Security Alert of Critical Vulnerability: OKX Wallet Users Must Update iOS

The OKX wallet users must update their iOS following the security firm issues an alert of a critical vulnerability. Here’s what happened and what you need to know about this.

Blockchain security firm Certik has issued a warning to users of OKX Wallet to update their iOS app.

In a post on the social media platform X, Certik revealed that it has discovered a Remote Code Execution (RCE) vulnerability in the OKX Wallet app.

An RCE vulnerability allows a hacker to remotely target a computing device and make changes, regardless of its location.

The company has confirmed that OKX has addressed the issue by releasing a new version of the iOS app, which is free from the vulnerability.

“Attention! We urge users of OKX wallets to update their iOS app to the latest version immediately. Earlier this month, we identified and reported a critical Remote Code Execution (RCE) vulnerability in the OKX iOS App, leading to potential compromise of sensitive data and crypto assets. The OKX team responded swiftly and issued an updated version today.

For anyone in doubt of the impact of the risk, we have hard evidence showing that – the vulnerability allows an attacker to fully control the OKX iOS App. You are at high risk of losing your assets if you insist on using an older version.”

Responding to the security alert, OKX said the following:

“Thanks Certik for the note.

We’ve completed the relevant upgrade & this is no longer an issue. We have verified that this did not impact any customer assets.

The fix has been deployed to iOS version 6.45.0 & we recommend you update the app ASAP.”

The crypto space is filled with enthusiasm about the much-awaited spot BTC ETF approval that has to come from the SEC. More predictions claim that this will happen during Q1 2024. Stay tuned for more details.