US Prosecutors Seek Reduced Sentence for Bitfinex Hacker Ilya Lichtenstein 

US Prosecutors Seek Reduced Sentence for Bitfinex Hacker Ilya Lichtenstein 

U.S. prosecutors are requesting a reduced sentence for Ilya Lichtenstein, the mastermind behind the 2016 Bitfinex bitcoin heist, citing his significant cooperation in recovering stolen assets. Lichtenstein faces sentencing for stealing 120,000 bitcoin, worth $71 million at the time. U.S. Government Recommends Lighter Sentence for Bitfinex Hacker Due to Cooperation Prosecutors are recommending a lighter…

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Bitcoin ETF Inflows Climb While Ethereum Funds Face a Day of Losses

Bitcoin ETF Inflows Climb While Ethereum Funds Face a Day of Losses

Based on the latest figures from Tuesday’s exchange-traded fund (ETF) trading sessions, the 12 spot bitcoin ETFs experienced another day of positive inflows, totaling $371.02 million. In contrast, the nine ethereum-based ETFs recorded outflows, with $12.7 million exiting the ether funds. Bitcoin ETFs Pull in $371M While Ethereum Funds Drop by $12.7M On Tuesday…  » …Read…

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LBank Unveils Future Compliance Strategy, Accelerating Global Expansion in the Crypto Market

LBank Unveils Future Compliance Strategy, Accelerating Global Expansion in the Crypto Market

On October 14th, Eric He, LBank’s Chief Angel Officer and Risk Control Advisor, shared insights into the exchange’s future market plans and global compliance strategy via social media. He noted, “To better meet the regulatory requirements of various jurisdictions, our official independent sites will launch in several regions by the end of this year and…

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