US EditionOKX Suspends DEX Aggregator as it 'Works Diligently' to Upgrade Security
- OKX has temporarily suspended its decentralized exchange aggregator to upgrade security after EU regulators began investigating allegations of laundering funds from the Bybit hack.
- OKX stated the allegations are misleading and affirmed the company's commitment to combating financial crime.
- The suspension allows OKX to implement security upgrades, including new tagging and measures to block hacker-linked addresses.
- The company reported that the Lazarus group attempted to misuse its services for laundering stolen cryptocurrency, prompting heightened security efforts.
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30 Articles
Crypto exchange OKX halts some services due to 'misuse' by North Korean hackers: CNBC Crypto World
On today's show, major cryptocurrencies climb to begin the week. Plus, a White House memo reveals David Sacks, President Trump's AI and crypto czar, sold more than $200 million in digital asset-related investments, while crypto exchange OKX suspends its DEX aggregator amid a security upgrade. Also, Ben Gagnon, CEO of Bitfarms, discusses the acquisition of Stronghold Digital Mining and addresses whether the company is prioritizing AI over bitcoin…
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cybernoz.comOKX suspends DEX aggregator after Lazarus hackers try to launder funds
OKX Web3 has decided to suspend its DEX aggregator services to implement security upgrades following reports of abuse by the notorious North Korean Lazarus hackers, who recently conducted a $1.5 billion crypto heist.
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