OKX has temporarily halted its decentralized exchange (DEX) aggregator in response to rising security threats and recent cyber attacks targeting its platform. The decision, announced on March 17, 2025, aims to implement crucial security features and address incomplete blockchain tagging, which is essential for accurately tracking transactions. The exchange highlighted a coordinated attack from the Lazarus group, a known hacking entity linked to malicious activities. Alongside this, OKX reported increased competitive attacks attempting to undermine its services. The pause is a proactive measure to protect its industry standing, especially following a recent settlement with the U.S. Department of Justice regarding violations related to operating without a proper money transmitter license. This move aims to safeguard user assets and ensure compliance as OKX continues to enhance its security framework against future threats.

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