A Digital Pause: OKX Halts DEX Service

In the crypto sphere, OKX, a major exchange, has suspended its decentralized exchange (DEX) aggregator. The move aims to prevent abuse by North Korean hackers, the Lazarus Group. Amidst the chaos, OKX is refining its defenses, promising more robust security measures. This pause also sees the temporary stop of new wallet creation in certain areas. The action trails media scrutiny tied to the Bybit hack, where OKX’s platform was linked to alleged money laundering. Though contested, OKX insists its steps aren’t just protective but critical in the fight against digital crime worldwide.