OKX CEO Calls for Exchange-Level Security in DEX Wallets

2 mins mins

Key Points:

Star Xu highlights risk; $255k stolen due to vulnerabilities.
CEO advocates stronger security, echoing past crypto incidents.
DeBot team offers compensation; ongoing theft poses risks.

On December 28, 2025, OKX CEO Star Xu addressed the DeBot security incident on X, emphasizing wallet theft risks and advocating for exchange-level security standards..

This incident underscores the need for heightened security measures in decentralized platforms, as ongoing theft potentially exacerbates losses, highlighting vulnerabilities in digital asset storage and management.

The DeBot team announced compensation post-incident and continues to emphasize implementing higher security measures.

Yu Xian, founder of Slow Fog, a blockchain security firm, posted on X that ongoing thefts have put users at risk. The broader crypto community is on alert, given the continuation of hacks similar to those seen earlier in 2025. OKX’s call for enhanced security standards reflects an urgent demand within the industry for improved defenses against increasing cyber threats.

2025 Crypto Hacks Hit $3.4B: Experts Push for Protocols

Did you know? In 2025, crypto hacks have resulted in losses totaling $3.4 billion, highlighting a persistent threat that parallels the current DeBot wallet incident.

The DeBot incident fits into a larger narrative of increasing crypto security breaches. Earlier in 2025, Bybit and Flow blockchain faced significant losses, underscoring the persistent vulnerabilities in digital asset storage platforms. With DeBot’s AI trading tool compromised, the incident joins the list of cybersecurity concerns experienced by decentralized financial entities.

Security experts stress that the financial, regulatory, and technological landscape will need to adapt rapidly to combat these threats. The call for rigorous security might lead to standardized protocols, protecting the decentralized exchange ecosystem from similar breaches. Industry leaders continue to advocate for heightened awareness and more robust security measures.

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