO Chain (HECO) has it. And trust us, it’s cold. 🥶

Bybit’s report also reminds us that this freezing business is a lot like a bank locking your account to “protect” your funds. Uh-oh, is this the beginning of a blockchain dictatorship? The research sheds light on this chilly feature to give us a clearer picture of where things are headed. 🔒

Blockchain Freeze Tales From the Crypto Trenches

But wait! There’s more! Bybit’s Lazarus Security Lab has dug up real-life examples of crypto freezing in action. Like in 2025, when the SUI Foundation froze a cool $162 million after the Cetus Protocol hack went down. They stopped the loss of over $220 million, but let’s be real-freezing your funds might just leave you with a slightly chilly feeling inside. 😬

Oh, and in 2022, BNB Chain did a freeze dance after a $570 million bridge exploit. They put those blacklists to work like a bouncer at an exclusive club, keeping the bad guys out. Not to mention VeChain’s early freeze in 2019 after a $6.1 million hack. Talk about a cold reception! 🥶

While these freezing functions can act as emergency measures during large-scale attacks, Bybit reminds us that centralization is still a looming worry. Decentralization was the whole point of blockchain, right? But hey, safety first… even if it means taking away your free will to move your crypto. Welcome to the future! 💼

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2025-11-14 02:24