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OKX Halts DEX Aggregator Amid Security Concerns

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by Giorgi Kostiuk

6 hours ago


OKX has temporarily suspended its decentralized exchange aggregator following attempts of attacks by North Korea's Lazarus Group. New security measures are being introduced to prevent further misuse.

Reasons for Suspension

According to the official statement from the company, the temporary suspension is due to the need to fix incomplete tagging on blockchain explorers and to implement new security measures.

Security Measures and Response

OKX has already implemented several security improvements, including a real-time tracking system to stop malicious addresses and a hacker detection system for its web3 DEX aggregator.

Recently, we detected a coordinated effort by Lazarus Group to misuse our DeFi services. At the same time, we’ve noticed an increase in competitive attacks aiming to undermine our work.

Overview of Lazarus Group Attacks

The Lazarus Group is notorious for multiple cyberattacks targeting cryptocurrency platforms, including the recent $1.5 billion hack on Bybit. The group employs various methods, including spreading malware packages and using fake calls.

Despite the temporary suspension of the aggregator, OKX continues to enhance security, showing commitment to protecting users from threats in the crypto environment.

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