#Hackers steal $305M from DMM Bitcoin crypto exchange

Japanese crypto exchange DMM Bitcoin confirmed on Friday that it had been the victim of a hack resulting in the theft of 4,502.9 bitcoin, or about $305 million.

DMM Bitcoin said it detected “an unauthorized leak of Bitcoin ($BTC ) from our wallet” on Friday and that it was still investigating and had taken measures to stop further thefts. The crypto exchange said it also “implemented restrictions on the use of some services to ensure additional safety,” according to a machine translation of the company’s official blog post (written in Japanese).

The company also promised that all customers’ Bitcoin deposits “will be fully guaranteed as we will procure the equivalent amount of BTC that was leaked with support from our group companies.”