OKX Reports Record Exchange Inflows After Coldcard Exploit
OKX Reports Record Exchange Inflows After Coldcard Exploit OKX Chief Compliance Officer Jonathan Brockmeier said the recent Coldcard exploit, one of the largest bitcoin hardware-wallet thefts on record, is pushing users back toward centralized exchanges. “We're seeing record levels of inflows now to centralized exchanges post-Coldcard,” according to Brockmeier, adding that the trend is “the flip side of FTX,” when users rushed into self-custody after the exchange collapse. To reduce fraud-related losses, OKX says it is expanding its security stack with AI tools that monitor suspicious trans…
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