World Liberty Financial (WLFI) announced that its on-chain blacklisting features successfully blocked several hacking attempts targeting token holders this week. Security teams identified phishing campaigns that aimed to trick investors into signing malicious transactions.
The WLFI smart contract includes a governance-controlled blacklist module, enabling the project to freeze tokens held by flagged addresses. In collaboration with on-chain analytics firm CertiK, the team screened suspicious wallet activity, isolating over $50 million in potential thefts and preventing unauthorized transfers.
Users reported receiving malicious links via fraudulent Telegram and email channels. Upon detection, WLFI governance proposals passed within hours to blacklist multiple addresses, effectively freezing stolen funds and facilitating recovery efforts. The community has lauded the rapid response, with governance turnout reaching 78% participation.
Security experts highlight WLFI’s approach as a model for other DeFi tokens, balancing decentralization with protective measures against exploits. As on-chain governance evolves, token projects may adopt similar mechanisms to strengthen investor confidence and deter bad actors.
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