OKX announces a temporary suspension of its decentralized finance services in response to the Bybit hacking incident involving $1.5 billion. This move aims to implement additional upgrades after consultations with EU regulators to prevent further abuse. OKX discovered that the Lazarus group was using its DeFi services for money laundering while facing an increase in competitive attacks. Despite the suspension, OKX's wallet services continue to operate, but the creation of new wallets is restricted in certain markets. EU regulators are reviewing whether its services comply with MiCA regulations.