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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