OKX CEO Star: We will work with industry partners to develop control standards and continue to combat abuses
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Odaily reports that OKX CEO Star has commented on the "upgrade of OKX DEX and the temporary suspension of aggregator trading services". OKX Web3 has implemented various 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 develop industry control standards. Star emphasized that the OKX DEX aggregator does not touch or store user private keys, nor does it custody user funds. All user transactions require signing and execution using their personal private keys. OKX Web3 itself does not have the ability to execute any transactions or trades, and its role in the blockchain industry is similar to Chrome and Google in the internet industry, focusing on providing software and services. Many well-known companies also provide similar aggregator services, and OKX Web3 has a greater influence in the industry due to community support.
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