Japanese Crypto Exchange DMM Bitcoin to Shut Down After …

Dec 2, 2024 · 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 …

CouponFollow Extension

$305
OFF

Japanese Crypto Exchange DMM Bitcoin To Shut Down After …

3 weeks from now

Dec 2, 2024 · 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 …

yahoo.com

$305
OFF

Japanese Crypto Exchange DMM Bitcoin To Shut Down Operations

3 weeks from now

Dec 2, 2024 · DMM Bitcoin was hacked on May 31, 2024, resulting in the theft of 4,502.9 BTC, worth approximately $305 million at the time. The exchange confirmed the breach, announcing …

cryptopotato.com

$320
OFF

Japan's DMM Bitcoin Exchange Set To Shut Down - CryptoNewsZ

3 weeks from now

Jul 14, 2024 · Japan’s crypto exchange DMM Bitcoin is reportedly set to shut down following a $320 million loss due to a private key hack in May. The attack, which compromised over 4,500 …

cryptonewsz.com

$305
OFF

Japan's DMM Bitcoin Shuts Down After $305M Hack, SBI VC Trade …

3 weeks from now

Dec 3, 2024 · Japanese crypto exchange DMM Bitcoin, part of the DMM group, will shut down in March 2025, following a $305 million hack earlier this year, according to a statement on …

blockhead.co

$321
OFF

DMM Bitcoin Exchange Shuts Down After A $321 Million Fraud …

3 weeks from now

May 31, 2024 · 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 …

cryptopolitan.com

$320
OFF

Japanese Exchange DMM Bitcoin To Cease Operations After $320 …

3 weeks from now

Dec 3, 2024 · Japan’s cryptocurrency exchange DMM Bitcoin is set to liquidate its assets and wind down operations following a May exploit that resulted in over $320 million drained, …

blockonomi.com

$300
OFF

Japanese Exchange DMM Bitcoin To Shut Down, Transfer Assets To …

3 weeks from now

Dec 2, 2024 · Japanese cryptocurrency exchange DMM Bitcoin will cease operations following a hack in May that resulted in losses exceeding $300 million.. SBI VC Trade, the crypto arm of …

theblock.co

$320
OFF

Japan Crypto Exchange DMM Bitcoin Is Set To Liquidate

3 weeks from now

Update (Dec. 2 at 5:30 am UTC): This article has been updated to include a statement from SBI VC. Japanese cryptocurrency exchange DMM Bitcoin is prepping to liquidate after losing $320 …

cointelegraph.com

$320
OFF

DMM Bitcoin Set For Liquidation After $320 Million Hack

3 weeks from now

Dec 4, 2024 · DMM Bitcoin to Close. According to The Nikkei, DMM Bitcoin, a Japanese crypto exchange, is being liquidated. This comes several months after a $320 million hack targeted …

beincrypto.com

$300
OFF

Japanese Crypto Exchange To Shut Down After $300M Hack, …

3 weeks from now

Dec 3, 2024 · Japanese crypto exchange DMM Bitcoin plans to cease operations by March 2025, transferring customer accounts and custodial assets to SBI VC Trade, the crypto arm of …

decrypt.co

¥55
OFF

Japan Crypto Exchange DMM Bitcoin Shuts Down Following

3 weeks from now

Dec 2, 2024 · Although the exchange was able to obtain ¥55 billion from its parent company, DMM.com, to help offset customer losses, the exchange said that continued restrictions on …

coinpedia.org

$320
OFF

DMM Bitcoin To Shut Down After $320 Million Hack Loss

3 weeks from now

Dec 2, 2024 · DMM Bitcoin, a Japanese cryptocurrency exchange, is preparing to wind down its operations after suffering a significant loss of $320 million in Bitcoin due to a hack in May. The …

dig.watch

$320
OFF

DMM Bitcoin Shuts Down After $320M Hack: Are User Funds Safe

3 weeks from now

Dec 2, 2024 · DMM Bitcoin Winds Down Operations After $320M Hack: Details & Impact. Japanese cryptocurrency exchange DMM Bitcoin, part of the DMM.com group, announced its …

coingabbar.com

$320
OFF

Japanese Crypto Exchange DMM Bitcoin To Liquidate After Hack

3 weeks from now

Dec 2, 2024 · Japanese cryptocurrency exchange 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. …

cryptonews.com

$320
OFF

Japan Crypto Exchange DMM Bitcoin Set For Liquidation

3 weeks from now

Dec 2, 2024 · TOKYO -- Japanese cryptocurrency exchange DMM Bitcoin will liquidate, Nikkei has learned, ceasing efforts to revamp operations after losing 48.2 billion yen ($320 million) in …

nikkei.com

$300
OFF

North Korean Hackers Stole Over $300 Million From DMM Bitcoin

3 weeks from now

Dec 24, 2024 · The DMM Bitcoin exploit was one of the largest crypto hacks of the year.The significant losses and failed retrieval efforts ultimately caused the exchange to shut down …

beincrypto.com

$308
OFF

Shocking $308 Million Heist: North Korean Hackers Target DMM …

3 weeks from now

Dec 27, 2024 · Breaking news in the world of cryptocurrency as the FBI confirms North Korean hackers are behind the massive $308 million breach of the DMM Exchange. Could t...

youtube.com

FAQs about Japanese Crypto Exchange DMM Bitcoin to Shut Down After … Coupon?

Why did DMM bitcoin shut down?

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. ...

Why is Japan's DMM bitcoin shuttering?

Japan’s DMM Bitcoin will shutter after striking a deal with SBI VC Trade to take over its assets. The exchange has operated with restricted services since a $305 million hack in May. ...

When will DMM bitcoin move to SBI VC trade?

“DMM Bitcoin Co., Ltd. is pleased to announce that we have agreed to transfer customer accounts and custody assets to SBI VC Trade Co., Ltd. on November 29, 2024,” the exchange said. As part of its liquidation plan, DMM Bitcoin will move customer accounts and assets to SBI VC Trade by March 2025, the report says. ...

Is the DMM bitcoin breach the biggest crypto theft in Japan?

Overall, the DMM Bitcoin breach ranks as one of Japan’s largest crypto thefts, second only to the $530 million Coincheck hack in 2018. In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. ...

Did tradertraitor hack DMM bitcoin?

The latest investigation suggests that North Korean hackers, known as the TraderTraitor group, were behind the Japanese crypto exchange DMM Bitcoin hack. The TraderTraitor hackers reportedly have close ties with the infamous Lazarus Group. Back in May, the incident saw the exchange lose 4,502 Bitcoin, valued at $308 million. ...

How did DMM bitcoin raise $320 million?

In June, DMM Bitcoin announced plans to raise $320 million to reimburse affected users. The exchange secured a 5 billion yen loan and planned to raise an additional 50 billion yen through a capital increase and subordinated debt. ...