#Japanese Crypto Exchange DMM #Bitcoin Suffers $305M Hack

4,502.9 BTC ($305 million) was stolen from the exchange.

DMM Bitcoin said it will guarantee the full amount stolen.

All spot buys have been temporarily restricted and customers withdrawing yen may face delays.
#Japan #BTC #DMMBitcoin
$BTC

"Breaking News Alert! 🚨 DMM Bitcoin, the renowned Japanese exchange, hit by a massive hack, with a staggering $300 million in Bitcoin stolen! 😱 This shocking incident underscores the urgent need for heightened security measures within the cryptocurrency ecosystem. Stay glued for the latest updates on this gripping saga. #DMMBitcoin $BTC #HackAttack #BitcoinHeist 💰🔒"

am🔥🔥 Over 37,000 BTC💰 have been withdrawn from #crypto exchanges in the past 72 hours, worth around $2.53 billion!

Explanation of whole senerio:

1. A panic created in retailers by spreading news of MTGOX. Whales take opportunity and bought dips.

2. Whales use Trump guilty stance to buy more cheaper BTC.

3. Creating a panic in retailers to sell by showing them level of 63k and 65k. So, whales can bought. Diamond hands holding, Whales hand stealing from retailers not buying from retailers.

4. DMM $300M cause selling pressure but why whales buying and shifting to wallet? Indicating a pump in few days.

Look on chain data whales treat every bad news as good news. Time to buy not sell.

Follow #MU_Traders for more analysis .

#StartInvestingInCrypto #Megadrop #MtGox #DMMBitcoin

JUST IN: Japanese cryptocurrency exchange #DMMBitcoin reportedly hacked, with $300M in $BTC

potentially stolen.

$BTC Japanese Crypto Exchange DMM Bitcoin Suffers $320M Hack

DMM Bitcoin, a Japanese crypto exchange, lost 50 billion yen ($320 million) worth of Bitcoin to a hack. A total of 4,503 Bitcoin were stolen, making this the seventh-largest crypto hack and the second largest in Japan.

DMM $BTC Bitcoin plans to raise funds to compensate users for their losses and to purchase an equivalent amount of Bitcoin to replace the stolen amount. The exchange has restricted all spot buys on the platform and warned customers of potential delays in Japanese yen withdrawals.

The Financial Services Agency has mandated DMM Bitcoin to provide a detailed account of the breach and outline compensation protocols for affected customers. This incident highlights the ongoing risks and challenges in the cryptocurrency industry, and the need for robust security measures to protect users' assets.#btc70k #DMMBitcoin

(lookonchain)

Japanese #crypto exchange #DMMBitcoin was hacked, losing 4,502.89 $BTC , worth $305M!

Currently, the hacker has transferred the 4,502.89 $BTC to 10 addresses.

Address:
bc1qegcazuxnp5wxxxamdqvjv345fpve6656vpjln4
bc1qgcv2j80009apvjekph40wagwutfu6l3gcm2fw0
bc1q2u9m2eqy8glvrjeqr5sceqngpad6dnxrtyxlf3
bc1q2tu4dxyvnaquar96mj99yqjanfzgg3fv4gzytd
bc1q7p3atj3v95k4pd7qxnnqlhjwu843ty2hqn9gy0
bc1qr4vnu4f4tl3gwfxt6a5hgt6vuusgsd0j2cnz74
bc1q3ur23g02rq5w0x6y8vek3xradjgs080nzksfje
bc1qrtltlc7zjzj3knde2tqjt7tl2p5l2keh4l2uka
bc1qx6jpnnfjrfcx9ehhdmj7qqyzpyd8pek00trrq7
bc1q7pdecv2raf3x84unxlv9ghtpjfpwlam6dx27xd

😱🫨New Mt. in Japan Gox case: $300 million worth of Bitcoin was stolen

The Japan-based #DMMBitcoin Bitcoin exchange was hacked and $300 million worth of Bitcoin was stolen from the exchange. The company will pay compensation to those who suffered losses.

#Bitcoin worth 48 billion yen (about $ 305 million) has been stolen from DMM Bitcoin, one of Japan's major exchanges. The news was shared by Japanese media Nikkei.

In the news, it was stated that the stock exchange management decided to pay compensation to those who suffered losses. In a statement from the exchange where more than 4500 Bitcoins were stolen, “You can be sure that you will get back as many Bitcoins as you lost. The assets of our company and the assets of our customers are kept separately. ” it was said.

As it is known, in Japan, the law allows exchanges to keep their own assets and customer assets separately.
Membership, purchasing and leveraged transactions have also been suspended on the exchange for the time being.

The biggest one happened in 2018
In the cryptocurrency world, Japan is the most Mt. Gox is known for the hacking incident. in 2014, Mt. More than 800 thousand BTC were stolen from Gox and the stock market sank. Mt. Gox will start making payments to its victimized customers in a short time, about 10 years later.

Japan's biggest hacking attack in this sense took place in 2018. 58 billion yen worth of Bitcoins were stolen from the Coincheck exchange.
#binance #Japan #BTC

Japanese crypto exchange DMM suffers $305million #BTC hack !
That's why #BTC is dumping

#Japan #DMMBitcoin
$BTC

The DMM Bitcoin exchange in Japan got hacked, and $300 million worth of Bitcoin was stolen. This shows how cryptocurrency exchanges still face security problems. Keep watching for more updates on this news.
#DMMBitcoin #hack #bitcoin☀️ $BTC

🚨 Breaking News: Japanese Exchange DMM Bitcoin Hacked, $300 Million in Bitcoin Stolen

The Japanese exchange DMM Bitcoin has been hacked, resulting in the theft of $300 million worth of Bitcoin from the platform. This incident highlights the ongoing security challenges faced by cryptocurrency exchanges. Stay tuned for more updates on this developing story.

#DMMBitcoin #Hack #Bitcoin $BTC

BREAKING: Major security breach at Japanese exchange DMM #Bitcoin 🚨

$308 million in #Bitcoin $BTC stolen, but exchange vows to reimburse users😮

#DMMBitcoin #btc70k #StartInvestingInCrypto

A Japanese exchange called DMM Bitcoin got hacked. Hackers stole $300 million worth of Bitcoin from the platform. This shows how security is still a big problem for cryptocurrency exchanges.
#DMMBitcoin #Hack
$BTC #bitcoin☀️

🚫important information⚠
JUST IN: Japanese cryptocurrency exchange #DMMBitcoin reportedly hacked with $300M in #BTC☀ potentially stolen
#Megadrop #MtGox #StartInvestingInCrypto
like follow spot Me💹💸