Odaily Planet Daily News: The Japanese cryptocurrency exchange DMM Bitcoin will cease operations and sell its assets to a subsidiary of the SBI Group. Due to a theft incident at the end of May this year, where 48.2 billion yen worth of Bitcoin was stolen, the company's services were restricted, leading it to abandon attempts to restructure its operations. Client assets held by DMM Bitcoin are expected to be transferred to SBIVC Trade, a cryptocurrency exchange under the SBI Group, around March 2025. (Nikkei) Earlier in May, it was reported that DMM Bitcoin was hacked and 4502.9 BTC was stolen, resulting in losses of 305 million dollars.