{"id":136138,"date":"2024-08-24T11:00:18","date_gmt":"2024-08-24T08:00:18","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136138"},"modified":"2024-08-24T01:44:23","modified_gmt":"2024-08-23T22:44:23","slug":"mt-gox-former-ceo-launches-new-crypto-venture","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/mt-gox-former-ceo-launches-new-crypto-venture\/","title":{"rendered":"Mt. Gox Former CEO Launches New Crypto Venture"},"content":{"rendered":"<p><strong><a href=\"https:\/\/x.com\/MagicalTux\/status\/1826932937599914083\" target=\"_blank\" rel=\"nofollow\">Announced<\/a> <\/strong>recently on X (formerly Twitter), EllipX introduces a new wallet designed to enhance cryptocurrency security and ease of use.<\/p>\n<p>The EllipX Wallet, revealed on August 6, employs a Multi-Party Computation (MPC) system to safeguard private keys by dividing them among the user, their device, and EllipX\u2019s infrastructure.<\/p>\n<p>This innovative approach eliminates the need for traditional recovery phrases and supports <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a> <\/strong>initially, with plans to include <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>and other assets soon.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/india-crypto-exchange-wazirx-to-resume-withdrawals-next-weekindia-crypto-exchange-wazirx-to-resume-withdrawals-next-week\/\" title=\"India Crypto Exchange WazirX to Resume Withdrawals Next Week\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/crypto-wazirx-wallet-1-1200x628-1-240x170.png\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">India Crypto Exchange WazirX to Resume Withdrawals Next Week<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>EllipX aims to provide a secure and user-friendly experience, integrating biometric and hardware security features to protect assets. Karpel\u00e8s described the launch as a significant step toward more secure and accessible crypto management.<\/p>\n<p>Community reactions have been mixed, given Karpel\u00e8s\u2019 controversial past with Mt. Gox, which collapsed in 2014 after losing 850,000 Bitcoins in a major hack. Despite his legal troubles and the negative impact on his reputation, Karpel\u00e8s is now focusing on revamping his image with this new venture.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mark Karpel\u00e8s, former CEO of the defunct Mt. Gox exchange, is making a comeback with a new project called EllipX.<\/p>\n","protected":false},"author":3,"featured_media":39160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-136138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mt. Gox Former CEO Launches New Crypto Venture<\/title>\n<meta name=\"description\" content=\"Mark Karpel\u00e8s, former CEO of the defunct Mt. 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