CertiK Warns OKX Users To Update Their iOS App Now
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CertiK Warns OKX Users To Update Their iOS App Now

  • CertiK has warned users of iOS apps of a security flaw in the OKX app. 
  • CertiK urged iPhone users to immediately update their OKX app amidst rising crypto hacks and potential scams.

CertiK, a Web3 security firm, has issued a warning to iPhone users using the OKX crypto exchange app about a dangerous vulnerability. They advised the users to update to the latest app version immediately.

In an announcement on X (formerly Twitter), CertiK explained a critical issue that they found in the OKX iOS app. 

The problem could lead to the loss of data and crypto assets. They stress the importance of updating the app for safety.

Immediately after the announcement, OKX team spun into action to fix the issue and provide an update.

CertiK praised the OKX team for quickly providing an updated app version to fix the problem, which proved their ability to quickly react to security threats.

See Also: To Give Away $15,000 Bitcoin To Shiba Inu Traders

This warning is crucial as it comes at a time when there’s a rise in the loss of crypto assets due to hacks. In just one quarter of 2023, around $686 million was lost in crypto hacks.

CertiK has been actively issuing warnings about crypto security. They recently warned against some Telegram bot tokens, which seemed to be part of a scam. 

Their analysis suggests over 40% of these telegram tokens might be involved in exit scams (rug pull), where creators disappear with investors’ funds.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.