<ul><li>Crypto exchange OKX is temporarily halting its decentralized finance (DeFi) service in response to media attacks on its credibility and regulatory concerns from the EU.</li><li>The company stated that it had exposed a coordinated attempt by the Lazarus organization to abuse its DeFi services and noticed an increase in competitive attacks.</li><li>EU regulators are investigating OKX over allegations of money laundering linked to the Bybit hack, potentially resulting in the revocation of its MiCA license.</li><li>OKX is strengthening security measures to prevent further misuse of its DEX aggregator and is working to enhance labeling accuracy and implement a hacker address detection system.</li></ul>

Crypto Giant OKX Freezes DeFi Service Amid EU Concerns

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