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
Emerging-market currencies post decade-best returns vs. dollar
Share link:In this post: Emerging-market currencies have delivered their best returns in over a decade, with Brazil’s real gaining over 20% against the dollar. A weaker Fed stance and cautious emerging-market central banks are driving the carry trade’s 10% surge in 2025. Citi remains bullish but warns that a stronger U.S. rebound next year could flip the trend.

Analysts expect XRP ETFs to be approved in 60 days
Share link:In this post: US Senator Tim Scott says up to 18 Democrats may back the Senate’s Digital Asset Market Clarity Act. The legislation would define how the SEC and CFTC regulate digital assets, including spot crypto markets. Scott expects the bill to be finalized by September, though opposition from Sen. Elizabeth Warren remains strong.

Oracle builds massive data centers for OpenAI, staking claim in AI cloud race
Share link:In this post: Oracle is building massive data centers for OpenAI in a multibillion-dollar deal announced at the White House. The company is spending over $1 billion a year on just one gas-powered site in Texas. TikTok, Uber, Nvidia, and Zoom are also major Oracle Cloud customers.

Thailand introduces crypto payments for tourists

Trending news
MoreCrypto prices
More








