Today, large Japanese cryptocurrency exchange DMM Bitcoin reported a significant security breach resulting in the loss of 4,502.9 BTC, currently valued at over $300 million. The incident occurred at approximately 1:26 p.m. and involved unauthorized access to the exchange’s wallet.
In an official statement, DMM Bitcoin said that measures have been taken to prevent further unauthorized access by imposing restrictions on certain services in attempt to enhance security. These restrictions include suspending new account openings, processing cryptocurrency withdrawals, and accepting new buying orders for spot trading. However, existing limit orders and withdrawals of Japanese Yen may experience delays.
DMM Bitcoin said that it is committed to fully guaranteeing all customer Bitcoin deposits. “Please rest assured that all of your Bitcoin (BTC) deposits will be fully guaranteed as we will procure the equivalent amount of BTC that was leaked with support from our group companies,” the announcement stated.
The exchange says they “deeply apologize for any inconvenience caused to our customers,” and is actively investigating the details of the breach. DMM Bitcoin says it will provide updates as more information becomes available.
For further inquiries and affected customers are encouraged to visit the DMM Bitcoin customer support page.
Read More[#item_full_content]Bitcoin Magazine – Bitcoin News, Articles and Expert Insights
Silver is higher by nearly 15% on Tuesday, while gold is nearing $5,000 per ounce…
Even as major cryptocurrencies plunge to multi-year lows and forced liquidations ripple across the market,…
Hedera (HBAR) declined 2% and Stellar (XLM) dropped 1.6%, leading the index lower from Monday.Read…
Bitcoin Magazine ING Deutschland Opens Retail Access to Bitcoin Exchange-Traded Products ING Deutschland, one of…
The crypto market has entered one of those phases that rarely make headlines but often…
Bitcoin’s bear-market turn can be traced to Oct. 10, 2025, a session widely described as…