According to Odaily, DMM Bitcoin, a Japanese cryptocurrency exchange, has experienced a significant theft resulting in a loss of $305 million worth of Bitcoin in May. This incident marks the largest monthly loss for the year 2024. The loss suffered by DMM Bitcoin is the sixth-largest recorded in the past three years. Since the beginning of the year, the total loss has reached approximately $821 million. The theft at DMM Bitcoin underscores the ongoing security challenges faced by cryptocurrency exchanges worldwide.
DMM Bitcoin Suffers Largest Monthly Loss in 2024
![](https://public.bnbstatic.com/image/pgc/202211/ff39a105a210ecd0a61407a69ad82dbd.jpg)
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