COINTELEGRAPH · 2026-11-02 12:11 UTC

Crypto users shouldn't have to take security on faith, says OKX Europe CEO

Personal wallet breaches jumped to 158,000 incidents globally in 2025, with threat actors shifting toward phishing and stealing login credentials. OKX Europe CEO argues crypto platforms should move beyond 'not your keys, not your coins' as a liability disclaimer and implement stronger default security protections as millions now use platforms for everyday financial functions. European payment fraud reached €4.2 billion in 2024, up from €3.5 billion in 2023; OKX advocates for independent security audits and shared findings as industry baseline rather than differentiator.

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