Final chapter of the security special issue | OKX Web3: Safeguarding user assets

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OKX Web3 walletIn redefiningwalletWhile experiencing, it also provides users with assetsSafetyEscort, strive to protect users moreSafetyStart the on-chain exploration journey.

introduction

OKX Web3 specially plannedSafetySpecial Issues, focusing on different types of on-chainSafety问题进行专期解答。通过最发生在用户身边最真实案例,与安全领域专家人士或者机构共同联合,由不同视角进行双重分享与解答,从而由浅入深梳理并归纳安全交易规则,旨在加强用户安全教育的同时,帮助用户从自身开始学会保护私钥以及钱包资产安全。

Thank you for your company all the way~

Finally! The "Security Special Issue" series initiated by the OKX Web3 Wallet Security Team has come to an end~

Don’t put it in your favorites and let it gather dust! Don’t wait a while to learn it either!

The safety of your wallet and assets is no small matter, you must keep it in mind~~

1. Content Review

First of all, I would like to express my sincere gratitude to guests from the security field such as SlowMist, CertiK, WTF Academy, OneKey, BlockSec and GoPlus for their joint support for this series of content. We started with the most real cases happening around users and sorted out the risk types, advanced tools, safety rules, protection suggestions, etc. in different scenarios.

Looking back at the entire series, it has covered 6 popular scenarios in the field of cryptographic security, including private key security, MEME transaction security, wool security, device security, and DeFi security. While aiming to strengthen user security education, it also hopes to help users learn to protect their private keys and wallet asset security from themselves. Users can read on demand:

Security Special Issue 01 | OKX Web3 & SlowMist: Sharing Experience of "Hundreds of Scams"

Security Special Issue 02 | OKX Web3 & CertiK: MEME "Big Adventure" and Security "Truth"

《Security Special Issue 03|OKX Web3 & WTF Academy: You worked hard to create your website, but were hacked the next second?》

Security Special Issue 04 | OKX Web3 & OneKey: Add some "buff" to device security

Security Special Issue 05 | OKX Web3 & BlockSec: @All Whales, the Latest Risk Hedging Strategy in the DeFi World

Security Special Issue 06 | OKX Web3 & GoPlus: On-chain security monitoring and post-event rescue

In general, current security incidents are characterized by diversity, concealment, and complexity, but most of them are caused by users beingstealIt may be caused by fraudulent use of your private key or mnemonic phrase, such as fake airdrops, fake websites, fake customer service, etc. Therefore, you should always be vigilant, do not easily click on unfamiliar links, leak information to strangers, enter unfamiliar websites, etc., and do not easily leak your private key and mnemonic phrase.

Please remember: in the encrypted world, safety comes first.

安全特刊完结篇|OKX Web3:为用户资产安全护航

2. OKX Wallet’s Latest Security Updates

Secondly, as a self-hosted wallet, the private keys and assets of the OKX Web3 wallet are completely controlled by the user. The OKX Web3 wallet will protect the user's security and privacy 24 hours a day. So we will share with you some OKX Web3 wallet security updates in the final chapter.

Currently, the OKX Web3 wallet has officially launched the Security Center. Users can go there by clicking the relevant banner on the Web3 wallet webpage, or by clicking: https://www.okx.com/zh-hans/web3/security?source=gtm to view. The center covers five major aspects, including code open source, multi-party audit, and vulnerability bounty program, and supports public verification by users, aiming to create a safer Web3 ecosystem.

First, in terms of multi-party audits, the security standards of OKX Web3 Wallet have been tested and verified by third-party security audit companies. The audit reports of SlowMist and Certik are now public and users can view them at any time. In the future, OKX Web3 Wallet will continue to be regularly audited by reputable security audit companies to ensure asset security.

Second, in terms of code open source, OKX Web3 wallet has completed the core code open source, including mnemonics, private keys, MPC and other core algorithms, and has undergone technicalCommunityExtensive verification and implementation details are accepted by users who can freely view and audit them on GitHub, which is more open and transparent.

Third, in terms of intercepting third-party risks, OKX Web3 wallet can help users filter high-riskTokenand domain names to protect assets from threats. So far, 153K+ malicious domain names, 1.5M+ similar domain names, and high-riskToken1.28M+, high-risk transactions 153K+.

Fourth, the OKX Web3 wallet has also launched a bug bounty program to encourage users and developers to submit service errors and security vulnerabilities, and has prepared generous bug bounties to work with users to build wallet security.

While redefining the wallet experience, the OKX Web3 wallet protects the security of users' assets and strives to protect users so that they can embark on their on-chain exploration journey more safely.

3. 7X24 hours security escort

As the industry's leading one-stop Web3 portal, OKX Web3 Wallet provides 24/7 security protection for user assets, such as:

1. In terms of private key security

To ensure the security of the user's wallet private key, the entire underlying OKX Web3 wallet is not connected to the Internet. The user's mnemonic and private key related information are all encrypted and stored locally on the user's device. The relevant SDK is also open source and has been technically tested.CommunityExtensive verification, more open and transparent. In addition, OKX Web3 Wallet has also conducted strict security audits through cooperation with well-known security agencies such as SlowMist.

In addition, in order to better protect our users, the OKX Web3 security team has provided strong security protection for private key management and is continuously iterating and upgrading. Here is a brief sharing:

1) Two-factor encryption. Currently, most wallets usually use a password to encrypt the mnemonic and save the encrypted content locally. However, if the user is infected with a Trojan virus, the Trojan will scan the encrypted content and monitor the password entered by the user. If the scammer monitors it, the encrypted content can be decrypted to obtain the user's mnemonic. In the future, the OKX Web3 wallet will use a two-factor method to encrypt the mnemonic. Even if the scammer obtains the user's password through the Trojan, he will not be able to decrypt the encrypted content.

2)私钥复制安全。大部分木马会通过用户在复制私钥的时候盗取用户剪贴板中的信息,从而导致用户私钥泄漏。我们计划通过增加用户私钥复制过程的安全性,比如复制部分私钥、及时清除剪贴板信息等方式,来帮助用户降低私钥信息被盗风险等等。

2. At the level of APP & data security

OKX Web3 Wallet uses a variety of methods to reinforce the App, including but not limited to algorithm obfuscation, logic obfuscation, code integrity detection, system library integrity detection, application tamper-proofing, and environmental security detection. It minimizes the probability of users being attacked by hackers when using the App. At the same time, it can also prevent the black industry from repackaging our App to the greatest extent, reducing the probability of downloading fake Apps.

In addition, in terms of Web3 wallet data security, we use the most advanced hardware security technology and chip-level encryption to encrypt sensitive data in the wallet. The encrypted data is bound to the device chip. If the encrypted data is stolen, no one can decrypt it.

3. At the level of third-party testing

We provide many security mechanisms to protect user funds:

1) Risky domain name detection: When a user accesses a DAPP, the OKX Web3 wallet will perform detection and analysis at the domain name level. If the user accesses a malicious DAPP, it will be blocked or reminded to prevent the user from being deceived.

安全特刊完结篇|OKX Web3:为用户资产安全护航

2)貔貅盘Token检测:OKX Web3钱包支持完善的貔貅盘代币检测能力,在钱包中主动屏蔽貔貅盘代币,避免用户尝试跟貔貅盘代币交互。

3) Address tag library: OKX Web3 wallet provides a rich and complete address tag library. When users interact with suspicious addresses, OKX Web3 wallet will give timely warnings.

4) Transaction pre-execution: Before a user submits any transaction, the OKX Web3 wallet will simulate the transaction and display the asset and authorization change results for the user’s reference. The user can judge whether the result meets expectations based on the result, so as to decide whether to continue submitting the transaction.

安全特刊完结篇|OKX Web3:为用户资产安全护航

5) Integrated DeFi applications: OKX Web3 wallet has integrated services of various mainstream DeFi projects. Users can safely interact with integrated DeFi projects through OKX Web3 wallet. In addition, OKX Web3 wallet will also recommend paths for DeFi services such as DEX and cross-chain bridges to provide users with the best DeFi services and the best Gas solutions.

安全特刊完结篇|OKX Web3:为用户资产安全护航

6) Black address tag library: OKX Web3 wallet has established a rich black address tag library to prevent users from interacting with known malicious addresses. The tag library is continuously updated to respond to changing security threats and ensure the security of user assets.

安全特刊完结篇|OKX Web3:为用户资产安全护航

7) More security services: OKX Web3 wallet is gradually adding more security features and building more advanced security protection services, which will better and more efficiently protect the assets of OKX Web3 wallet users.

4. Other aspects

1) Security plug-in: OKX Web3 wallet provides built-in anti-phishing protection to help users identify and block potential malicious links and transaction requests, enhancing the security of user accounts.

安全特刊完结篇|OKX Web3:为用户资产安全护航

2) 24-hour online support: OKX WebXiaobai Navigation3Wallet provides customers with 24-hour online support, promptly follows up on incidents of customer asset theft and fraud, and ensures that users can get help and guidance quickly.

3) User Education: OKX Web3 Wallet regularly publishes security tips and educational materials to help users improve their security awareness and understand how to prevent common security risks and protect their assets.

OKX Web3 Wallet attaches great importance to the security of user assets and continues to invest in protecting user assets, providing multiple security mechanisms to ensure the security of users' digital assets.

4. Security is an eternal topic in the encryption industry

In the wave of the digital age, the encryption industry, as an emerging and rapidly developing field, is increasingly attracting global attention.cryptocurrencyandBlockchainWith the widespread application of technology, various security issues cannot be ignored.BlockchainTechnology forcryptocurrencyIt provides higher security, but the security of the wallet itself is affected by many factors, such as private key security, phishing, or user errors leading to private key leakage, etc.

The decentralized nature of Web3 wallets enables users to fully control their digital assets without relying on any central agency or third-party services. However, this also means that users need to bear the responsibility for the security of their assets. Users should fully realize the importance of wallet and asset security and take effective measures to ensure it.

安全可靠的Web3钱包能够提升用户对加密行业的信任度。在cryptocurrencyandBlockchainAs technology continues to develop, users have an increasingly strong demand for asset security. As a platform or wallet, we should continue to make efforts in technology innovation, security education and other aspects to provide users with a safe and convenient asset management platform, and provide solid security guarantees for the healthy development of the crypto industry.

Safety is no small matter, it concerns you and me.

Disclaimer:

This article is for reference only and is not intended to provide (i) investment advice or investment recommendations; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Holding digital assets (including stablecoins and NFTs) involves high risks and may fluctuate significantly or even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you based on your financial situation. Please be responsible for understanding and complying with local applicable laws and regulations.

The article comes from the Internet:Final chapter of the security special issue | OKX Web3: Safeguarding user assets

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