Japanese cryptocurrency exchange DMM Bitcoin will cease operations and sell its assets to a subsidiary of the SBI Group. Due to a Bitcoin theft incident worth 48.2 billion yen that occurred at the end of May this year, which resulted in limited services, the company abandoned attempts to restructure its operations. Customer assets held by DMM Bitcoin are expected to be transferred to the SBI Group's cryptocurrency exchange SBIVC Trade around March 2025. (Nikkei) Previously in May, it was reported that DMM Bitcoin was hacked and 4502.9 BTC were stolen, resulting in a loss of 305 million dollars.