X-Industry

DMM Bitcoin is a cryptocurrency exchange based in Japan, operated by DMM Group, a large Japanese e-commerce and entertainment conglomerate. Launched in 2018, the platform allows users to trade various cryptocurrencies, including Bitcoin, Ethereum, and Ripple, through spot trading and leverage trading services. In June 2024, the Japanese cryptocurrency exchange announced that cybercriminals stole 4,502.9 Bitcoin (BTC), approximately $304 million (48.2 billion yen), from its wallets.

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US banks are backing away from crypto companies, concerned by a regulatory crackdown that threatens to sever digital currencies from the real-world financial system.  Banking regulators are raising concerns about banks’ involvement with crypto clients following last year’s blowup of Sam Bankman-Fried’s FTX. The Securities and Exchange Commission is aggressively pursuing the industry’s bigger players in a crackdown that threatens to narrow their reach.  That move has alarmed bankers who don’t wan