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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 partners for BTC lottery Martin Young / Cointelegraph : Japan crypto exchange DMM Bitcoin is set to liquidate Dhara Chavda / The Crypto Times : DMM Bitcoin Ends Operations After Hack, Transfers Funds to SBI VC Rony Roy / crypto.news : SBI VC trade to acquire Japan's DMM Bitcoin following May hack Ruholamin Haqshanas / Cryptonews : Japanese Crypto Exchange DMM Bitcoin to Liquidate After $320M Hack Kaustubh Bagalkote / Benzinga : Japan's DMM Bitcoin Shuts Down Amid $320M Fraud, Plans To Transfer Assets To SBI Group Bluesky: @ransomwaresommelier.com : Are there any crypto services that haven't had hundreds of millions stolen at this point?  —  via @jgreig.bsky.social & @therecordmedia.bsky.social

The Record