SBI VC Trade, the crypto-focused subsidiary of Japanese financial giant SBI Holdings, is taking over the accounts and assets of DMM Bitcoin exchange. 🪙
- The transfer will take place on March 8, 2025, following the $305 million hack in May 2024.
- DMM users will automatically switch to SBI without any new registrations.
- 14 new cryptocurrencies are being added: TRX, SAND, ALGO, MKR.
- ETH, AVAX, OAS, FLR, and HBAR holders will receive staking rewards. 🌟
This development highlights the durability of blockchain technology and the future potential of cryptocurrencies.