OKX Hit by Crypto Theft: Security Breach Exposed

The post OKX Hit by Crypto Theft: Security Breach Exposed appeared first on Coinpedia Fintech News

OKX has reported a crypto theft linked to a breach in its SMS notification security. Many users have experienced thefts as attackers exploited the SMS risk notifications to create new API keys with permissions to withdraw and trade. The exchange is currently conducting a thorough investigation, has reached out to the affected users, and has promised full accountability if found at fault. Similarly, Binance has recently experienced a comparable incident. Additionally, OKX reassured its users of their commitment to resolving the issue and requested patience during the investigation process. They also recommended enabling 2FA to prevent further breaches.