#Breaking_Crypto_News

LAZARUS GROUP ATTACKS OKX’S DEX AGGREGATOR SERVICE SUSPENDED ,

OKX, a prominent cryptocurrency exchange, has temporarily suspended its decentralized exchange (DEX) aggregator service in response to detected misuse by the North Korean hacking group known as Lazarus. This proactive measure, undertaken after consultations with regulators, aims to prevent further exploitation and to implement necessary security enhancements. 

The suspension addresses issues related to incomplete tagging on blockchain explorers and the need for additional security features. OKX emphasized its commitment to transparency and collaboration with blockchain explorers to ensure accurate identification of the actual DEXs processing trades, rather than misattributing them to the OKX aggregator. 

In response to the misuse, OKX has already implemented several security measures, including a hacker address detection system for its Web3 DEX aggregator and real-time tracking to block malicious addresses within its centralized exchange. These efforts are part of a broader initiative to enhance security and maintain the integrity of its platform. 

While the DEX aggregator service is temporarily paused, OKX's crypto wallet services remain operational. However, the creation of new wallets has been temporarily halted in select markets during this period. 

The Lazarus Group has been implicated in several high-profile cyberattacks, including a recent hack of Bybit, resulting in the theft of $1.5 billion. Approximately $100 million from this hack was reportedly laundered through OKX's Web3 platform, leading to increased scrutiny from European Union financial regulators. OKX has refuted allegations of facilitating illicit activities, emphasizing its commitment to combating financial crime and enhancing security measures.