律动BlockBeats|Nov 04, 2026 02:28
[OKX Star: Willing to Collaborate with Competitors to Improve Security Standards and Protect User Assets]
BlockBeats reported on November 4th that OKX Star criticized an interview regarding the Binance security incident, arguing that the interviewee downplayed platform responsibility and attempted to justify their own mistakes by denigrating the security of traditional banks. He questioned the interviewee's claim that they "no longer operate Binance," stating that they were one of the most active Binance-related figures on social media after the incident and had even debated with Musk about their SpaceX stock investment.
Star stated that Binance repeatedly emphasized "only 2% outflow," but this figure does not address concerns about platform security. He also questioned Binance's continued efforts to attract new deposits through marketing campaigns during the crisis, pointing out that crypto platforms face different threats, attack surfaces, and potential consequences than traditional banks, and comparing their security without considering these contexts is misleading.
Star cited reports that Bitcoin fell from approximately $81,000 to $75,000 during the market turmoil, and claimed that billions of dollars in leveraged positions were liquidated. He believes the incident could damage the crypto industry's credibility in the eyes of traditional capital markets, institutional investors, and regulators, and also casts doubt on Binance's so-called "multi-layered security defenses."
Star stated that he would prefer to collaborate with industry players, including competitors, to jointly improve security standards and protect user assets. [Original Link]
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