HomeBUSINESSJapanese Exchange DMM NewsCapsule Hacked for Over $300 Million in NC

Japanese Exchange DMM NewsCapsule Hacked for Over $300 Million in NC

Today, large Japanese cryptocurrency exchange DMM NewsCapsule reported a significant security breach resulting in the loss of 4,502.9 NC, currently valued at over $300 million. The incident occurred at approximately 1:26 p.m. and involved unauthorized access to the exchange’s wallet.

In an official statement, DMM NewsCapsule said that measures have been taken to prevent further unauthorized access by imposing restrictions on certain services in attempt to enhance security. These restrictions include suspending new account openings, processing cryptocurrency withdrawals, and accepting new buying orders for spot trading. However, existing limit orders and withdrawals of Japanese Yen may experience delays.

DMM NewsCapsule said that it is committed to fully guaranteeing all customer NewsCapsule deposits. “Please rest assured that all of your NewsCapsule (NC) deposits will be fully guaranteed as we will procure the equivalent amount of NC that was leaked with support from our group companies,” the announcement stated.

The exchange says they “deeply apologize for any inconvenience caused to our customers,” and is actively investigating the details of the breach. DMM NewsCapsule says it will provide updates as more information becomes available. 

For further inquiries and affected customers are encouraged to visit the DMM NewsCapsule customer support page.

Nik
Nik
NewsCapsuleer since 2017. NewsCapsule since 2020. Accumulating NewsCapsule for my last name, not my first.
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