The leading cryptocurrency exchange OKX was attacked by North Korean hackers Lazarus. The same ones as last month stole $1.5 billion from Bybit. Cybercriminals targeted the DEX aggregator service. For this reason, OKX decided to suspend the platform.
«We recently discovered a coordinated effort by the Lazarus group to abuse our scarce services. At the same time, we have noticed an increase in competitive attacks aimed at undermining our work. Instead of shying away, we decided to take decisive action. After consulting with regulators, we have taken the proactive decision to temporarily suspend our DEX» aggregator,” the statement said.
OKX Web3 is a DEX aggregator, a platform that combines liquidity from several decentralized exchanges (DEXs) to provide users with the best rates for trading. The OKX DEX service allows you to exchange cryptocurrencies across different blockchain networks, comparing prices from different DEXs in real time and choosing the most profitable option.
Users can still use other cryptocurrency services and OKX wallets, but the creation of new wallets will be limited in some regions until additional updates are completed. The timeframe for the resumption of the DEX aggregator is still unknown.
OKX has a history of regulatory issues, including the recent paid a fine in the amount of more than $500 million to the US Department of Justice for violation of anti-legalization laws.
In addition, on March 11, Bloomberg reported the company announced that the financial authorities of the European Union are investigating OKX Web3 services and some wallets of the platform.
Source: OKX
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