OKX Star: The security standards for DEX Bot-like products must reach exchange-level; otherwise, the risks are extremely high
OKX founder and CEO Star responded to the DeBot security incident on the X platform, stating: "The theft of wallets is due to several common situations. The centralized risk of private keys in DEX Bot-like products involves related products uploading user private keys to servers, stored in plaintext or decryptable forms. Once a hacker intrusion occurs, the risk level is effectively equivalent to that of an exchange, so the security standards for such products must meet exchange-level standards; otherwise, the risk is extremely high. There are also risks from code vulnerabilities in self-custody wallets or malicious intent, user terminal devices being compromised or data leaks, and structural reliance of automated strategies on private key custody."Star further stated that the correct evolution direction for wallet security is that the security of private keys and usability are not opposing relationships.