SBI VC Trade, a crypto finance company based in Japan, has signed an agreement to acquire the assets of DMM Bitcoin exchange, which was hit by a cyber attack. DMM customers’ accounts will be ready in March 2025. SBI will automatically create accounts without requiring DMM customers to open an account. DMM Bitcoin, which could not recover from the attack in May, which resulted in a loss of $320 million, decided to transfer its assets to SBI. This incident shows that attacks on centralized crypto services will double in 2024. Share your views in the comments.