Japanese Crypto Exchange DMM Bitcoin to Shut Down

Japanese Crypto Exchange DMM Bitcoin to Shut Down After $305M Hack
Japanese crypto exchange DMM Bitcoin will shut down and transfer its accounts and assets to trading platform SBI VC Trade in March next year, it said in a statement on Dec. 2. The decision was made after the exchange suffered a hack in May. Hackers siphoned off over 4502.9 bitcoin (BTC), worth nearly $305 million at the time.
DMM Bitcoin exchange liquidates, and rug pulls are on the rise: Crypto-Sec
DMM Bitcoin will reportedly liquidate after $320 million hack DMM Bitcoin has given up on continuing operations under its current business structure and will liquidate, according to a report from Nikkei Asia.
Japanese Crypto Exchange to Shut Down After $300M Hack, Transfer Accounts to SBI
Japanese crypto exchange DMM Bitcoin will transfer customer accounts and assets to SBI VC Trade by March 2025 following a massive cyberattack.
Japanese Crypto Exchange DMM Bitcoin to Liquidate After $320M Hack
DMM Bitcoin is preparing to wind down its operations following a massive $320 million loss in Bitcoin due to a private key hack in May.
Japan crypto exchange DMM Bitcoin is set to liquidate
Japanese crypto exchange DMM Bitcoin is set to liquidate following a huge hack earlier this year when it lost around $320 million in Bitcoin.
Crypto Exchange DMM Bitcoin Shuts Down After $305 Million Hack
Japanese crypto exchange DMM Bitcoin is shutting down after hackers stole 4,502 Bitcoin (BTC) valued at about $305 million U.S. at the time the theft occurred in May of this year. DMM Bitcoin said it plans to transfer all its accounts and assets
Crypto Exchange DMM Bitcoin Collapses After $320 Million Security Breach
Japan's crypto exchange, DMM Bitcoin, announced liquidation. The company cited recovery issues following a hack of $320 million Bitcoins in May 2024. DMM Bitcoi
Japan's DMM Bitcoin to end business after losing 48 bil. yen in leak
Japanese cryptocurrency exchange DMM Bitcoin Co. said Monday it will go out of business after losing 48.2 billion yen ($320 million) worth of digital assets in an unauthorized leak late May. The exchange will transfer its customer assets to SBI VC Trade Co.
DMM Bitcoin exchange shuts down after a $321 million fraud incident
DMM Bitcoin, a Japanese crypto exchange is shutting down its operations according to a recent report by Nikkei Asia. The exchange was unable to recover from a massive fraud incident that occurred earlier in May,
Japan's DMM Bitcoin Shuts Down Amid $320M Fraud, Plans To Transfer Assets To SBI Group
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DMM Bitcoin Set for Liquidation after $320 Million Hack
DMM Bitcoin is closing after a $320 million hack linked to the Lazarus Group. Customer accounts will transfer to SBI VC Trade.
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