In its history, the Japanese exchange experienced two major hacking incidents, namely Mt.Gox and Coincheck. DMM is a well-known large-scale adult entertainment company in Japan. Despite claiming to fully compensate its users, according to industry insiders, the DMM exchange’s annual profit is only 1/20 of the lost assets, which is likely to cause significant damage. DMM even operated at a loss in the previous fiscal year…
Breaking News: Japanese licensed exchange DMM falls victim to theft, loses 4,503 bitcoins, totaling 48.2 billion Japanese yen.