OKX says Coldcard exploit triggers ‘record’ inflows to centralized exchanges
The Block·
60-second summary
OKX is experiencing record inflows to its centralized exchange following a Coldcard exploit, as users seek to withdraw their funds. The exchange prevented $26.3 million in scam-related losses by stopping suspicious transfers in the first half of the year. This influx is likely due to users' increased reliance on centralized exchanges for security and stability.
During the first half of the year, OKX told The Block it prevented $26.3 million in scam-related losses by stopping suspicious transfers.