Japanese cryptocurrency exchange DMM Bitcoin announced that they detected an unauthorized leak of Bitcoins in its platform wallet at 1 pm on Friday (31st). The number of illegally leaked Bitcoins was 4502.9 BTC, worth approximately 48.2 billion. Japanese yen (equivalent to approximately US$308 million).
DMM Bitcoin stated in the announcement that it is still investigating the details of this loss and has taken measures to prevent unauthorized leaks. To ensure additional security, some trading and withdrawal functions on the platform will be restricted.
DMM Bitcoin also stated that all Bitcoin deposits of its customers will be fully guaranteed "as we will receive funds equivalent to the leaked BTC with the support of the group company". The parent company of DMM Bitcoin is Japanese e-commerce group DMM Group.
Data from blockchain security company Beosin shows that hackers have dispersed the bitcoins stolen from DMM Bitcoin to 10 addresses, and its trackers will continue to monitor the flow of funds. Arkham, an on-chain intelligence platform, announced that it would set up a special bounty to identify hackers for this incident.
Source: Beosin Alert
This article Japanese crypto exchange DMM Bitcoin was hacked, worth more than $300 million in bitcoins. It appeared first on Zombit.
