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OKX Outlines Security Measures Following Binance Incident

OKX, in response to the security incident at Binance, has outlined four security measures to protect customer assets. The exchange acknowledges that no exchange can promise complete protection and is working around the clock to identify and prevent suspicious activities. OKX is tracking movements of funds linked to the incident and is preparing for potential liquidity shortages and forced trade closures to limit the impact on users and the broader market. The exchange is also reviewing internal controls and software development tools for potential vulnerabilities.

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