September 13, 2024 at 06:23 AM GST updated: September 12, 2024 at 06:15 PM 2 mins read News The Mt. Gox data breach in 2014 is one of the biggest and most consequential cryptocurrency hacks, shedding light on early weaknesses in the sector. Recent attacks such as the multi-chain hack on BitMart show that threats…
September 12, 2024 at 02:46 AM GST updated: September 12, 2024 at 12:43 AM 2 mins read News Mark Karpeles launches EllipX, a crypto exchange offering real-time transparency and fully audited reserves.  EllipX is based in Europe, leveraging MiCA regulations for a secure operating environment.  Karpeles, Mt. Gox’s former CEO, applies past lessons to ensure…
Using Poland as its hub, the soon-to-be platform EllipX will debut in Europe. The new crypto exchange is making efforts to comply with MiCA regulations. During an interview at the Korea Blockchain Week event in Seoul, South Korea, crypto entrepreneur Mark Karpeles—former CEO of Mt. Gox—said that he plans to launch his new cryptocurrency exchange…
FTX Derivatives Exchange is reportedly on track to distribute $16 billion in assets to its affected creditors. The bankrupt firm recently amended its reorganization plan, offering the possibility of total repayment. These refunds might include the amounts of the bankruptcy claims and interest to the non-governmental creditors. The total property value collected and distributed to…
The bankrupt Mt. Gox Bitcoin exchange transferred 13,265 BTC worth around $784 million on Aug. 21, according to Arkham Intelligence. 12,000 BTC were then directed to a new address, while the remaining 1,265 went into a cold wallet associated with Mt. Gox. It is the first major movement of BTC by the exchange trustee in three…