OKX: Post-Binance Incident Checks Find No Evidence of Platform Breach or Impact

November 9 — According to an official OKX article, following the Binance incident, OKX reviewed its own systems, custody infrastructure, and trading controls, finding no evidence of platform breach or impact, with the platform continuing to operate normally.

OKX stated that customer assets are held on a 1:1 basis and segregated from the platform's own assets, with the vast majority stored in offline cold storage; hot wallets retain only the balances needed to process withdrawals, and the platform has additionally set aside dedicated reserves to cover losses from potential hot wallet breaches.

[TechFlow]