Star: We will work with industry partners to develop control standards and continue to combat abuse
On March 17, OKX CEO Star stated on "OKX DEX upgrades and suspends aggregator transaction services" that OKX Web3 has launched a number of control measures to combat abuse, including IP blocking and real-time blacklist address detection and interception system for restricted markets. In the future, OKX will continue to work with global partners to jointly develop industry control standards. Star emphasized that the OKX DEX aggregator will not touch or store user private keys, nor will it manage user funds. All transactions by users need to be signed and executed using a personal private key. OKX Web3 itself does not have the ability to perform any transactions or purchases. 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 greater influence in the industry due to community support.
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