OKX CEO Star addressed recent concerns about wallet vulnerabilities, clarifying that the risk originates from compromised user devices rather than the OKX Web3 wallet itself. The investigation revealed that hackers exploited Trojan software to control user devices, stealing encrypted files and passwords by modifying JavaScript code or monitoring keystrokes. Star emphasized that the OKX Web3 wallet is fully self-custodied, with private keys and passwords stored only on user devices, making device security paramount.
Users are urged to avoid installing unknown software or plugins and to regularly check their device security. Proper protection of mnemonic phrases and private keys is essential, as no wallet can ensure security if the user's device is compromised.
OKX CEO Clarifies Wallet Security Misunderstandings
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