Star: Will work with industry partners to establish control standards and continuously combat abuse

ChainCatcher news, OKX CEO Star stated regarding the "upgrade of OKX DEX and the suspension of aggregator trading services" that OKX Web3 has launched multiple control measures to combat abuse, including IP blocking for restricted markets and a real-time blacklist address detection and interception system. In the future, OKX will continue to work with global partners to jointly establish industry control standards.

Star emphasized that the OKX DEX aggregator does not touch or store user private keys, nor does it hold user funds. All user transactions must be signed and executed using personal private keys. OKX Web3 itself does not have the capability to execute any transactions or trades, playing a role in the blockchain industry similar to that of Chrome and Google in the internet industry, focusing on providing software and services. Many well-known companies also offer similar aggregator services, and OKX Web3 has a greater influence in the industry due to community support.