The Crypto Exchange OKX has brought a decentralized exchange (DEX) combined online with new security upgrades after it was paused in March to avoid further use of North Korea’s hacking personnel, the Lazarus team.
Okx founder and CEO star xu Says In a May 4 statement to X that the Dex aggregator, OKX Web3, will continue with many new features, including a “real-time abuse and system obstruction.”
A Dex aggregator is a service that draws data from Multiple decentralized exchanges and market makers and then show it to users to help with the trading. Xu said, “The OKX Web3 is a browser and search engine for the blockchain.”
At the same time, okx Says In a May 4 statement that the latest upgrade includes other new security measures to identify the weakening or deceptive onchain activity from hackers and other bad actors.
“Our dynamic database of suspected relevant hackers and bad actors are real-time, while proactive alerts are warning you about risky transactions,” the exchange said.
“We have been that -WDIT and proven by the leading Blockchain security companies such as Certik, Hacken and Slowmist, and tested the infrastructure through our Bug Bounty program.”
Another feature added to the onchain review tool is classified Wallet Holders by recognizing them as much as possible whales or sniper.
The OKX DEX AGGREGATOR is silent after hackers abuse Defi services
Okx said this March 17 Its Dex aggregator temporarily paused To prevent North Korea’s “additional misuse” of hacking the collective group of Lazarus, which promises upgrades to stop a repeat of the incident.
The exchange also said at the time that it developed a hacker address system that would monitor the latest addresses of evil actors and hinder them.
Bloomberg accused of a March 11 reports that European Union financial guardians is investigating the company’s DEX aggregator and its purse services for a alleged role in laundering funds from the $ 1.4 billion bybit hack in February.
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Okx responded the same day, dispute That Bloomberg is mistaken because the self-custody wallet service swap feature serves as an aggregator and not a guardian of customer properties.
Other crypto services were also caught in the lazarus group hack. Crypto Exchange Exch announced it stopped operations on May 1 After reports allegedly the firm was used in launder funds from the hack.
The exchange has initially denied reports from crypto sleuths suggesting that it has been -Digital Assets for the Lazarus Group. However, it was admitted to processing some funds from the February hack.
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