🚨 Crypto Drama Alert! 🚨

DMM Bitcoin, a Japanese crypto exchange, is bowing out after a $320M Bitcoin heist in May. The hackers, suspected to be the notorious Lazarus Group, made off with over 4,500 BTC. Despite promises to cover user losses, DMM is now passing the torch to SBI VC Trade by March.

This marks the second-largest crypto theft in Japan, trailing only the infamous $530M Coincheck hack. Meanwhile, centralized exchange hacks are trending in 2024, with WazirX, BingX, and BtcTurk also hit hard.

What do you think about the future of crypto security? Share your thoughts below! 💬