Update
OKX CEO Calls for Crypto Exchange Cooperation After Binance Hack
OKX CEO Star Xu has called for greater cooperation between competing crypto exchanges, including OKX, after Binance reported a $6.3 billion security breach. Xu, who has a history of disagreements with Binance founder Changpeng Zhao (CZ), emphasized the need for security to be a shared responsibility in the crypto industry. He highlighted recent security breaches at Bybit, Bitget, and Binance, and called for real-time incident-response protocols and coordinated freezing mechanisms to protect users and rebuild trust.