{"id":58730,"date":"2025-11-16T13:01:41","date_gmt":"2025-11-16T13:01:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=58730"},"modified":"2025-11-16T13:01:41","modified_gmt":"2025-11-16T13:01:41","slug":"okx-ceo-offers-10-btc-to-prove-backdoor-allegation-details","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=58730","title":{"rendered":"OKX CEO Offers 10 BTC To Prove \u2018Backdoor\u2019 Allegation \u2013 Details"},"content":{"rendered":"
\n

OKX CEO Star Xu has offered a bounty of 10 BTC for users to provide evidence on an alleged backdoor in the exchange\u2019s DeFi wallet. This development comes after the Seychelles-based exchange recently launched DEX trading for users.\u00a0<\/p>\n

Prove Backdoor Existence, Xu Tells Crypto Community\u00a0<\/b><\/h2>\n

On November 15, an X account with the username OKxiaohai claimed<\/a> that the OKX wallet featured a backdoor that allowed bad actors to steal users\u2019 private keys. OKxiaohai, an employee at hardware wallet firm OneKey, with previous experience in customer service, hinged this audacious allegation on a survey of former heist victims with OKX wallets.\u00a0<\/p>\n

The tweet read:\u00a0<\/p>\n

\n

Find 100 victims whose private keys have been leaked and stolen, ask them what wallet they used, and you will come to a conclusion: all wallets have backdoors.<\/p>\n<\/blockquote>\n

OKxiaohai\u2019s statement drew several reactions from certain X users, such as im23pds, who disagreed<\/a> with linking the loss of private keys to users\u2019 personal mistakes, a view the claimant also agreed with. Meanwhile, another X account with the username xinchne_eth accused<\/a> the OneKey employee of driving engagement using OKX\u2019s popularity.<\/p>\n

In reaction to the online buzz, OKX\u2019s CEO and prominent crypto figure Star Xu challenged<\/a> the claimant and the general crypto community to provide proof of the supposed backdoor in exchange for 10 BTC, worth $954,320.\u00a0<\/p>\n

Xu said:\u00a0<\/p>\n

\n

Anyone who can provide solid evidence proving the existence of a backdoor in OKX Wallet, our @wallet<\/a> team will reward 10 BTC. We invite OKX Wallet\u2019s tens of millions of global users to jointly monitor this.\n<\/p>\n<\/blockquote>\n

The exchange\u2019s CEO also reiterated the company\u2019s commitment to security and transparency and a willingness to embrace community scrutiny. Xu\u2019s statement has sparked a plethora of reactions but ultimately indicates confidence in the quality of the offered wallet service.\n<\/p>\n

OKX Commences DEX Trading<\/b>\u00a0<\/h2>\n

In other news, OKX has recently introduced<\/a> a decentralized trading service for users via the CeDeFi program, marking an integration of the benefits of centralized and decentralized finance experience.\u00a0 Notably, the crypto exchange launches a decentralized trading feature on its exchange mobile app that allows users to swap several DEX tokens on Solana, Base, and the X Layer network.\u00a0<\/p>\n

Through the CeDeFi program, OKX aims to reinvent the DEX trading experience by offering zero gas fees, no bridging requirements, and a centralized management interface that gives users access to centralized order books while trading decentralized assets.<\/p>\n

At press time, OKX ranks as the fifth-largest crypto exchange by trading volume, processing roughly $1.5 billion in daily trades. The Seychelles-based platform reports 60 million users, with more than 5 million using its DeFi wallet service.<\/p>\n

\"OKX\"<\/div>\n","protected":false},"excerpt":{"rendered":"

OKX CEO Star Xu has offered a bounty of 10 BTC for users to provide evidence on an alleged backdoor in the exchange\u2019s DeFi wallet. This development comes after the Seychelles-based exchange recently launched DEX trading for users.\u00a0 Prove Backdoor Existence, Xu Tells Crypto Community\u00a0 On November 15, an X account with the username OKxiaohai […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-58730","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/58730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58730"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/58730\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}