BEAMSTART Logo

HomeNews

OKX Suspends DEX Aggregator as it 'Works Diligently' to Upgrade Security

CoinDesk LogoCoinDesk14h ago

OKX Suspends DEX Aggregator as it 'Works Diligently' to Upgrade Security - CoinDesk

Quick Summary:

The platform reportedly caught regulators' attention after reports that it was used to launder some of the proceeds of the recent Bybit hack.

"This decision ensures the transparency of how our software and systems work, along with the safety of our platform and users," they continued.

The spokesperson said that after consulting regulators, they proactively paused our DEX aggregator to implement new tagging and security upgrades.

More Pictures

OKX Suspends DEX Aggregator as it 'Works Diligently' to Upgrade Security - CoinDesk (Picture 1)

or

Article Details

Author / Journalist: Sam Reynolds

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 06:15:22 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 185 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 27073894

View Article Analysis

About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "OKX Suspends DEX Aggregator as it 'Works Diligently' to Upgrade Security" has 185 words across 23 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Which news outlet covered this story?

The story "OKX Suspends DEX Aggregator as it 'Works Diligently' to Upgrade Security" was covered 14 hours ago by CoinDesk, a news publisher based in United States.

How trustworthy is 'CoinDesk' news outlet?

CoinDesk is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 7 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #27073894
  • URL: https://chronographically.beamstart.com/news/okx-suspends-dex-aggregator-as-17421923954919

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2025 BEAMSTART. All Rights Reserved.