DMM Bitcoin, a subsidiary of DMM Group, has reported a significant security breach resulting in the theft of 4,502.9 bitcoin ( BTC), valued at approximately $303 million. The Japanese cryptocurrency exchange detected the unauthorized transfer of funds from its wallet at 1:26 p.m. on Friday, May 31, 2024. In response, DMM Bitcoin has assured its customers that all stolen funds will be reimbursed, with the procurement of the equivalent amount of bitcoin supported by its group companies.
Over $300M in BTC Stolen From Japanese Exchange DMM Bitcoin in Major Security Breach
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