OKX Star: The crypto industry should establish a cross-platform security response mechanism
2026-10-30 08:05:01
According to CoinMeta, OKX Star indicates that the crypto industry should establish a cross-platform security response mechanism to freeze suspicious funds within minutes after a hacker attack occurs. Circle, co-founder and CEO Jeremy Allaire, stated that Circle is closely monitoring potential security vulnerability incidents involving Binance and has frozen over 800 million USDC related to that incident in accordance with the coordination requirements of law enforcement authorities. OKX Star recommends establishing a real-time early warning system to enable industry participants to share information immediately upon a hacker attack, coordinate a rapid response, and temporarily freeze suspicious funds before the stolen funds are transferred or used for money laundering. He emphasized that response speed is crucial, and the industry should develop standardized operating protocols, clarify responsibilities of all parties, and implement appropriate security measures to ensure that action can be taken within minutes. Protecting users and their assets should be the common responsibility of the entire industry, rather than the sole duty of any single platform.
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Source:Internet
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