News with the tag "OKX"

In the latest twist in the protracted saga of cybersecurity threats to the cryptocurrency space, North Korean hackers have made some of their most impressive gains yet in amassing an enormous store of Bitcoin . Following the recent Bybit attack, a notorious group of cybercriminals related to North K...

The crypto exchange OKX has decided to “temporarily suspend” its decentralized exchange (DEX) aggregator after consulting with regulators. Traders use data from DEX aggregators to find the best-priced trades across various decentralized exchanges. OKX’s aggregator has recently come under scrutiny. L...

In a whirlwind of accusations and denials, the cryptocurrency world is once again ablaze with controversy. This time, the spotlight is on OKX, a major crypto exchange, and allegations that it facilitated the laundering of a staggering $100 million in cryptocurrency pilfered from Bybit. Bloomberg’s r...

Key Takeaways: EU regulators are reexamining crypto oversight as platform designs blur centralized and decentralized boundaries. Scrutiny focuses on ensuring robust anti-money laundering practices within evolving service models. Potential enforcement actions could redefine compliance standards acros...

European regulators are investigating OKX after hackers used its Web3 platform to launder approximately $100 million in stolen crypto from the ByBit hack. Authorities are assessing whether the platform falls under the Markets in Cryptoassets (MiCA) regulations and whether penalties should be imposed...

On March 5, 2025, Whale Alert, a well-known blockchain tracking service, reported a substantial transfer of 95,254,697 XRP—valued at approximately $235.58 million—from OKX to an unidentified wallet. The scale of this transaction has attracted attention from market participants and analysts, promptin...

A mass cryptocurrency heist plan has been identified following different users reporting unauthorized access to their wallet balances on February 14, 2025. Security firms SlowMist and OKX have released a joint report showing that they have found that a rogue app called BOM was responsible for the at...

Get ready for a jolt of excitement in the crypto world! PI Network, the innovative cryptocurrency project focused on mobile mining, has just achieved a remarkable milestone. According to Bitcoin World Market Monitor, PI cryptocurrency has surged to a breathtaking new all-time high of $2.56 on the po...

Confidential protocols put in place to deal with news of regulatory failings by one of the top-five crypto exchanges, OKX, suggest that the company likely has been expecting a settlement with U.S. authorities for some time. This happened on Monday when OKX announced a $500 million-plus settlement wi...

OKX affiliate – Aux Cayes FinTech Co. Ltd – pleaded guilty today to one count of operating an unlicensed money-transmitting business under United States anti-money laundering laws. As part of a settlement with the Department of Justice, the company has agreed to pay over $500 million, which includes...