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Crypto "Kill Switch" Exposed: Bybit Warns 16 Blockchains Can Freeze User Funds

Bybit has reported that 16 blockchains include fund-freezing features via hardcoded, configuration, or contract methods, noting added security use cases alongside centralization risks, and urging greater transparency on intervention capabilities.The post Crypto "Kill Switch" Exposed: Bybit Warns 16 Blockchains Can Freeze User Funds appeared first on Cryptonews.

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