DMM Bitcoin

Highlights: SBI VC Trade finalized the deal to take over DMM Bitcoin assets after suffering a cyber breach in May. The agreement details entail moving DMM Bitcoin customers to the SBI VC Trade platform. The hacked crypto exchange customers will […]

Highlights: DMM Bitcoin is shutting down after losing $320 million in a May hack affecting over 4500 BTC. Customer assets will be transferred to SBI VC Trade in March next year following the company’s shutdown. Japan is tightening crypto regulations […]

Japanese cryptocurrency exchange DMM Bitcoin has revealed plans to raise 50 billion yen (approximately $321 million) to address the recent security breach. According to a Bloomberg report, the company intends to source these funds from its group companies. To compensate […]