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COINTURK NEWS > Cryptocurrency Security > Bitcoin Price Surpasses $69,000 Amid Japanese Crypto Exchange Hack
Cryptocurrency Security

Bitcoin Price Surpasses $69,000 Amid Japanese Crypto Exchange Hack

In Brief

  • Bitcoin price surpassed $69,000 after positive US data.

  • Japanese crypto exchange DMM Bitcoin was hacked, losing 305 million dollars.

  • All stolen balances will be refunded to customers, and trading activities were paused.

COINTURK NEWS
COINTURK NEWS 12 months ago
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Bitcoin price surpassed $69,000, which was expected after positive US data. However, a popular Japanese crypto exchange was hacked at the same time. Even in the unpredictable world of crypto, this coincidence is quite troubling. So, what are the details of the latest development?

Latest Cryptocurrency News

Japan-based crypto exchange DMM Bitcoin was hacked. The total loss amounts to 48 billion yen, equivalent to 305 million dollars. The exchange announced that all stolen balances would be refunded to customers and guaranteed this. In its website announcement, DMM Bitcoin stated that 4,502 BTC were withdrawn from the exchange and measures were taken to prevent further asset outflows.

“Please be assured that we will secure an equivalent amount of BTC with the support of group companies and guarantee the full amount.”

Following the hack, all trading pairs were restricted, and trading activities were paused. Withdrawal transactions may take longer due to verifications at this stage. Previously, the Coincheck platform was also hacked in the region, and a similar amount was stolen in local currency.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 31 May, 2024 - 5:05 pm 31 May, 2024 - 5:05 pm
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