OKX Hacked: Victims Reimbursed, 2FA Security Beefed Up

Published 12/06/2024, 12:55
Updated 12/06/2024, 13:45
OKX Hacked: Victims Reimbursed, 2FA Security Beefed Up

Coin Edition -

  • OKX users who were recently affected by a hack received full compensation from OKX.
  • The exchange decides to add a mandatory Google Authenticator to avoid similar incidents.
  • SlowMist reported earlier that the accounts were compromised by a SIM-swapping attack.

The two OKX users who were recently hacked received their full compensation from OKX. . Chinese crypto journalist Colin Wu had a report on two user accounts that were hacked through SMS and email hijacking.

On June 9, 2024, Blockchain security firm SlowMist founder Yu Xian reported a major exploit in the OKX ecosystem, resulting in the loss of funds for two OKX users. The users’ accounts were reportedly compromised in a SIM-swapping attack due to a vulnerability in the platform’s Two-Factor authentication (2FA) security system.

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