Japanese Crypto Exchange DMM Bitcoin Loses $305M in Hack

DMM Bitcoin

Key Insights: DMM Bitcoin lost 4,502.9 BTC worth $305 million in a major hack. The exchange has restricted spot buys and warned of delays in yen withdrawals. DMM Bitcoin guarantees to cover the full amount of stolen BTC with support from group companies. Japanese cryptocurrency exchange DMM Bitcoin suffered a loss of 4,502.9 BTC, valued … Read more

Rain Crypto Exchange Reassures Users Post $14.8M Security Breach


Key Insights: Rain Crypto Exchange confirms no customer losses following a $14.8 million theft, ensuring continued secure services and full fund safety. Enhanced security measures implemented swiftly by Rain post-breach to protect against future threats, maintaining trust and compliance standards. Rain collaborates with global law enforcement to track stolen funds and culprits after the security … Read more

Io.net Responds to Cybersecurity Breach with Enhanced Security Measures


Key Insights: Io.net detected a SQL injection breach affecting GPU metadata during a surge in API write operations. Remedial actions included SQL injection checks and the deployment of user-specific authentication solutions. Despite the attack, Io.net’s hardware remains secure, safeguarded by robust permission layers. Io.net, a key player in decentralized physical infrastructure, recently faced a cybersecurity … Read more