DMM Bitcoin Hacked for $305 Million! 🤯

Japanese crypto exchange DMM #Bitcoin suffered a security breach resulting in the loss of 4,502.89 $BTC , valued at roughly $305 million at the time of writing. Lookonchain reports the stolen funds have been transferred to ten separate addresses.

This incident serves as a stark reminder of the importance of exchange security and the ever-present risk of hacks in the #cryptocurrency space. Investors should carefully consider the security measures employed by exchanges before entrusting them with their digital assets.