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Mt. Gox ex-CEO proposes Bitcoin hard fork to reclaim 79,956 BTC from decade-old hack
Former Mt. Gox CEO Mark Karpelès has put forward a hard fork proposal aimed at recovering 79,956 Bitcoin, worth more than $5.2 billion, that were stolen from the exchange and have remained in one address for over 15 years. He submitted the plan on GitHub to change Bitcoin’s consensus rules so the coins could be moved to a recovery address without the original private key, a move that has sparked intense debate over Bitcoin’s immutability.
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Morgan Stanley seeks OCC trust bank charter to custody crypto after Feb. 18 filing
According to a public OCC filing, Morgan Stanley submitted a de novo national trust bank application on Feb. 18 under "Morgan Stanley Digital Trust, National Association." Reports on Friday said the unit would safeguard selected digital assets and handle trades, transfers, and staking, aligning with the bank's January ETF registrations and its appointment of Amy Oldenburg to lead a new crypto unit.
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Paradigm targets $1.5B vehicle to back AI, robotics and frontier tech, WSJ says
Paradigm is seeking to raise a new 1.5 billion dollar fund to invest in AI, robotics and other frontier technologies, according to the Wall Street Journal. The San Francisco firm, which reports 12.7 billion dollars in assets under management, will keep backing crypto while its technical team evaluates frontier‑tech deals; earlier vehicles include a 2.5 billion dollar flagship launched in November 2021 and an 850 million dollar early‑stage fund announced in 2024.
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