Bitcoin’s Value Plunges as Japanese Exchange Suffers Hack

In a recent update, we reported on the unfortunate hacking incident that occurred at the prominent Japanese cryptocurrency exchange, DMM Bitcoin. As a consequence of this breach, a significant amount of BTC, valued at over $300 million, was transferred to nine separate addresses. This suspicious activity strongly suggests the involvement of crypto mixers and the intention to sell these assets. With the concern that the sale of Bitcoin could potentially have a detrimental impact on the market, investors decided to adopt a cautious approach and opted to sell their holdings. For the most up-to-date news in the world of technology, access NEWSLINKER.