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DMM Bitcoin exchange says bitcoin worth over $300 million leaked
Japan's cryptocurrency exchange DMM Bitcoin said on Friday that 4,502.9 bitcoin worth about 48.2 billion yen ($308 million) had been leaked. It gave no details of how what it called a leak occurred but said it was investigating. The company said it had taken measures for the leak and restricted some services. DMM Bitcoin also said it would procure an equivalent amount of its customers' bitcoin deposits that was leaked.
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Japanese Crypto Exchange DMM Bitcoin Suffers $305M Hack
DMM Bitcoin, a Japanese cryptocurrency exchange, said it lost 48 billion yen ($305 million) of bitcoin (BTC) following a hack. In a blog post on its website, DMM Bitcoin said 4,502.9 BTC "leaked" out of the exchange. Measures have been taken to avoid further unauthorized outflows. "Please be assured that we will procure the equivalent amount of BTC equivalent to the outflow with the support of the group companies and guarantee the full amount," DMM Bitcoin said. The exchange has restricted all spot buys on the platform and added that Japanese yen withdrawals "may take more time than usual." The loss marks ... (full story)
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