Japan crypto exchange says lost $300 mn bitcoin in ‘leak’

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Japanese crypto exchange DMM Bitcoin said it had lost bitcoin worth around $300 million in what it described as 'an unauthorised leak' from its digital wallet.

Japanese crypto exchange DMM Bitcoin said it had lost bitcoin worth around $300 million in what it described as "an unauthorised leak" from its digital wallet.Japanese crypto exchange DMM Bitcoin said it had lost bitcoin worth around $300 million in what it described as “an unauthorised leak” from its digital wallet.

DMM Bitcoin did not give details on the “leak” but global cryptocurrency analysis firm Chainalysis said it was one of the biggest crypto hacks. All of its customers’ “Bitcoin deposits will be fully guaranteed” with support from its group companies, the company said. Thieves stole 850,000 bitcoins from Japanese exchange Mt. Gox in 2014. It was worth around $470 million at the time.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

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