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Ilya Lichtenstein credits Trump’s First Step Act for early release in Bitfinex hack case

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Ilya Lichtenstein, who was sentenced to five years in prison in November 2024 after pleading guilty to charges linked to the Bitfinex cryptocurrency exchange hack in 2016, was released from prison after only 14 months behind bars. “Thank you to the president [Donald] Trump’s First Step Act, I’ve been released from prison early,” Lichtenstein said […]

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Chairman of the board Tom Lee argues for a larger share count

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Tom Lee, Chairman of ether ETH$3,130.02 Treasury company BitMine Immersion (BMNR), called on shareholders to approve a board proposal for a sharp increase in the company’s authorized share count. In an early-year announcement, Lee said the proposal to increase the company’s number of shares to 50 billion from 500 million is not a precursor to

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$110 billion in crypto to leave South Korea by 2025 as trade rules lag global markets

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South Koreans moved more than 160 trillion won ($110 billion) from local crypto exchanges to foreign platforms last year due to regulatory restrictions in the country, one of Asia’s most active digital asset markets, a joint Coingecko and Tiger Research report revealed on Friday. The legislative framework has been slow to develop. In December, the

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Bitfarms (BITF) exits Latin America with sale of site in Paraguay

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Bitcoin miner Bitfarms (BITF) is set to exit Latin America with the sale of its site in Paso Pe, Paraguay. The company is selling the site to Sympatheia Power Fund (SPF), managed by Singapore-based Hawksburn Capital, for up to $30 million, the company announced on Friday. The transaction, which is subject to customary closing conditions,

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Turkmenistan adopts crypto legislation that allows mining and exchanges to attract foreign investment

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Turkmenistan officially introduced the Virtual Assets Law, legalizing cryptocurrency mining and crypto exchanges as it looks to boost economic development and attract foreign investment. The new rules, signed into law by President Serdar Berdimuhamedov on November 28, provide a framework for the use, creation and exchange of virtual assets in the country. A 2025 study

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Iran accepts cryptocurrency as payment for advanced weapons

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Mindex, the export center of Iran’s Ministry of Defense, accepts cryptocurrency payment method for advanced weapons systems as a means of circumventing international sanctions that the country is facing. Potential customers can purchase weapons such as missiles, tanks and drones using crypto, among other accepted payment methods, including Iranian rials or barter, according to the

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Internet Computer (ICP) climbs back to $3 as near-term momentum improves

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ICP$3.0110 moved higher over the past 24 hours, gaining about 3% to trade around $3.013 after climbing as high as $3.03. The advance extended a short-term rally that began from the upper $2.80s, with the price gradually building higher lows before clearing the $3.00 psychological threshold, according to CoinDesk Research’s technical analysis data model. The

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