Former Mt. Gox CEO Mark Karpeles makes his comeback
Quick Take Former Mt. Gox CEO Mark Karpeles is making his comeback to crypto with the launch of a new exchange, EllipX.
Episode 7 of The Crypto Beat was recorded with The Block's Editor-In-Chief Tim Copeland and Former Mt. Gox CEO Mark Karpeles.
Listen below, and subscribe to The Crypto Beat on YouTube , Apple , Spotify , Twitch or wherever you listen to podcasts. Please send feedback and revision requests to [email protected]
Former Mt. Gox CEO Mark Karpeles joined Tim Copeland to discuss his return to the crypto space with the launch of a new exchange: EllipX.
OUTLINE
00:00 Introduction
04:37 - Another exchange?
6:20 - Trust issues
12:44 - Why Europe?
15:15 - Security features
17:55 - FTX collapse opens the market
25:09 - Post-FTX collapse
31:54 - Ungox
36:47 - Mt Gox repayments
40:38 - Closing thoughts
The Block Community
The Block is launching a new community experience for fans of The Scoop! Follow us on Lens to stay in the loop: hey.xyz/u/theblockcommunity
The Block Newsletters
The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Here’s why BlackRock believes autonomous AI systems will drive next stablecoin boom
BlackRock expects exchange-traded compute futures as it pitches stablecoins for AI agents
Report: TSMC to Raise Wafer Foundry Prices by 3% to 6% Starting January Next Year, Order Visibility Extended to 2030
According to media reports, TSMC's advanced and high-priced processes such as 2nm and 3nm have seen the largest price increases; mature and specialty processes are subject to individual negotiation based on products, capacity utilization, and customer conditions. Currently, TSMC's 8-inch fabs have a capacity utilization rate exceeding 100%, and processes below 45nm are at full capacity. The construction of AI data centers is not only driving demand for GPU and HBM, but also boosting orders for mature processes such as PMIC, MCU, and analog ICs.
U.S. Treasury plans to repurchase up to $6 billion in long-term bonds, 30-year yield hits highest since 2007
This is the second round of enhanced long-term bond buybacks by the Treasury, this time focusing on 20- to 30-year government bonds. After the announcement of the planned upper limit, the yield on 30-year U.S. Treasury bonds continued to rise, at one point exceeding 5.4%. In the first round of enhanced buybacks two weeks ago, the upper buyback target was also $6 billion, which was lower than some market participants had expected, and the actual buyback amounted to only $5.2 billion due to insufficient competitive bidding, according to the Treasury.
