The post OKX CEO Offers 10 BTC Bounty for Wallet Backdoor Proof appeared com. Key Points: OKX CEO offers bounty for evidence of wallet backdoor. 10 BTC reward demonstrates security commitment. Community encouraged to aid transparency review. OKX CEO Star Xu announced a 10 BTC bounty for anyone who provides conclusive evidence of a backdoor in the OKX Wallet, emphasizing security and transparency. This move could bolster user trust or raise concerns, influencing market perceptions of security across crypto exchanges. OKX’s 10 BTC Offer Challenges Wallet Security Threats Star Xu’s announcement of the 10 BTC bounty on social media intends to address concerns about the OKX Wallet’s security. This transparent move is a rarity in the cryptocurrency industry, designed to assure users about the platform’s commitment to safety. The backdoor offer aligns with measures aimed at upholding security and transparency. Immediate implications include reaffirming trust in OKX’s infrastructure while inviting scrutiny to ensure no vulnerabilities exist. The community is asked to actively participate, challenging them to demonstrate any potential security gaps. While it helps ensure integrity, no direct impact on exchange or wallet activities is currently noted. Industry reaction was limited, with key influencers like Arthur Hayes and Vitalik Buterin yet to comment directly on the offer. Broadly, this signal of transparency aims to forestall unfounded rumors that could undermine confidence in OKX. Users and developers are encouraged to contribute to enhancing security standards. Bitcoin Price Data and Influences Amid OKX Announcement Did you know? OKX’s bounty offer mirrors security strategies seen with major exchanges like Binance in past years, where successful non-validation of such claims generally boosted user confidence. According to CoinMarketCap, Bitcoin’s current price is $95,732. 22 with a market capitalization of $1. 91 trillion. Bitcoin holds a market dominance of 58. 76%. Recent data shows a 24-hour trading volume at $95. 04 billion, down 17. 15%. Price decreases over the past 90 days amounted to 19. 16%. Bitcoin(BTC),.
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Hackers Lost $13M in ETH After Panic Selling and Rebuying at Higher Prices
TLDR Six hacker wallets lost $13. 4M by panic-selling ETH during the Oct. 10 crash. Hackers sold 7, 816 ETH at $3,728 and rebought at $4,159, locking in losses. Blockchain shows hackers reacted emotionally like regular traders during crash. The ETH involved was linked to past exploits and not acquired through trading. Six hacker wallets sold ETH [.] The post Hackers Lost $13M in ETH After Panic Selling and Rebuying at Higher Prices appeared first on CoinCentral.
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Beer Shortages Hit Japan’s Izakayas
Beer deliveries from Asahi Group Holdings have been disrupted following a ransomware cyberattack, causing shortages that have already begun to affect izakaya and other establishments across Japan. Some bars have reported their beer stock falling to only one left as supply chain delays ripple through the industry.
Beer Shortages Hit Japan’s Izakayas
Beer deliveries from Asahi Group Holdings have been disrupted following a ransomware cyberattack, causing shortages that have already begun to affect izakaya and other establishments across Japan. Some bars have reported their beer stock falling to only one left as supply chain delays ripple through the industry.