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

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. Th...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Hacked Japanese Crypto Exchange to Raise 50 Billion Yen to Repay Customers
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 […]

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This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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