Japanese crypto exchange DMM Bitcoin outlines funding plan t | Coins▪︎Trading▪︎Crypto News
Japanese crypto exchange DMM Bitcoin outlines funding plan to cover over $300 million in hack losses
DMM Bitcoin has outlined plans to cover losses from the theft of over $300 million in bitcoin from the Japanese crypto exchange last week. At the time of the attack, DMM Bitcoin said 4,502.9 BTC ($306 million) had been stolen in an “unauthorized outflow of funds.” It sought to reassure users, stating it would guarantee the full amount of their deposits by procuring an equivalent amount of bitcoin.
