Japanese crypto exchange DMM Bitcoin confirmed on Friday that it had been the sufferer of a hack ensuing within the theft of 4,502.9 bitcoin, or about $305 million.
According to crypto safety agency Elliptic, that is the eighth largest crypto theft in historical past.
DMM Bitcoin mentioned it detected “an unauthorized leak of Bitcoin (BTC) from our wallet” on Friday and that it was nonetheless investigating and had taken measures to cease additional thefts. The crypto exchange mentioned it additionally “implemented restrictions on the use of some services to ensure additional safety,” in accordance with a machine translation of the corporate’s official weblog put up (written in Japanese).
The firm additionally promised that each one prospects’ Bitcoin deposits “will be fully guaranteed as we will procure the equivalent amount of BTC that was leaked with support from our group companies.”
DMM Bitcoin didn’t instantly reply to a request for remark.
According to De.Fi, the web3 safety agency that tracks crypto thefts and scams, hackers stole round $2 billion in crypto throughout dozens of cyberattacks and thefts final yr. While that’s nonetheless a gargantuan quantity of crypto, the whole was the bottom since 2020.