**DMM Bitcoin Hacked: $305 Million in BTC Stolen**

DMM Bitcoin, a Japanese crypto exchange, confirmed a hack resulting in the theft of 4,502.9 BTC (around $305 million). This is the eighth largest crypto theft in history, according to Elliptic.

The exchange detected the breach and has taken measures to stop further thefts and enhance security. They assured customers that all Bitcoin deposits will be fully guaranteed with support from their group companies.

This highlights ongoing security challenges in the crypto space, with $2 billion stolen last year, the lowest since 2020, according to De.Fi.

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