SBI VC Trade has sealed a deal with DMM Bitcoin to receive the hacked exchange’s assets, with DMM customers expected to transition to SBI in March.
The FBI, Japan’s National Police Agency, and the Department of Defense Cyber Crime Center have confirmed that North Korean-linked hackers orchestrated the May 2024 $305 million breach of the Japanese crypto exchange DMM Bitcoin. A joint statement issued on Dec. 23 attributed the attack to TraderTraitor threat actors, also known as Jade Sleet, UNC4899, and […]
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DMM Bitcoin, which suffered a private key hack in May that caused a loss of $320 million in Bitcoin is reportedly ceasing efforts to revamp operations.
Blockchain sleuth ZachXBT suggested that North Korea-backed Lazarus Group orchestrated the $305 million hack of the Japan-based DMM Bitcoin exchange. In a social media post on July 14, ZachXBT pointed out the similarities in the “laundering techniques and off-chain indicators” used by the Lazarus Group and those seen in the movement of funds by the […]
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Over $35 million in funds from a cryptocurrency exchange hack in May has reportedly been moved to the online marketplace “Huione Guarantee” this month.
In May, the crypto community endured devastating losses to hackers, resulting in the highest loss tally recorded in 2024 to date.. According to a report from blockchain security firm Peckshield, hackers made away with $385 million in May, highlighting the sophistication of these bad actors and the consistent need for effective security measures in the […]