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Exchange Shuts Down DEX Aggregator
Crypto exchange OKX has suspended its Web3 decentralized exchange aggregator, citing security concerns. The move comes after detecting a coordinated effort by the North Korean Lazarus Group to exploit DeFi services.
Security Measures Intensify
Following a recent Bybit hack, OKX implemented a hacker address detection system for its Web3 DEX aggregator. The system tracks and blocks suspicious addresses in real time, aiming to curb illicit activity.
Money Laundering Concerns
Bloomberg recently reported that OKX’s DEX aggregator was used to launder $100 million in crypto linked to Lazarus and the attack. The exchange’s latest actions reflect increased efforts to prevent further misuse of its platform.
