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DeFi News

OKX Restarts DEX Aggregator To Restore Users’ Trust 

Written By Shruti Lakhlani
Fact Checked by Dhara Chavda
Published 2025-05-05·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle
OKX Restarts DEX Aggregator To Restore Users’ Trust 

OKX, a leading global cryptocurrency exchange, has announced on X (formerly Twitter ) the restart of its decentralized exchange (DEX) aggregator, emphasizing real-time abuse detection and a blocking system. 

OKX DEX will restart today with realtime abuse detecting and blocking system. OKX Web3 is Chrome and search engine to blockchain. Base on our understanding of onchain data, we help customers access to hundreds chains realtime data, manage multiple chains’ asset and engage with…

— Star (@star_okx) May 5, 2025

OKX paused its services on March 17, 2025, when it discovered suspicious activity connected to the infamous North Korea’s Lazarus Group. This group is notorious for hacking and exploiting blockchain platforms

The exchange has resumed its service with an upgrade to restore user confidence with robust safeguards, positioning OKX as a secure leader in decentralized finance (DeFi).

This upgrade feature includes real-time transaction monitoring, hacker address detection, and automatic blocking of suspicious wallets. 

OKX CEO Star Xu says, “OKX Web3 is Chrome and a search engine to blockchain,” which indicates that the update provides a simple, approachable interface for navigating the complex world of decentralized technologies.

The firm is presenting OKX Web3 as a multifaceted, Chrome browser-like platform, which simplifies blockchain access, asset management, and dApp interaction, leveraging deep on-chain data expertise. 

Also read: OKX exchange to launch its own Crypto Wallet soon

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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