North Korean hackers raid the crypto space, OKX DEX becomes a victim, when will the regulatory storm stop?
This morning, OKX's decentralized exchange suddenly went down, causing a stir in the crypto community. It is said that North Korean hacker big shots used it as a money laundering site, washing over 100 million USD stolen from Bybit. This has infuriated the EU regulatory bigwigs, who directly took their MiCA license to warn OKX, saying they would show them some colors.
Seeing this situation, OKX had no choice but to temporarily stop the DEX aggregator and then busy themselves with patching vulnerabilities and upgrading security systems.
However, in the crypto space, there are always those who love to watch the excitement, unafraid of big trouble. With OKX down, other DEX platforms are probably thrilled, thinking it’s a great opportunity to scoop up the losses. Users are flocking there, and trading volume is skyrocketing; perhaps someone will take the chance to launch an airdrop to attract popularity, it's simply a version of 'taking advantage of your illness to claim your life.'
OKX can only swallow its pride, optimize itself, and wait for this storm to pass before re-entering the fray. This grand drama involves hackers, regulators, and exchanges battling it out, more exciting than those martial arts novels.
Although OKX has taken a big hit this time, a skinny camel is still bigger than a horse; it is likely to recover quickly.
Next, I will prepare some suitable coins for bottom fishing as a recovery plan. If you're lost and helpless, leave me a message, remember that choice is greater than effort!