{"id":19139,"date":"2026-01-04T06:14:16","date_gmt":"2026-01-04T06:14:16","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitfinex-hacker-released-early-bitmine-ceo-urges-share-increase-approval-south-koreans-move-110b-offshore-weekly-recap\/"},"modified":"2026-01-04T06:14:22","modified_gmt":"2026-01-04T06:14:22","slug":"bitfinex-hacker-released-early-bitmine-ceo-urges-share-increase-approval-south-koreans-move-110b-offshore-weekly-recap","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitfinex-hacker-released-early-bitmine-ceo-urges-share-increase-approval-south-koreans-move-110b-offshore-weekly-recap\/","title":{"rendered":"Bitfinex hacker released early, BitMine CEO urges share increase approval, South Koreans move $110B offshore | Weekly Recap"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">In this week\u2019s edition of the weekly recap, the Bitfinex exchange hacker secured early prison release through criminal justice reform legislation, BitMine Immersion\u2019s chairman requested shareholder approval for massive authorized share expansion, and South Korean traders transferred over $110 billion to foreign platforms amid domestic regulatory constraints.<\/p>\n<div id=\"cn-block-summary-block_4e4f1948a3ff7ec46c8d99a8b6353511\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitfinex hacker gained early release under US prison reform legislation.<\/li>\n<li>Treasury firms reshaped crypto strategies as firms expand staking and share plans.<\/li>\n<li>Governments worldwide advanced crypto rules, from Turkmenistan to China.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">Bitfinex hacker credits Trump legislation for early release<\/h2>\n<ul class=\"wp-block-list\">\n<li>Ilya Lichtenstein <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/cipherstein\/status\/2006939277230297536\" target=\"_blank\" rel=\"nofollow\">announced<\/a> Thursday via X that he has been released from prison early under President Donald Trump\u2019s 2018 First Step Act.<\/li>\n<li>Lichtenstein, who confessed to orchestrating the cryptocurrency exchange hack, stated he \u201cremains committed to making a positive impact in cybersecurity as soon as I can\u201d following his release.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">BitMine chairman addresses share authorization proposal<\/h2>\n<ul class=\"wp-block-list\">\n<li>Tom Lee, chairman of Ethereum treasury firm BitMine Immersion, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/fundstrat\/status\/2007085334136311971\" target=\"_blank\" rel=\"nofollow\">urged<\/a> shareholders to approve a board proposal increasing the company\u2019s authorized share count from 500 million to 50 billion.<\/li>\n<li>In a start-of-year message, Lee clarified that the proposed increase is not intended to \u201cdilute\u201d existing shareholders.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Iran accepts cryptocurrency for weapons purchases<\/h2>\n<ul class=\"wp-block-list\">\n<li>Mindex, the export center of Iran\u2019s Ministry of Defense, began accepting cryptocurrency payments for advanced weapons systems as a method to bypass international sanctions.<\/li>\n<li>Prospective customers can purchase missiles, tanks, and drones using cryptocurrency alongside other accepted payment methods including Iranian rials or bartering according to the center\u2019s website.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Turkmenistan legalizes cryptocurrency operations<\/h2>\n<ul class=\"wp-block-list\">\n<li>The country officially implemented the Law on Virtual Assets legalizing cryptocurrency mining and exchanges to boost economic development and attract foreign investment.<\/li>\n<li>President Serdar Berdimuhamedov signed the regulations November 28, providing a framework for virtual asset use, creation, and exchange within the nation.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Cuban and Mavericks defeat Voyager fraud lawsuit<\/h2>\n<ul class=\"wp-block-list\">\n<li>A cryptocurrency class action alleging Mark Cuban and the Dallas Mavericks defrauded investors by promoting now-bankrupt crypto lender Voyager Digital has been dismissed in its entirety.<\/li>\n<li>U.S. District Court Judge Roy K. Altman dismissed the matter December 30, ending claims under various state securities laws and consumer fraud statutes according to Cuban\u2019s legal team at Brown Rudnick.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Trump Media announces shareholder token distribution<\/h2>\n<ul class=\"wp-block-list\">\n<li>The company behind Truth Social revealed Wednesday plans to distribute a new digital token to shareholders through a partnership with Crypto.com.<\/li>\n<li>The token will be issued on Crypto.com\u2019s Cronos blockchain, with each shareholder receiving one token for every whole share of DJT stock held once the program launches.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Cypherpunk expands privacy coin holdings<\/h2>\n<ul class=\"wp-block-list\">\n<li>The Winklevoss twins-backed digital asset treasury firm <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/investors.leaptx.com\/news-releases\/news-release-details\/cypherpunk-accelerates-zcash-accumulation-increases-treasury\" target=\"_blank\" rel=\"nofollow\">purchased<\/a> $28 million worth of privacy coin zcash, bringing total holdings to 290,062 ZEC valued at $152 million.<\/li>\n<li>Nasdaq-listed Cypherpunk Technologies acquired 56,418 tokens at an average price of $514.02 per token, now holding approximately 1.76% of zcash\u2019s circulating supply.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Prenetics abandons Bitcoin treasury strategy<\/h2>\n<ul class=\"wp-block-list\">\n<li>The health-sciences company that raised $48 million earlier this year partially to build a Bitcoin treasury announced it will cease BTC purchases amid prolonged cryptocurrency market weakness.<\/li>\n<li>Prenetics launched its accumulation strategy in June following the model championed by Michael Saylor\u2019s Strategy Inc., but enthusiasm faded after October\u2019s steep market downturn.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">China introduces interest-bearing digital yuan<\/h2>\n<ul class=\"wp-block-list\">\n<li>The People\u2019s Bank of China <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/mp.weixin.qq.com\/s\/9WbwnKpZbtY-OGu1Vu6YEA\" target=\"_blank\" rel=\"nofollow\">announced<\/a> Monday a major framework overhaul revealing that commercial banks will begin paying interest on digital yuan holdings.<\/li>\n<li>This policy change aims to promote adoption of the state-backed digital currency by providing financial incentives for users to hold balances.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>In this week\u2019s edition of the weekly recap, the Bitfinex exchange hacker secured early prison release through criminal justice reform legislation, BitMine Immersion\u2019s chairman requested shareholder approval for massive authorized&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8120,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/19139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=19139"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/19139\/revisions"}],"predecessor-version":[{"id":19140,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/19139\/revisions\/19140"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/8120"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=19139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=19139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=19139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}