US government says funds from 2016 hack should return to Bitfinex
Due to a prior reimbursement plan from Bitfinex, many victims of the 2016 hack do not legally qualify as victims eligible for reimbursement. Go to Source
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Court Orders $9 Billion Bitcoin Restitution in Bitfinex Hack Case
A federal court has determined that 94,643 bitcoin, seized following the infamous 2016 Bitfinex hack, will be returned to the cryptocurrency exchange as part of voluntary restitution agreements tied to plea deals with the convicted perpetrators. Voluntary Restitution in Bitfinex Hack Includes $9 Billion in Bitcoin With a valuation exceeding $9 billion, this recovery represents … Read more
Bitcoin breakout ‘likely no later’ than Jan FOMC meeting: 10x Research
Bitcoin’s price is primed for a breakout before the end-of-month FOMC meeting, but it could go either way, says a crypto analyst. Go to Source
Bitfinex Derivatives Moves to El Salvador After Receiving License
Bitfinex, a cryptocurrency exchange, has recently moved its derivatives services division to El Salvador, transitioning customers to a new jurisdiction after receiving a Digital Asset Service Provider (DASP) license. Bitfinex Derivatives El Salvador S.A. de C.V., a Salvadoran local entity, will now provide these services. Customers must approve a new set of service terms to … Read more
Bitcoin Could Hit $200K in 2025—Analysts See Macro Trends Aligning
Bitcoin’s path to $200,000 in 2025 is fueled by ETFs, institutional demand, and macroeconomic shifts, with analysts warning of volatility amid transformative growth. Bitcoin’s $200K Milestone: Analysts Highlight ETF Power and Adoption Bitfinex analysts have painted a bullish outlook for bitcoin in their latest Alpha report, citing strong institutional demand and the lasting effects of … Read more
Bitfinex hacker speaks out after sentencing
Ilya Lichtenstein urged his social media followers not to blame his wife — also implicated in money laundering — for the 2016 Bitfinex hack. Go to Source
Bitcoin may hit $200K by mid-2025 as price drops ‘will remain mild,’ says Bitfinex
Bitfinex analysts believe the increasing Bitcoin institutional adoption will create strong demand-side pressure, making Bitcoin price dips in 2025 short and temporary. Go to Source
Bitcoin may ‘pump then rotate back’ if US strategic reserve gets approved
A crypto analyst warns that Bitcoin’s price could face volatility if the highly anticipated United States Bitcoin Strategic Reserve bill gets passed. Go to Source
Bitcoin tumbles will be ‘less abrupt’ after realized profit drops 76%
Bitcoin’s daily realized profit metric has fallen 76% after the initial hype about $100,000 Bitcoin began to wane off, according to crypto analysts. Go to Source
Bitfinex Securities debuts tokenized US T-bills under El Salvador laws
Bitfinex Securities’ initial offering targets to raise a minimum of $30 million to proceed with the issuance of the token that will be traded under the ticker USTBL. Go to Source
