Blockchain Freezing Capabilities Under Scrutiny

A new study conducted by Bybit’s Lazarus Security Lab has brought to light a significant finding: 16 prominent blockchain networks have the inherent capability to freeze users’ crypto assets directly on-chain. This functionality allows blockchain foundations or validators to intervene and restrict transactions. While often implemented as a security measure to mitigate hacks and other risks, this mechanism undeniably challenges the foundational principle of decentralization within the crypto ecosystem.

Bitcoin Holders Exhibit Strong Conviction Amidst Bear Market

In a separate development, the Bitcoin market is witnessing an intriguing phenomenon. Despite the prevailing bearish sentiment and downward price action, major investors are demonstrating remarkable resilience and confidence. These key players are actively accumulating Bitcoin, scooping up the asset at a rapid pace. This steady interest and significant accumulation benchmark suggest an unshaken belief in BTC's long-term value, potentially setting the stage for a future rebound as demand continues to grow.