OKX suspends DEX aggregator to enhance security measures

OKX Web3 has suspended its DEX aggregator services to enhance security after the Lazarus hackers attempted to launder $100 million from a recent $1.5 billion crypto heist. This decision follows reports of misuse of their platform. The exchange plans to implement upgrades, including a system to identify and block hacker-linked addresses. OKX aims to improve security and compliance while addressing concerns raised by regulators in the European Union. OKX has denied claims of mishandling funds and accused Bybit of spreading misinformation. The exchange is working with blockchain explorers to ensure transaction transparency and prevent further misuse of its services.