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OKX’s Star Xu urges shared exchange security rules after Binance breach

OKX founder Star Xu called on exchange chiefs to agree common security standards, arguing safety should not be a field for competition. His proposals include real-time settlement between verified exchanges, added checks and delays for large withdrawals to unknown addresses or smart-contract approvals enforced at the signing layer, and joint incident alerts and asset freezes. Source: CoinDesk

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