**Star Xu Offers 10 Bitcoin Reward in Latest OKX Wallet Security Review**
OKX CEO Star Xu has announced a generous reward of 10 Bitcoin (BTC) for anyone who can provide conclusive evidence of a backdoor existing in the OKX Wallet. The announcement, made on November 15, 2025, follows a reported theft of 50 ETH from the platform, prompting Xu to call on users and developers to scrutinize the wallet’s security and safety.
### Invitation to Developers and the Community
Emphasizing the importance of security and transparency, Star Xu encouraged developers and the broader community to audit the OKX Wallet code. To facilitate this, OKX has made the wallet’s source code publicly available on GitHub, allowing independent experts to examine it thoroughly.
Xu’s challenge is open to millions of users worldwide, inviting anyone interested to test the platform’s security. As of the announcement date, the 10 BTC reward is valued at approximately $963,300, underscoring the company’s commitment to maintaining a secure environment for its users.
### Response to Recent Security Concerns
The reward offer comes in response to recent concerns after a user reported the theft of 50 ETH from an OKX Wallet. In a statement, Star Xu reiterated that anyone capable of proving the existence of a wallet backdoor would receive the 10 BTC bounty.
He emphasized that this initiative is not merely a reaction to the incident but part of a broader effort to uphold transparency and strengthen security measures within the OKX ecosystem.
### Context Amid Increasing Security Threats
This announcement arrives at a time when cryptocurrency platforms are facing heightened security threats. For instance, Coinspeaker recently reported that the DeFi project Balancer suffered a major exploit, resulting in losses of approximately $116.6 million.
Some industry observers view Xu’s reward offering as a strategic move to build greater trust in OKX, while also encouraging outside developers to rigorously test the system. By opening up its codebase and incentivizing the community’s participation, OKX aims to reinforce its security protocols and maintain user confidence.
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*Stay tuned for further updates as the community responds to this challenge and continues to prioritize platform safety and transparency.*
https://bitcoinethereumnews.com/bitcoin/star-xu-offers-10-bitcoin-reward-in-latest-okx-wallet-security-review/