top of page
  • Writer's pictureAspen Digital

Mt. Gox Creditors Refute Rumours That It Will Offload 137,000 BTC


Daily Market Wrap

  • Crypto market cap: 0.98 trillion, down 0.85%

  • BTC price stands at USD 20,176, down 0.66%

  • ETH price stands at USD 1,568, down 1.22%

  • Top gainer: UNUS SED LEO (LEO), up 7.77%

  • Top loser: Helium (HNT), down 6.98%


News of the Day


Mt. Gox creditors refute rumours that the exchange will offload 137,000 BTC into the market

Why it matters:

  • Mt. Gox creditors dismiss rumours of dumping a massive amount of 137,000 BTC on the market, highlighting that the defunct exchange’s repayment system is still not yet live

  • Eric Wall, a self-proclaimed Mt. Gox creditor, and others assured that Mt. Gox will not be releasing the Bitcoin, and will delay the distribution once again

  • In July, the appointed trustee to handle the rehabilitation plan for Mt. Gox confirmed that the exchange is working on paying back its creditors


Crypto Daily Spotlight


CEO of Binance CZ criticises the recently popularised ‘free-to-own’ GameFi model.

Brief introduction: DigiDaigaku is a collection of 2022 unique characters developed by Limit Break, a Web3 gaming startup focused on building massively multiplayer online (MMO) games. It raised $200 million over two funding rounds on August 29, 2022. It employs a “free-to-own” model as it plans to give away its NFTs for free.

Why it matters:

  • The Binance CEO Changpeng tweeted on Tuesday that the creation of a novel “free-to-own” business model in the GameFi space is high risk

  • Ryan Foo, a game economist at Delphi Digital, says that Limit Break did a free stealth mint for its NFT collection with a 10% transaction fee

  • On Monday, the floor price of Limit Break’s DigiDaigaku rose to 15.67 ETH after news emerged that its parent company raised $200 million across two funding rounds


Daily Sector Tracker



Daily News Roundup


About Aspen Digital

Aspen Digital is a leading technology and financial services company with a mission to accelerate the mass adoption of digital assets. The company provides a digital asset management solution for asset managers, institutions, and sophisticated investors. Aspen Digital was co-founded by digital assets innovators and asset management veterans at Everest Ventures Group (“EVG”) and TT Bond Partners (“TTB”) in 2021. For more information, please visit https://www.aspendigital.co/

Sign Up on Aspen Digital

We have launched the beta version of our platform. If you would like to know more, please sign up here.


6 views0 comments
bottom of page