dmm

US and Japanese law enforcement say North Korean hackers were responsible for stealing 4,502.9 BTC, worth $308M, from Japanese crypto exchange DMM in May 2024

Sheldon Reback / CoinDesk :

US and Japanese law enforcement say North Korean hackers were responsible for stealing 4,502.9 bitcoin, worth $308M, from Japanese exchange DMM in May 2024

The $308 million hack of Japanese crypto exchange DMM in May was the work of North Korean hackers, the U.S. and Japanese law enforcement agencies said Monday.

Japanese crypto exchange DMM Bitcoin shuts down and plans to move accounts and assets to crypto firm SBI VC Trade by March 2025, after a $300M+ hack in May 2024

Details Callan Quinn / CoinDesk : Japanese Crypto Exchange DMM Bitcoin to Shut Down After $305M Hack Oluwapelumi Adejumo / CryptoSlate : Japanese SBI supports DMM Bitcoin amid closure as Metaplanet pa...

TRM: cryptocurrency stolen through hacks grew 110% YoY to $1.38B in H1 2024; five large attacks accounted for 70% of all the crypto that was stolen

- Attack on Japanese exchange DMM Bitcoin was biggest in 2024  — Amount is still below the record 2022 level, TRM says

Japanese crypto exchange DMM Bitcoin plans to raise ~$321M to buy back bitcoin and make users whole after an “unauthorized outflow” of 4,503 bitcoin on May 31

- DMM Bitcoin suffered one of largest hacks of a crypto platform  — Exchange gathering cash to buy Bitcoin to make customers whole

Japanese crypto exchange DMM Bitcoin says it has lost 4,502.9 bitcoin, worth about $308M, in an “unauthorised leak”, and is investigating the incident