OKX has restarted the decentralized exchange (DEX) compiled with a new security system after falling into hot water with regulators earlier this year in the midst of the fall from the record-setting bybit hack.
Okx chief executive star xu announced On the Social Media X platform on Sunday that OKX's Dex will restart on a “real-time abuse of abuse and system blocking.”
“Okx Web3 is [the] Chrome and search engine at [the] Blockchain. [Based] In our understanding of on-chain data, we help customers access hundreds [of] Real-time chain data, manage multiple chain assets' and engage in millions [of] Dapps (decentralized application). “
Entrepreneurs use data from DEX AGGREGATOR To find the best price trading in different decentralized exchanges.
In March, OKX announced that it had decided to “temporarily suspend” its DEX aggregator after consulting regulators.
The suspension became materialized after stealing hackers of a deaf $ 1.4 billion worth of Ether (ETH) and Lido Staked Ether (Steth) from the Crypto Exchange Bybit in February. Pseudonymous on-chain investigator zachxbt Link The exploitation of the Lazarus group, a shameful North Korea cybercriminal outfit.
Ben Zhao, Chief Executive of Bybit, Says After the hack of $ 100 million worth of stolen ETH was moved through OKX's web3 proxy.
“To them, 16,680 eth that we can trace [and] 23,553 ETH or $ 65 million (~ 5%) is unreliable, which requires information from the OKX web3. “
In March, Bloomberg, citing “people with knowledge of this,” reported The European Union (EU) crypto regulators are looking at OKX.
Okx identified that it saw a coordinated effort of the Lazarus team to abuse the decentralized financial service (DEFI).
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