DMM Bitcoin, a crypto exchange, faces a massive unauthorized Bitcoin leak totaling $300M. This ranks as one of the largest hacks in recent memory. Japanese authorities are currently working with the police to investigate the breach. The incident underscores the ongoing risks associated with digital currency exchanges, leading to heightened concerns among investors. Cybersecurity measures are under scrutiny as the consequences of such breaches can be severe. It remains to be seen how this incident will impact the broader cryptocurrency market and regulatory landscape.

The Digest, 5/31/2024 @1000PM, CDT

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