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OKX to restart DEX with anti-abuse upgrades after Lazarus ‘misuse’

Coin Telegraph LogoCoin Telegraph23h ago

OKX to restart DEX with anti-abuse upgrades after Lazarus ‘misuse’ - Coin Telegraph

Quick Summary:

The exchange also said at the time it was developing a hacker address system that would track bad actors’ latest addresses and block them. Bloomberg alleged in a March 11 report that European Union financial watchdogs were investigating the firm’s DEX aggregator and its wallet services for an alleged role in laundering funds from the $1.4 billion Bybit hack in February.

Related: OKX reenters US market following $505M DOJ settlementOKX responded the same day, arguing that Bloomberg was mistaken because the self-custody wallet service swap feature serves as an aggregator and is not a custodian of customer assets. Other crypto services have also been caught up in the Lazarus Group’s hack.

Crypto exchange OKX has brought its decentralized exchange (DEX) aggregator back online with new security upgrades after it was paused in March to prevent further misuse by the North Korean hacking crew, the Lazarus Group.

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Article Details

Author / Journalist: Cointelegraph by Stephen Katte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-05 @ 06:41:12 (23 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 439 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28388674

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 34 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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  • URL: https://jb-adventure.beamstart.com/news/okx-to-restart-dex-with-17464259271473

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