OKX Users Should Update Their IOS App Now: CertiK Warns

OKX Users Should Update Their IOS App Now: CertiK Warns

SecurityExchange

By Miles

20 Dec 2023

1 min read

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CertiK warns iPhone users of a security flaw in OKX app, urges immediate update amidst rising crypto hacks and potential scams.

CertiK, a Web3 security firm, has issued a warning to iPhone users using the OKX crypto exchange app about a dangerous vulnerability. They advised the users to update to the latest app version immediately.

In an announcement on X (formerly Twitter), CertiK explained a critical issue that they found in the OKX iOS app. The problem could lead to the loss of data and crypto assets. They stress the importance of updating the app for safety.

CertiK praised the OKX team for quickly providing an updated app version to fix the problem, which proved their ability to quickly react to security threats.

This warning is crucial as it comes at a time when there’s a rise in the loss of crypto assets due to hacks. In just one quarter of 2023, around $686 million was lost in crypto hacks.

CertiK has been actively issuing warnings about crypto security. They recently warned against some Telegram bot tokens, which seemed to be part of a scam. Their analysis suggests over 40% of these telegram tokens might be involved in exit scams (rug pull), where creators disappear with investors' funds.

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