Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy

October 23, 2024 Bitcoin.com

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Japanese cryptocurrency exchange DMM Crypto has secured Neoclassic Capital, a Florida-based global investment firm, as its lead investor. DMM Crypto also partnered with Presto, a quantitative trading company. The investments will support DMM Crypto’s Seamoon Protocol, which aims to create a Web3 economic hub for businesses and creators. Bringing DMM Group’s IP Development Capabilities to […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Japan to Review Crypto Regulations, Potentially Easing Tax Burden

October 1, 2024 Bitcoin.com

Bitbank

Japan is reportedly set to review its cryptocurrency regulations, potentially reducing taxes on digital assets. The Financial Services Agency (FSA) plans to assess whether current crypto regulations under the payments act provide sufficient investor protection. The review may lead to reclassifying crypto as financial instruments under Japan’s investment law, which could enhance safeguards and bring […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Hackers Behind DMM Crypto Exchange’s $305,000,000 Bitcoin Heist Move 850 BTC: Blockchain Security Firm

August 24, 2024 The Daily Hodl

Bitcoin

The hackers who plundered $305 million worth of Bitcoin from a Japanese crypto exchange earlier this year are moving their BTC. In May, the Japanese trading platform DMM Bitcoin lost 4,502.9 BTC in what the crypto investigative firm Chainalysis called “the seventh-largest crypto hack ever.” The blockchain security firm PeckShield says wallets associated with the hackers […]

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Solana ETF Momentum Grows Amid Reports of SEC Engagement

North Korean Hackers Lazarus Group May Be Behind $305,000,000 DMM Bitcoin Attack, Says On-Chain Researcher

July 16, 2024 The Daily Hodl

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The North Korean hacking outfit, Lazarus Group, could be responsible for the cyber attack on a Japanese crypto exchange in May that led to the loss of Bitcoin (BTC) worth hundreds of millions of dollars, according to an on-chain sleuth. Pseudonymous blockchain investigator ZachXBT tells his 610,500 followers on the social media platform X that cybercriminals […]

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Solana ETF Momentum Grows Amid Reports of SEC Engagement

Hacked Japanese Crypto Exchange to Raise 50 Billion Yen to Repay Customers

June 5, 2024 Bitcoin.com

Bitcoin

DMM Bitcoin, a major cryptocurrency exchange based in Japan, has revealed its plan to secure 50 billion yen ($320 million) to repay customers after a significant security breach resulted in the loss of 4,503 bitcoins. The BTC leaked from the platform’s wallet on May 31. To ensure full reimbursement for affected customers, DMM Bitcoin plans […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Over $300M in BTC Stolen From Japanese Exchange DMM Bitcoin in Major Security Breach

May 31, 2024 Bitcoin.com

Over 0M in BTC Stolen From Japanese Exchange DMM Bitcoin in Major Security Breach

bitcoin.com

DMM Bitcoin, a subsidiary of DMM Group, has reported a significant security breach resulting in the theft of 4,502.9 bitcoin (BTC), valued at approximately $303 million. The Japanese cryptocurrency exchange detected the unauthorized transfer of funds from its wallet at 1:26 p.m. on Friday, May 31, 2024. In response, DMM Bitcoin has assured its customers […]

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