OKX Faces Crypto Theft Due to SMS Notification Security Flaw ☠️

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- Significant crypto thefts on OKX due to breaches in SMS notification security.

- OKX is investigating and reaching out to affected users, committing to full accountability if responsible.

Recent crypto thefts on OKX involved breaches via SMS notifications. Two users lost funds due to similar methods, including SMS risk alerts from a fake "Hong Kong" source and the creation of new API keys with withdrawal privileges. These breaches were orchestrated by an organized group.

The victims hadn't activated 2FA tools like Google Authenticator, though it's uncertain if this played a role in the breaches. SlowMist’s MistTrack team is actively monitoring the hacker wallets.

OKX is taking action by contacting affected users and delving into the incidents. The exchange assures it will take full responsibility if culpable and will share investigation findings soon.

In a related incident on Binance, a hacker manipulated web cookies and conducted trades to avoid detection, showcasing the advanced tactics employed by cybercriminals.

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