OKX: The crypto industry should establish a security response mechanism
2026-10-30 06:33:07
According to CoinMeta, the founder of OKX stated that the crypto industry, including exchanges and stablecoin issuers, should work together to establish a sector-wide security response mechanism. He emphasized the need for a real-time alert system that allows participants to share information immediately in the event of a hacker attack, coordinate a rapid response, and temporarily freeze any suspicious stolen funds before they are transferred or used for money laundering. He pointed out that speed is of utmost importance, and standardized protocols, clear responsibilities, and appropriate safeguards should be established to ensure that action can be taken within minutes, rather than hours or days. Protecting users and their assets should be the common responsibility of the entire industry, not just of individual platforms.
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