Has OKX ever been the victim of a hacking incident in the past?" This question arises out of a genuine concern for the security measures employed by OKX, a platform that many rely on for their cryptocurrency transactions and investments. Given the increasing frequency of cyberattacks and the high stakes involved in the cryptocurrency world, it's natural to wonder if such a renowned exchange has ever fallen prey to such malicious activities. Understanding the history of OKX's security breaches, if any, could provide valuable insights into its resilience and preparedness in the face of potential threats. It could also inform investors and users about the measures they should take to safeguard their assets on the platform.
7 answers
CryptoTamer
Fri May 10 2024
The official Chinese profile of the platform announced an incident this morning.
KatieAnderson
Fri May 10 2024
The situation arose due to the loss of management powers by an abandoned market maker.
StormGlider
Fri May 10 2024
The affected market maker was DEX.OKX DEX, a decentralized cryptocurrency exchange.
Lorenzo
Thu May 09 2024
Last night, DEX.OKX DEX was hacked, resulting in significant financial losses.
MysticInfinity
Thu May 09 2024
The hack led to the loss of approximately $2.7 million.