What’s Trending in Crypto Today? OKX Pauses DEX, Flashbacks to Gensler
OKX DEX Service pause, Gary Gensler’s MIT lecture, and Bitcoin price analysis are among the top trending topics on X (Twitter).
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While popular crypto voices discuss what’s going on in the market, we spotlight the top 3 discussions on crypto Twitter to keep you in the loop.
1. Star Xu Clarifies the OKX DEX Service Pause. What’s Lazarus Group’s Role in It?
Star Xu, founder and CEO of the crypto exchange OKX addressed the uncertainty over the platform's DEX service halt on March 17. The company announced a temporary pause of their DEX aggregator, citing incomplete tagging on blockchain explorers and the rollout of new security features as reasons.
This decision came after media reports suggested that the Lazarus Group, which was behind the $1.5 billion Bybit hack, was laundering profits through the exchange.
Earlier, Star Xu explained that OKX DEX functions as an aggregator that helps users find the cheapest trading options across various DEXes. He mentioned that OKX had communicated with Bybit following the incident and implemented measures such as freezing funds.
According to Xu, the scrutiny regarding OKX's alleged role in facilitating fund laundering is misleading. In his recent post, he emphasized that OKX continues to combat misuse of its services:
We already rolled out a lot of controls for OKX Web3 to fight with the misuse including prohibited markets' ip blocking and real-time black address detection and blocking system.
2. Bitcoin Buddha’s Throwback to Gensler’s Bitcoin Talk at MIT
Popular Bitcoin maximalist on X, Bitcoin Buddha, shared an old video of former SEC chair Gary Gensler discussing the Bitcoin white paper during a lecture at MIT (Massachusetts Institute of Technology).
In the video, Gensler assigns the Bitcoin white paper to students, emphasizing its importance in tech. Commenting on the footage, Bitcoin Buddha calls Gensler and Bitcoin a legendary combo, adding that MIT students are very lucky.
Gensler's engagement with Bitcoin has been a topic of interest, especially given his regulatory role at the SEC, where he faced criticism from the crypto community but also showed support for Bitcoin.
The former SEC chair stepped down from his role on January 20, 2025, and later announced his return to MIT.
3. Titan of Crypto Predicts Bullish Momentum for Bitcoin
Bitcoin trader and technical analyst Titan of Crypto (@Washingorira) suggests prices could rise in the short term.
His prediction is based on a Japanese charting technique called the Ichimoku Cloud. Titan of Crypto explains that Bitcoin's price has moved above a key line (the Tenkan, shown in red) and is heading toward another line (the Kijun, shown in blue).
This technical analysis suggests that Bitcoin could continue rising in the short term.
At the time of writing, Bitcoin is trading at around $83,000, marking a 25% decline from its January highs.
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