{"id":314277,"date":"2024-05-31T21:00:13","date_gmt":"2024-05-31T15:30:13","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=314277"},"modified":"2024-05-31T21:00:13","modified_gmt":"2024-05-31T15:30:13","slug":"hacker-ransacks-japanese-exchange-dmm-for-305-million-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/hacker-ransacks-japanese-exchange-dmm-for-305-million-crypto-news\/","title":{"rendered":"Hacker Ransacks Japanese Exchange DMM For $305 Million &#8211; Crypto News"},"content":{"rendered":"<p>The company said affected users will be paid back in full.<\/p>\n<div>\n<p>DMM Bitcoin, a Japanese cryptocurrency exchange, has suffered a hack worth more than $300 million.<\/p>\n<p>Announced on May 31, DMM Bitcoin only revealed that its exploiter was able to make off with 4,502 BTC worth $305 million. The company has yet to disclose further details regarding the heist.<\/p>\n<p>\u201cAt approximately 1:26 p.m. on Friday, May 31, 2024, we detected an unauthorized leak of Bitcoin (BTC) from our wallet,\u201d said in a<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/bitcoin.dmm.com\/news\/20240531_01\">statement<\/a>, according to Google Translate. \u201cThe details of the damage are still under investigation\u2026 We have implemented restrictions on the use of some services to ensure additional safety.\u201d<\/p>\n<p>The restrictions include screening new accounts, delaying the processing of withdrawals, suspending buy orders for spot transactions, and suspending new open positions for leveraged trading.<\/p>\n<p>DMM Bitcoin has assured customers that it will guarantee the full amount lost.<\/p>\n<p>The $305 million figure is among the<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.kaspersky.com\/resource-center\/threats\/crypto-exchange-hacks\">largest losses<\/a> suffered by a centralized cryptocurrency exchange to date, according to Kaspersky, a cybersecurity firm. It lands second for the region, trailing fellow Japanese platform Coincheck, which lost $534 million in NEM in Jan. 2018.<\/p>\n<p>First place for the largest loss of funds on a centralized exchange belongs to the infamous<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/markets\/crypto-markets-decline-amid-mt-gox-jitters\">Mt. Gox<\/a>, which in its heyday hosted 70% of all BTC trade volume. In 2014, it suffered a colossal hack that saw attackers siphon away 744,000 BTC worth $450 million at the time.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The company said affected users will be paid back in full. DMM Bitcoin, a Japanese cryptocurrency exchange, has suffered a hack worth more than $300 million. Announced on May 31, DMM Bitcoin only revealed that its exploiter was able to make off with 4,502 BTC worth $305 million. The company has yet to disclose further [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":314280,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-314277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/314277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=314277"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/314277\/revisions"}],"predecessor-version":[{"id":314281,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/314277\/revisions\/314281"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/314280"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=314277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=314277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=314277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}