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Weekly: Crypto Market Crash, SEC Case Against Ripple Labs Closed, New ETF Applications, and Authorities' Interest in OKX

Hackers who stole $1.5 billion from Bybit attacked the OKX crypto exchange🤔

OKX Web3 is a DEX aggregator, a platform that aggregates liquidity from multiple decentralized exchanges (DEXs) to provide users with the best trading rates. The OKX DEX service allows you to exchange cryptocurrency across different blockchain networks, comparing prices from different DEXs in real time and choosing the most profitable option.

Users can still use other OKX cryptocurrency services and wallets, but the creation of new wallets will be limited in some regions until additional updates are completed. The timing of the DEX aggregator's restoration is not yet known.

OKX has a history of regulatory problems, including recently having its affiliate pay a fine of over $500 million to the US Department of Justice for violating anti-legalization laws.

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