Is Africa on the cusp of a crypto renaissance, or are we doomed to repeat history and face another crypto calamity? The recent saga involving OKX, its DEX aggregator, and the infamous Lazarus Group has thrown a harsh spotlight on the promise and peril of decentralized finance (DeFi) in Africa....
OKX is making its return to the DEX aggregator scene following a Lazarus Group-generated absence. They’ve touted their new security features designed to prevent the bad guys from getting in. Are these measures the equivalent of the Maginot Line – impressive in theory but simple to circumvent in practice? Or,...
Following a security incident involving the Lazarus Group, OKX has undertaken a significant overhaul of its decentralized exchange (DEX) operations. This revamp involves more than a projected $1.6 billion in tech upgrades—it’s a deliberate change in governance and creative risk management. Navigating the often-treacherous waters of DeFi is intimidating for...