OKX Relaunches Web3 DEX Aggregator With Enhanced Anti-Abuse Safeguards
By: financefeeds|2025/05/05 15:45:01
0
Share
OKX has resumed operations of its Web3 DEX aggregator, which had been temporarily suspended in March 2025 after being misused by the notorious North Korean-affiliated Lazarus Group. The relaunch of the aggregator is accompanied by significant security upgrades aimed at curbing illicit activity and restoring user trust. This move is seen as a key development in the growing intersection between decentralized finance (DeFi) and global regulatory scrutiny. The initial suspension followed revelations that Lazarus laundered over $100 million worth of stolen Ethereum through OKX’s aggregator. The stolen funds were part of a much larger $1.4 billion hack that targeted the Bybit exchange. The scale of the laundering operation triggered a regulatory response across several jurisdictions, leading OKX to halt the platform’s operations and engage compliance experts to redesign its infrastructure. OKX worked closely with regulators and third-party compliance firms during the downtime to ensure that the updated platform met emerging legal and security expectations. The result is a more robust aggregator that reflects the heightened standards now expected in the DeFi space. Security and compliance upgrades aim to set industry benchmark The revamped OKX Web3 aggregator introduces several new security measures, including real-time abuse detection that monitors on-chain behavior to identify suspicious activity across multiple supported blockchains. This system enables the platform to proactively respond to potential threats as they occur. One of the flagship features is a dynamic blacklist that constantly updates to include new suspect wallet addresses. This allows OKX to automatically block interactions with wallets tied to known or emerging threats. In addition, the platform has introduced proactive user alerts that warn traders of potentially risky transactions before they are executed. To strengthen its compliance framework, OKX has also integrated with AML software tools in jurisdictions outside of Japan, further enhancing its ability to detect and report money laundering attempts. These upgrades not only serve to deter bad actors but also position the platform as a leader in DeFi transparency and accountability. CEO Star Xu described the new aggregator as “the Chrome and search engine of the blockchain,” emphasizing its role as both a secure gateway to the decentralized web and a source of real-time, trustworthy information for users. As decentralized exchanges face increased pressure to balance openness with compliance, OKX’s revamped DEX aggregator may set a precedent for the next wave of institutional-grade DeFi platforms.
You may also like

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."

$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years

Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?

Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27

Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders
The puzzle of the Romanian elections under digital manipulation.

Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents
Sentient is gathering builders and supporters from around the world (including Founders Fund, Pantera, Franklin Templeton, alphaXiv, Fireworks, OpenRouter, etc.) to jointly address the reasoning capability gap in enterprise AI.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.