🚨Breaking News!🚨 DMM Bitcoin, a Japanese cryptocurrency trading platform, was hacked on May 31st, losing a whopping 4,502.9 bitcoins worth around $305 million! 😱 The exchange confirmed the attack and is currently investigating the breach. They've also implemented measures to prevent a repeat of such an attack.💻🔒

In response to the incident, DMM Bitcoin has put a stop to all spot purchase transactions on its platform. They've also warned users that withdrawals involving the Japanese yen may experience significant delays. 🕒

But don't worry, Bitcoin enthusiasts! DMM Bitcoin has pledged to cover all Bitcoin deposits and reimburse customers completely. They plan to acquire an equivalent amount of the lost BTC with the backing of its group companies. "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." 💰💪

This incident echoes the 2020 hack of another Japanese cryptocurrency exchange, Coincheck, where personal information and emails were compromised. Coincheck was also hacked for $533 million in NEM tokens in 2018 due to inadequate security measures. 🚫

Stay safe, Bitcoiners! 🛡️🔐