🚨 LATEST: OKX CEO Star Xu says the Binance hack should serve as a wake-up call for the industry, and urges exchange CEOs to unite on stronger shared security standards. “Security is everyone’s responsibility. No company can protect the future of crypto alone.”
Image from Cointelegraph (@Cointelegraph)
Image from Cointelegraph (@Cointelegraph)

Oct 30, 2026 · 2:14 AM UTC

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Industry-wide security standards are long overdue.
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Security always comes first
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the goat
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That guy is a hypocrite. He has always been attacking @binance and now talking about "unity."
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Security should alway be the top priority
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security is everyone's responsibility until it's time to share the blame tbh
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well said
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security must be the top priority for everyone. united we are stronger
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united security standards sounds nice but who's actually enforcing that?
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He has a point about shared standards but exchanges rarely cooperate on this
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Even Yetis know the whole village is safer together 🥶
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xitter.twitterapi.xyz/truthtrencher/status/2…
TruthTrencherX (@TruthTrencher) profile pictureTruthTrencherX
@TruthTrencherOct 30
Hope Elon finally unfollowed this jerk @cz_binance .. tried to warn y’all.. to pardon this criminal was a mistake .. ⬇️ #Binance  #CT #binancehacked @elonmusk
Image from TruthTrencherX (@TruthTrencher)
Image from TruthTrencherX (@TruthTrencher)
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First of all: who on earth keeps their funds on exchanges? Secondly: you should only use them for purchasing, then transfer the assets to cold wallets. Thirdly: it’s truly pathetic that the hack occurred via a developer’s laptop. The world’s largest exchange has billions in capital, yet it can’t even manage to secure its developers' laptops or invest in security in general. That is ridiculous. Just think about that.
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Already happening. Coinbase is blocking sends to the hacked wallets, and Binance says about $3B is frozen. Rivals helping rivals works.
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Honestly, security is everyone's responsibility
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Shared standards would help, but regular people can already do the simple version: keep a little on the exchange for trading and move savings to your own wallet. Would the standard include proof the exchange actually holds everyone's coins?
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Shared standards help. But the one security model that doesn't depend on any CEO already exists: users holding their own keys. An exchange can't lose what it never held.
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shared security standards would be great but the real wake up call is how many people kept everything on one exchange
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Clarity Act is urgently needed to deter comprised activity.
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Well said
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Star's the good guy tonight huh?
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okx ceo already counting the new signups
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Star 这句话算是把窗户纸捅破了：安全要是各家拿来打擂台的卖点，出事那天就没人肯先开口。Bybit、Bitget、币安三连炸，圈内再不联手搞个实时通报加联动冻结，下次还是各家先捂着、黑客先跑路。
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True
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I think the tech needs an advance
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"Security is everyone's responsibility." After a multi-billion hot-wallet drain, writing shared standards is easy. The post-mortem still needs the line on how the signing path got opened.
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shared standards would help everyone honestly
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👀🔥🐦‍🔥 – at Sydney, New South Wales
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unified standards only work if there's enforcement mechanism behind them, otherwise it's just theater.
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他提那几条倒是挺实在：大额提币到陌生地址先验证、拖一拖，签名层直接设限。说白了就是别让一笔几十亿的转账跟点外卖一样顺滑——慢半拍，有时候就是救命。
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Has okx also been stolen?
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Shared standards sound good. One concrete ask: a real-time shared blacklist of hacker addresses across exchanges, so deposits get flagged in minutes, not hours.
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"Security is everyone's responsibility." After a multi-billion hot-wallet drain, shared standards are easy. How the signing path got opened is the line that belongs in the post-mortem.
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Bro has been cooking CZ back to back. Crocodile tears here 😂
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So just one Laptop exposed the entire ecosystem⁉️
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Why not the last hack? Or the one before that? Or how about the one before that? Each one was the greater than the last so why now? Why now these hacks ought to be a wakeup call and not then?
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