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OKX Says Review Found No Evidence It Was Affected by Binance Event

The exchange said customer assets are held separately from company assets at a 1:1 ratio, with most funds in offline cold wallets.

A steel vault wheel sits locked beneath harsh ceiling lights / TokenPost.ai
A steel vault wheel sits locked beneath harsh ceiling lights / TokenPost.ai

OKX said Monday that a review of its internal systems, custody infrastructure and trading controls found no evidence it was compromised or affected by a recent security event involving Binance. The exchange said platform operations remained normal.

OKX said customer assets are kept separate from company assets at a 1:1 ratio. Most customer funds are held in offline cold wallets, while hot wallets hold funds needed for withdrawals.

The exchange cited multisignature or multiparty computation controls, withdrawal risk screening and automated circuit breakers. It also said it maintains a reserve for losses from a hot-wallet breach.

The statement follows OKX’s earlier amplification of an @star_okx X post alleging security incidents involving Bybit, Bitget and Binance.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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