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Crypto Exchange OKX To Launch New Security System After Scrutiny From EU Regulators

Crypto Exchange OKX To Launch New Security System After Scrutiny From EU Regulators

OKX is restarting its decentralized exchange (DEX) aggregator with a new security system after falling into hot water with regulators earlier this year amid fallout from the record-setting Bybit hack.

OKX chief executive Star Xu announced on the social media platform X on Sunday that OKX’s DEX would restart with a “real-time abuse-detecting and blocking system.”

“OKX Web3 is [the] Chrome and search engine to [the] blockchain. [Based] on our understanding of on-chain data, we help customers access hundreds [of] chains’ real-time data, manage multiple chains’ assets and engage with millions [of] DApps (decentralized applications).”

Traders use data from DEX aggregators to find the best-priced trades across…

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