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Tag: ORME

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CryptoQuant Reports CME Basis Compression, Says Bitcoin Bottom Not Formed
CME basis compression and a 47% drop in open interest signal deleveraging, but no clear capitulation bottom has formed.
Signs of stress are building in Bitcoin’s derivatives markets. Cooling demand for futures exposure and a sharp drop in open interest… Read full article
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Former Mt. Gox CEO Pushes Hard Fork Plan to Recover Lost Bitcoin
Key Takeaways

Former Mt. Gox CEO proposed a hard fork to recover about 80,000 BTC from the “1Feex” address.
The funds would go toward compensating Mt. Gox creditors.
The idea has reignited the debate over Bitcoin’s immutability.
Lack of network… Read full article
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How Mt. Gox’s Former Boss Plans To Retrieve 80,000 Bitcoin Stolen In 2011 Via Hard Fork
Mark Karpelès, ex-CEO of the collapsed Japanese crypto giant Mt. Gox, is proposing a Bitcoin hard fork that could unlock nearly 80,000 BTC — worth more than $5.2 billion— from a long-dormant address linked to the notorious 2011 hack.

Mt.… Read full article
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Mt. Gox's former CEO floats hard fork to recover 80K hacked Bitcoin
Mark Karpelès said it has been 12 years since the start of Mt. Gox’s bankruptcy proceedings and “this is probably the last sore point on this whole case.” Read full article
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