Binance has introduced a new 'Alpha' section on its main trading page, offering users more flexibility in purchasing crypto assets. Users can now buy BNB Chain and Ethereum-based assets using USDT, while Solana and Base chain assets can be purchased with USDC. However, for now, other purchasing options are unavailable.
Meanwhile, according to Bloomberg, European crypto regulators are currently investigating a service provided by OKX due to concerns over illicit fund movements. Sources reveal that North Korean hackers allegedly laundered approximately $1.5 billion worth of stolen funds from Bybit through OKX's Web3 platform.
Two insiders disclosed that the regulators are primarily focused on OKX's Web3 service, which the exchange promotes as a decentralized finance (DeFi) platform and self-custody wallet. This service allows crypto traders to access multiple exchanges and blockchain networks. Bybit has stated that authorities believe around $100 million in illicit crypto funds were laundered via the Web3 platform.
As a result of the investigation, OKX DEX has temporarily suspended its services. The crypto community is closely watching for further developments regarding regulatory scrutiny and the potential impact on decentralized exchanges.