Breaking News: Licensed Japanese Exchange DMM Falls Victim to Theft, Losing 4,503 Bitcoins, Equivalent to 48.2 Billion Japanese Yen
In its history, the Japanese exchange has experienced two major hacking incidents, namely Mt.Gox and Coincheck. DMM is a well-known adult video enterprise in Japan, which claims to fully compensate its users for their losses. However, according to industry insiders in Japan, DMM Exchange’s annual profit is only 1/20 of the lost assets, which is likely to cause significant damage. Even in the previous fiscal year, DMM was in a state of loss…