OKX Halts DEX Operations Post-Regulatory Talks

OKX Suspends DEX Aggregator Amid Regulatory Consultation

• OKX temporarily suspended its decentralized exchange (DEX) aggregator after consulting with regulators.
• Hackers stole $1.4 billion in Ethereum and Lido Staked Ether from Bybit, linked to the Lazarus Group.
• $100 million of stolen ETH was moved through OKX’s web3 proxy, with $65 million untraceable.
• The European Union is scrutinizing OKX following the Bybit hack.
• OKX implemented a hacker address detection system for its Web3 DEX aggregator.

OKX has paused its DEX aggregator services to upgrade security measures after a $1.4 billion theft linked to the Lazarus Group, with $65 million remaining untraceable.