# Mt. Gox Movements

*Author: Bankless*
*Published: Jul 16, 2024*
*Source: https://www.bankless.com/es/mt-gox-movements-2*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/Frame-50567--6-.png)](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=the-ai-crypto-everything-bubble&email=true)

  

Mt. Gox Movements
    
  

  
  Published on July 16, 2024

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  View in Browser

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Mt. Gox Movements
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/Group-15--74-.png)](https://www.bankless.com/dashboard)- 🍿 **Mt. Gox Begins Mass BTC Transfers.** $3.1 billion in BTC was just transferred to new addresses ahead of creditor repayments.
[*Read more on Bankless.com*](https://www.bankless.com/mt-gox-begins-mass-btc-transfers)
- 😬 **Bridging Protocol LIFI Hit by Exploit.** The protocol saw more than $10M in user funds drained due to a 'call injection' exploit.
[*Read more on Bankless.com*](https://www.bankless.com/bridging-protocol-li-fi-hit-by-exploit)
- **🦄 Uniswap Browser Extension Gets Public Rollout. **Uniswap Labs has shipped its Chrome browser extension to a waitlist of nearly 800K users.
[*Read more on Bankless.com*](https://www.bankless.com/uniswap-extension-browser)

.  .  .

 
  
    

    MARKET VIBES

  
  

    Altcoins Blast Back
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: ***The crypto pump of the past few days has sent altcoin assets climbing even faster than Bitcoin. Nearly two-thirds of the top 100 coins by market cap are outpacing BTC's already sizable 11% week-over-week gains. Some of the biggest winners? Worldcoin is up 42%, Stacks up 39%, and Maker up 32%.*

Prices as of 6pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.36T
       

 
    
    ↗0.1%
    
  

  
    
    ↗10.8%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $64,628
       

  
    
    ↗0.5%
    
  

   
    
    ↗11.3%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,430
       

  
    
    ↘1.2%
    
  

   
    
    ↗11.8%
    
  
  

       ![](https://s2.coinmarketcap.com/static/img/coins/64x64/10508.png)
    

  **INST**
   
          $2.18

       

  
    
    ↗0.3%
    
  

   
    
    ↗28.9%
    
  

  

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🔒**New Token Rating: **Instadapp (**INST**) has been a top-performing token this week. Is the rally stretched, or is this token still a relative buy?[Unlock INST on Token Hub](https://www.bankless.com/tools/token-hub/instadapp)

.  .  .

 
  
    

OPINION

  
  
    
   
The Everything Bubble
  
  
   
     
     Bankless Author: 
     
       [
       
       Jack Inabinet](https://x.com/JackInabinet)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/image---2024-07-16T174210.023.png)](https://www.bankless.com/the-ai-crypto-everything-bubble)Each crypto bull cycle has brought exponential growth, both in terms of value creation and the growing number of people who believe they are part of a financial/technological revolution.

**Crypto found itself in direct competition with AI to achieve these same bull market hallmarks this cycle and has simply failed to keep pace**, depressing industry sentiment despite seemingly high dollar-denominated crypto prices.

Unfortunately, while AI has almost single-handedly catapulted stock indexes to new all-time highs, troubling warnings continue to suggest that markets are ensnared in an unprecedented bubble, with recent indications supporting the notion that it has begun to burst.

*Read on for more bearishness* 👇

[Read the Full Opinion](https://www.bankless.com/the-ai-crypto-everything-bubble)
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