Massive $320M Hack Pushes DMM Bitcoin to Wind Down—Assets Moving to SBI Group

TL;DR Japanese crypto exchange DMM Bitcoin is winding down operations after a $320 million hack compromised a wallet containing over 4,500 Bitcoin. The breach forced DMM Bitcoin to halt withdrawals, new account sign-ups, and trading activities, despite promises to protect customer deposits. Customer accounts and assets will be transferred to SBI VC Trade by March ... source: https://crypto-economy.com/massive-320m-hack-pushes-dmm-bitcoin-to-wind-down-assets-moving-to-sbi-group/