Japan crypto DMM says $300m bitcoin lost in digital ‘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 unauthorized leak” from its digital wallet.

“We have already taken measures to prevent the unauthorized leak, but we have also implemented restrictions on the use of some services to ensure additional safety,” the exchange said. “Today’s hack of Japanese exchange DMM Bitcoin for $305M worth of bitcoin is the biggest hack since Dec 2022 and the 7th largest crypto hack ever,” Chainalysis said in a post on social media platform X, adding it had labelled the funds as “stolen.”

All of its customers’ “Bitcoin deposits will be fully guaranteed” with support from its group companies, the company said.

 

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