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OKX suspends DEX aggregator to stop ‘further misuse’ by Lazarus

OKX suspends DEX aggregator to stop ‘further misuse’ by Lazarus

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Source: Coin Telegraph

OKX says it has decided to pause its DEX aggregator service after consulting with regulators.

Crypto exchange OKX has temporarily paused its decentralized exchange aggregator to prevent “further misuse” by North Korean hacking collective Lazarus Group.

“Recently, we detected a coordinated effort by Lazarus group to misuse our defi services,” said OKX on March 17.

“After consulting with regulators, we made the proactive decision to temporarily suspend our DEX aggregator services. This move allows us to implement additional upgrades to prevent further misuse.” 

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Author: Martin Young