#Bitfinex to return stolen coins#

The U.S. government has stated in court documents that the 94,000 BTC stolen in the 2016 Bitfinex hack should be returned to the cryptocurrency exchange in the form of physical restitution. This news has garnered widespread attention within the industry, seen as a positive sign of the government's stance on crypto asset recovery. Meanwhile, Hong Kong-based regulated digital asset financial services provider HashKey Group has predicted that Bitcoin will break through $300,000 this year, with Ethereum reaching $8,000, pushing the total cryptocurrency market capitalization to $10 trillion. This prediction suggests that despite recent market volatility, institutional investors remain confident in the long-term value of cryptocurrencies.It is noteworthy that South Korea plans to draft a follow-up cryptocurrency regulatory framework by the end of 2025, with initial discussions focusing on the transparency and accountability of exchanges and stablecoin issuers. This indicates a growing emphasis on cryptocurrency regulation globally, and future regulatory policies will have a significant impact on industry development.