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OKX News: Exchange Suspends DEX Aggregator Following Lazarus Hack Attempt Amid Regulatory Scrutiny

OKX News: Exchange Suspends DEX Aggregator Following Lazarus Hack Attempt Amid Regulatory Scrutiny

Author:
OKX News
Published:
2025-03-17 18:11:37
17
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In a significant development in the cryptocurrency space, OKX has taken preemptive measures to safeguard its platform after detecting a potential hack attempt by the notorious North Korean hacking group Lazarus. Here’s a detailed look at what transpired and the implications for users.

OKX Suspends DEX Aggregator After Lazarus Hack Attempt

On March 17, OKX paused its decentralized exchange (DEX) aggregator after discovering a hack attempt by the North Korean hacking group Lazarus. The exchange decided to suspend the DEX aggregator for an internal review and upgrade following consultations with regulators. Crypto wallet services remain available, but new wallet creation will be paused in some markets during this time.

OKX Suspends DeFi Service Amid Media Attacks and Regulatory Scrutiny

OKX has announced the suspension of its decentralized finance (DeFi) service to address media attacks questioning the company’s integrity. The Seychelles-based crypto exchange stated that these attacks are happening at a time when it is actively fighting against financial crime. On March 17, 2025, the company detected a coordinated effort by the Lazarus group to misuse its DeFi services and noticed an increase in competitive attacks aiming to undermine its work.

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