Crypto exchange OKX has resumed the operation of its DEX aggregator with new safety features implemented. This decision follows a temporary pause in March due to the actions of the Lazarus hacking group.
Resumption of DEX Aggregator
OKX has brought its DEX aggregator OKX Web3 back online, introducing new features aimed at enhancing user protection. Founder and CEO Star Xu announced the relaunch on May 4, confirming the presence of a real-time abuse detection and blocking system.
New Security Measures
The latest DEX aggregator update includes measures to detect suspicious or fraudulent on-chain activity. OKX stated that a dynamic database of suspect addresses blocks hackers in real-time and issues warnings about risky transactions. 'Our dynamic database of suspect addresses blocks hackers,' the exchange noted, also highlighting audits conducted by leading blockchain security firms.
Pause Due to Hackers
On March 17, OKX announced the temporary suspension of its DEX aggregator to prevent further misuse by the Lazarus group, promising upgrades to avert a repeat of the incident. Reports indicated that monitoring systems would track hackers' addresses and deny their access.
The resumption of the OKX DEX aggregator with new security features emphasizes the exchange's commitment to safeguarding its users from cyber threats. These measures aim to create a more secure environment for trading within the decentralized ecosystem.
