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Japanese Crypto Rxchange DMM Bitcoin Hacked, Losing $305 Million

Mary Liu

Summary: Japanese cryptocurrency exchange DMM Bitcoin suffered a hacker attack, with losses amounting to $305 million.  It is reported that 4,502.9 BTC were stolen from the exchange. DMM Bitcoin said it would guarantee the full amount of the stolen amount. At present, all spot purchases are temporarily restricted, and customers withdrawing yen may face delays. It ...

Japanese cryptocurrency exchange DMM Bitcoin suffered a hacker attack, with losses amounting to $305 million. 

It is reported that 4,502.9 BTC were stolen from the exchange. DMM Bitcoin said it would guarantee the full amount of the stolen amount. At present, all spot purchases are temporarily restricted, and customers withdrawing yen may face delays.

It is reported that this is the second largest hacker attack loss amount for Japanese cryptocurrency exchanges. In 2018, Coincheck was hacked and lost 58 billion yen.

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