Update
OKX Updates Custody Model and Security Measures
OKX, a cryptocurrency exchange, has updated its custody model and security measures in response to industry incidents. The company has outlined its custody infrastructure, asset movements controls, threat prevention and response capabilities, and the additional protection available to eligible customers through OKX Shield. Following a review of their systems, OKX found no evidence of intrusion or impact to the platform, ensuring customer assets remain secure and the platform continues to operate normally. Customer assets are held 1:1 and kept separate from the exchange's own, with layers of control to prevent unauthorized movements. Dedicated reserves are available to cover losses in the event of a hot wallet compromise, and every withdrawal is screened against compliance and risk controls before signing.