OKX CEO Star: We will work with industry partners to develop control standards and continue to combat abuses

According to PANews on March 17, OKX CEO Star responded to the news that "OKX DEX is upgrading and aggregator trading services are suspended" and said that OKX Web3 has launched a number of control measures, including IP blocking for restricted markets and real-time blacklist address detection and interception systems to combat abuse. Star revealed that OKX will continue to work with global partners in the future to jointly develop industry control standards.

In addition, Star emphasized that the OKX DEX aggregator will not touch or store user private keys, nor will it host user funds. All transactions must be signed and executed by the user with their personal private keys. OKX Web3 itself does not have the ability to execute any transactions. Its role in the blockchain industry is similar to Chrome and Google in the Internet industry, focusing mainly on providing software and services. He also pointed out that many well-known companies also provide similar aggregator services, and OKX Web3 has greater influence in the industry due to community support.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
6 hour ago
7 hour ago
8 hour ago
18 hour ago
19 hour ago
20 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读