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OKX Suspends DEX Aggregator Service After Use By Bybit Hackers

CoinGape LogoCoinGape16h ago

OKX Suspends DEX Aggregator Service After Use By Bybit Hackers - CoinGape

Quick Summary:

Crypto exchange OKX announced that it would be suspending its DEX aggregator services as the recent investigation from the EU regulator showed that perpetrators of the $1.5 billion Bybit hack, used the exchange’s services to launder funds.

The exchange has blamed North Korea’s Lazarus group for misusing its DeFi services.

Furthermore, the exchange has been currently subject to the European Union’s new Markets in Cryptoassets, or MiCA, regulations.

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OKX Suspends DEX Aggregator Service After Use By Bybit Hackers - CoinGape (Picture 1)

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 06:58:47 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 541 words

Reading Time: 4 minutes read

Sentences: 40 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27074898

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 29 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "OKX Suspends DEX Aggregator Service After Use By Bybit Hackers" was covered 16 hours ago by CoinGape, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 29 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #27074898
  • URL: https://beamstart.com/news/okx-suspends-dex-aggregator-service-17421949414300

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