On December 2nd local time, Japanese cryptocurrency exchange DMM Bitcoin announced that it will cease operations, with plans to transfer all customer assets to Japan's digital financial group SBI's subsidiary SBI VC Trade by March next year, and take measures to close the business. Prior to this, the exchange suffered a large-scale hacking incident, losing over 4,500 bitcoins.
It is worth mentioning that, thanks to U.S. President-elect Trump's promise to implement a series of favorable policies for the cryptocurrency industry, the cryptocurrency market led by Bitcoin has continued to surge, with Bitcoin prices hitting new highs. According to data from cryptocurrency analysis firm CoinGecko, the total market capitalization of the crypto market has surged by approximately $1.2 trillion.
At the same time, U.S. exchange-traded funds (ETFs) that directly invest in Bitcoin and Ethereum are also highly sought after by market funds. According to compiled media data, the net inflows of funds for Bitcoin and Ethereum ETFs in the just-past month of November both set historical records. #ETH持续飙升