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Hacked Japan Exchange to Raise About $320 Million to Buy Bitcoin (BTC)

Japanese crypto exchange DMM Bitcoin plans to raise 50 billion yen ($321 million) from group companies and plow the funds into buying the largest digital asset to make customers whole after suffering a major hack.In a statement Wednesday, the platform said it will “take care” to avoid affecting the Bitcoin market with the planned purchases and added that a probe into the cause of last week’s “unauthorized outflow” is ongoing....

Read more at bloomberg.com

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