OKX News: Lazarus Group Targets OKX DEX Aggregator, Prompting Temporary Suspension and Heightened Security Concerns

In a recent development that has shaken the cryptocurrency world, the OKX exchange has temporarily suspended its DEX aggregator service due to a targeted attack by the notorious North Korean hacking group, Lazarus. Here’s a closer look at what happened and its implications for the decentralized finance (DeFi) industry.

Lazarus Group Targets OKX DEX Aggregator, Service Suspended

The notorious North Korean hacking group, Lazarus, has reportedly targeted the OKX DEX aggregator service. In response, the major cryptocurrency exchange has temporarily suspended the service to implement security upgrades and address vulnerabilities. This incident has once again put the decentralized finance (DeFi) world on high alert, underscoring the persistent threat posed by sophisticated cybercriminals.

BERA Gains 14% Despite $19.4M Outflow, OKX Traders Bet Against Rally

BERA, the native token of Berachain, has seen a significant 14% increase in the past 24 hours and a weekly gain above 30%, despite recording a $19.4 million net outflow on-chain. Despite this outflow, which is typically a bearish signal, spot and derivative traders have been accumulating BERA. However, OKX traders remain resistant, with selling volume continuing to outweigh buying pressure. Analysis suggests that the asset still has a clear path to further gains as buying pressure from these traders begins to increase.