Crypto exchange DMM plans to raise 50 billion yen through capital increase and internal borrowing to cover fees such as customer withdrawals
DMM Bitcoin, the crypto asset exchange operator of the Japanese cryptocurrency exchange DMM Group, plans to raise more than 50 billion yen (322 million dollars) through capital increase and intra-group borrowing to pay for customer withdrawals and other expenses. In response to the bitcoin leak incident that occurred on May 31, DMM Bitcoin will fully guarantee the leaked customer bitcoin with the support of the group company.
It was previously reported that the Japanese cryptocurrency exchange DMM Bitcoin was hacked and lost $4,502.89 in BTC, worth $305 million. The hackers have transferred $4,502.89 in BTC to 10 addresses.