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Japanese Crypto Exchange DMM Bitcoin Hit by $305M Theft

The exchange promises to fully guarantee customer deposits as it investigates the massive breach.

  • Hackers stole 4,502.9 BTC, valued at $305 million, from DMM Bitcoin's wallet.
  • The theft is one of the largest in cryptocurrency history, ranking eighth overall.
  • DMM Bitcoin has halted several services, including crypto withdrawals and new account openings.
  • The company is working with group companies to replace the stolen bitcoin and ensure customer deposits.
  • Japan's Financial Services Agency has ordered an investigation into the incident.
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