www.thecoinrepublic.com OKX Implements AI Security Testing Following Binance Hack
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- •OKX has been using AI for automated security testing for over a year.
- •Binance reported $6.36 billion in transfers to attacker-controlled wallets from its hack.
- •90% of stolen assets have been replaced by Binance, which plans to resume withdrawals.
In response to a significant hack affecting Binance, OKX has revealed its use of large language models for automated penetration testing, which has been in place for over a year. The Binance hack reportedly resulted in $6.36 billion being transferred to attacker-controlled wallets. Binance has stated it replaced 90% of the stolen assets and plans to resume withdrawals. Users are expressing concerns about security, with one user transferring funds to OKX but still fearing potential breaches. OKX conducts monthly cyberattack detection and is committed to enhancing its security measures based on lessons learned from recent incidents in the industry. The exchange aims to bolster internal reviews and security systems to protect customer assets.
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Record $6.3 Billion Hack of Binance Attributed to North Korean Hackers On October 29, 2026, Binance, the world's largest cryptocurrency exchange, suffered a massive cyberattack resulting in the theft of approximately $6.3 billion in digital assets. The breach was reportedly executed through a compromised laptop belonging to a DevOps engineer, allowing attackers to gain unauthorized…