đ Bitcoin enthusiasts, brace yourselves! DMM Bitcoin, a major Japanese crypto exchange, is set to close by March 2025 after a massive hack led to losses over $300 million. Despite valiant recovery efforts, the exchange couldn't bounce back, leading to a decision to transfer all assets to SBI VC Trade. đ
SBI VC Trade will take over customer accounts and assets, with plans to expand services by offering 14 crypto spot trading options. This transition is expected to wrap up by Q1 2025. đ
While DMM Bitcoin's closure marks a significant event, the resilience and potential of Bitcoin continue to shine. Stay optimistic, BTC believers! đ