Crypto Exchange OKX Fixes iOS Wallet App Vulnerability
Crypto exchange OKX has addressed a vulnerability in its iOS wallet app through an update, according to an OKX spokesperson. The bug affected a third-party application service provider but did not result in any loss of assets or compromise the security of user assets. OKX has urged users to update their iOS app to version 6.45.0 to resolve the vulnerability. Prior to OKX’s announcement, web3 security analysis platform CertiK had already advised OKX iOS users to update their app immediately due to a critical Remote Code Execution (RCE) vulnerability. The updated version was released promptly by the OKX team.
About the Author
MK Manoylov has been a reporter for The Block since 2020, covering various crypto news topics including NFTs, metaverse, web3 gaming, funding, crime, hacks, and the crypto ecosystem. MK holds a graduate degree from New York University’s Science, Health and Environmental Reporting Program (SHERP), and has also written for WebMD and Insider on health-related topics. Follow MK on Twitter @MManoylov and on LinkedIn.
Hot Take: Crypto Exchange Takes Swift Action to Address Vulnerability
Crypto exchange OKX has demonstrated its commitment to user security by promptly addressing a vulnerability in its iOS wallet app. The bug, which affected a third-party application service provider, was swiftly resolved with an update. Users were urged to update their app to ensure their assets remained secure. This proactive response highlights the importance of ongoing security analysis and collaboration between platforms and security experts like CertiK. By releasing an updated version promptly after being alerted to the vulnerability, OKX has shown its dedication to protecting user data and assets. The incident serves as a reminder for all crypto users to regularly update their applications and stay informed about potential security risks.