Key Notes
- Star Xu pronounces a ten BTC reward for proof of pockets backdoors.
- OKX Pockets code is open on GitHub for impartial audits.
- Neighborhood and builders are invited to strengthen platform safety.
OKX CEO Star Xu has introduced a reward of 10 Bitcoin for anybody who can show there’s a backdoor within the OKX Pockets. The announcement on November 15, 2025, comes after a reported theft of fifty ETH, prompting him to ask customers and builders to test the pockets for safety and security.
Star Xu Invitations Builders to Verify OKX Pockets
Based mostly on the replace on the bounty providing, Xu reiterated that safety and transparency are necessary and inspired builders to audit the pockets’s code.
As of right this moment’s market fee, the ten BTC reward is price about $963,300. OKX has made the pockets code accessible on GitHub, permitting anybody to look at it. Xu says the problem is open to thousands and thousands of customers worldwide who need to test the platform’s safety.
In response to a latest accusation by a consumer after 50 ETH was stolen, OKX CEO Star Xu said that anybody who can present conclusive proof proving a backdoor exists in OKX Pockets might be rewarded with 10 BTC. He emphasised that safety and transparency are elementary, and…
— Wu Blockchain (@WuBlockchain) November 15, 2025
In the meantime, market individuals be aware that the announcement comes as crypto platforms face elevated safety threats. For instance, Coinspeaker not too long ago reported that the DeFi project Balancer suffered a major exploit, shedding about $116.6 million.
Notably, some observers see the reward as a technique to improve belief in OKX whereas giving exterior builders an opportunity to check the system. Xu emphasizes that the supply is a part of a wider effort to be clear, not only a response to the latest theft.
It’s price noting that some members of the crypto neighborhood have provided different views. For instance, OKxiaohai posted that if one appears at 100 victims whose personal keys have been stolen, all wallets may seem to have backdoors.
Safety Efforts Purpose to Construct Confidence
Market individuals consider that the ten Bitcoin reward may inspire builders and researchers to test the pockets fastidiously. Specialists suggest thorough opinions to maintain the system protected, particularly with many new tokens and updates coming in November 2025.
Some added that by providing this reward, crypto trade OKX is exhibiting that it takes safety critically. The corporate follows anti-money laundering guidelines and worldwide requirements. Nobody has discovered a hidden backdoor up to now, however the problem may set an excellent instance for transparency within the crypto world.
It’s price mentioning that OKX has been within the information not too long ago for different causes. Coinspeaker reported that OKX accused Binance of poaching employees. As famous by the crypto trade, almost 100 former OKX managers joined Binance, with pay will increase starting from 100% to 500%.
Along with this, OKX and Customary Chartered have not too long ago started offering crypto services in Europe. With this partnership, establishments can commerce digital belongings on OKX whereas preserving their funds safely saved with the financial institution beneath a MiCA license.
Notably, the ten Bitcoin initiative reveals how far OKX CEO Star Xu is prepared to go to make safety and security a precedence. Market specialists suppose OKX desires to contain the neighborhood to construct extra belief in Web3 platforms. Because the investigation continues, customers and builders might be watching carefully to see if any issues are discovered.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed info however shouldn’t be taken as monetary or funding recommendation. Since market circumstances can change quickly, we encourage you to confirm info by yourself and seek the advice of with knowledgeable earlier than making any choices based mostly on this content material.
Benjamin Godfrey is a blockchain fanatic and journalist who relishes writing about the actual life purposes of blockchain expertise and improvements to drive basic acceptance and worldwide integration of the rising expertise. His want to teach individuals about cryptocurrencies evokes his contributions to famend blockchain media and websites.
