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news-imageMarch 17, 2025

OKX suspends DEX aggregator following Lazarus ‘misuse' and heightened EU scrutiny

OKX halted its DeFi services used by hackers to launder some of the proceeds from the $1.5 billion Bybit hack.
Publisher: The Block
Sentiment: Negative
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More News Articles

Negative
cover-imageCointelegraph
March 17, 2025

Not every AI agent needs its own cryptocurrency: CZ

Artificial intelligence agents need to prioritize their intrinsic utility, not the launch of their in-house native tokens to raise funds. AI agent-related tokens have significantly declined over the past month, as their cumulative market capitalization decreased by over 21% to the current $27 billion, according to CoinMarketCap data.

general-iconGeneral
Positive
cover-imageBitcoin
March 17, 2025

Pakistan Crypto Council Launches to Regulate Digital Assets

The newly established Pakistan Crypto Council aims to integrate blockchain technology and digital assets into the country's financial system through clear regulations and innovation-driven policies. Finance Minister Muhammad Aurangzeb, serving as Chair, emphasized the government's dedication to fostering a secure and progressive crypto ecosystem.

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Negative
cover-imageCoinPedia
March 17, 2025

OKX Suspends DEX Aggregator After Lazarus Hack Attempt

On March 17, OKX paused its decentralized exchange (DEX) aggregator after discovering that the North Korean hacking group Lazarus was attempting to misuse its services. The exchange decided to suspend the DEX aggregator while it works on upgrades to prevent further issues, following consultations with regulators.

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Neutral
cover-imageBeInCrypto
March 17, 2025

5 Economic Events with Crypto Implications This Week

This week, the crypto market will be watching multiple global macroeconomic events. Each event has significant implications for traditional markets and, by extension, risk assets like crypto.

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Negative
cover-imageCoingape
March 17, 2025

OKX Suspends DEX Aggregator Service After Use By Bybit Hackers

Crypto exchange OKX announced that it would be suspending its DEX aggregator services as the recent investigation from the EU regulator showed that perpetrators of the $1.5 billion Bybit hack, used the exchange's services to launder funds. The exchange has blamed North Korea's Lazarus group for misusing its DeFi services.

general-iconGeneral
Neutral
cover-imageCointelegraph
March 17, 2025

Trump's second ex-wife calls for end of persecution against Roger Ver

US President Donald Trump's second ex-wife, Marla Maples, has shown support for ending the country's case against early Bitcoin advocate Roger Ver, known as “Bitcoin Jesus.”“Sharing more re [regarding] the call to dismiss the prosecution against Roger Ver,” Maples said in a March 16 X post, sharing a video created by an organization aimed at supporting Ver and tagging Trump, Elon Musk and US Attorney General Pam Bondi.

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Neutral
cover-imageCointelegraph
March 17, 2025

Trump's second ex-wife calls for end of prosecution against Roger Ver

US President Donald Trump's second ex-wife, Marla Maples, has shown support for ending the country's case against early Bitcoin advocate Roger Ver, known as “Bitcoin Jesus.”“Sharing more re [regarding] the call to dismiss the prosecution against Roger Ver,” Maples said in a March 16 X post, sharing a video created by an organization aimed at supporting Ver and tagging Trump, Elon Musk and US Attorney General Pam Bondi.

general-iconGeneral
Negative
cover-imageBeInCrypto
March 17, 2025

Darknet Vendors Shift to DeFi as Crypto Laundering Tactics Evolve

According to Chainalysis' 2025 Crypto Crime Report, darknet market (DNM) vendors are adapting their money laundering tactics. While centralized exchanges (CEXs) remain the dominant cash-out method, a notable shift has been toward decentralized finance (DeFi) protocols.

general-iconGeneral
Neutral
cover-imageCoinPedia
March 17, 2025

Pakistan Launches Crypto Council to Regulate Blockchain and Digital Finance

Pakistan is making a major shift in its approach to cryptocurrency with the launch of the Pakistan Crypto Council (PCC). This move signals a change from its previous skepticism, where digital assets were seen as a financial risk due to their potential use in illicit activities.

general-iconGeneral
Negative
cover-imageCointelegraph
March 17, 2025

OKX suspends DEX aggregator to stop ‘further misuse' by Lazarus

Crypto exchange OKX has temporarily paused its decentralized exchange aggregator to prevent “further misuse” by North Korean hacking collective Lazarus Group.“Recently, we detected a coordinated effort by Lazarus group to misuse our defi services,” said OKX on March 17.

general-iconGeneral
Positive
cover-imageCrypto Reporter
March 17, 2025

Top 7 Trending Meme Coins to Watch in March 2025 For Massive Gains

Meme coins have taken the crypto world by storm, proving that humor, community, and innovation can drive serious financial gains. But which ones are set to dominate in 2025? With the market shifting rapidly, staying ahead means knowing the best meme coins to invest in March 2025.

general-iconGeneral
Negative
cover-imageCointelegraph
March 17, 2025

Crypto platform Debiex must pay $2.5M in CFTC ‘pig butchering' case

Crypto platform Debiex has been ordered to pay around $2.5 million after it failed to respond to a US Commodity Futures Trading Commission suit accusing it of being a romance scam ring.Arizona federal court Judge Douglas Rayes on March 13 granted the CFTC's earlier motion for summary judgment in its case and ordered Debiex to pay back around $2.26 million it stole from its customers, along with a civil penalty of nearly $221,500. Judge Rayes said there was no evidence that Debiex's failure to respond to the CFTC was the result of “excusable neglect.

general-iconGeneral
Negative
cover-imageCointelegraph
March 17, 2025

Crypto users report new scam emails spoofing Coinbase, Gemini

Crypto users have reported a rise in scam emails made to look like they're from crypto exchanges Coinbase and Gemini that attempt to get users to set up a new wallet with pre-generated recovery phrases controlled by scammers.In several examples posted to X, the email claims to be from Coinbase, asking users to transition to self-custodial wallets and providing instructions on downloading the legitimate Coinbase Wallet, giving a deadline of April 1 to make the switch. Source: Steve Kaczynski However, it also provides pre-generated recovery phrases.

general-iconGeneral
Negative
cover-imagePYMNTS
March 16, 2025

ECB: US Embrace of Crypto Could Trigger Financial Crisis

A European Central Bank (ECB) official says America's embrace of cryptocurrency and non-bank finance could backfire. “The United States risks sinning through negligence,” Francois Villeroy de Galhau, a member of the bank's governing council, said in an interview with French weekly La Tribune Dimanche on Saturday (March 15).

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