Mt. Gox Founder Jed McCaleb Working on Mystery Bitcoin Project
The investor has revealed that he has started work on a secret bitcoin-related project, but remains elusive.
The original founder of Mt. Gox, Jed McCaleb, has revealed that he is working on a secret bitcoin-related project, but he isn't giving much away.
McCaleb is the creator of Mt. Gox, for years the world’s largest and best-known bitcoin exchange. After he sold his stake in Mt. Gox in 2011, he created Ripple and made a few interesting investments along the way.
Now McCaleb wants to get back into the game. But the big question is – with what?
The investor claims he is working on “something that will be better for bitcoin and better for you”, and is looking for alpha testers for his mystery project. This is all that he has revealed so far:
"When I sold Mt. Gox a few years ago, bitcoin was trading at less than a dollar. Today bitcoin exists in a new environment. Mt. Gox is struggling to keep up. Now, I am building something that will be better for Bitcoin and better for you. I’m looking for alpha testers."
So what is it all about?
In short, we don’t know.
There is plenty of speculation, but for the time being there is no concrete information on the project. The fact that McCaleb is a rather enigmatic and doesn’t like to talk to the media doesn’t help, either.
McCaleb’s track record speaks for itself. He is the quintessential peer-to-peer pioneer and he didn’t shy away from controversial projects, like file sharing services.
However, since then McCaleb has shifted to more down to earth projects like Mt. Gox, followed by Ripple. The latter is still in beta, but it is supposed to act as a distributed payment and currency exchange network, with a native currency of its own (XRP).
It is a somewhat controversial idea. Some members of the bitcoin community argue that it is too centralized, while others believe it is positive step in the evolution of digital currencies.
So, judging by his earlier efforts, we should expect something provocative, controversial and, of course, innovative. Other than that, it's anyone's guess.
Looking for devs, testers, designers
Since the project is secret, it also has an appropriately named website: secretbitcoinproject.com. Needless to say, the site doesn’t offer much in the way of information, but it does include a call for developers, alpha testers and a designer.
that McCaleb has already managed to raise some funding solely through instant messages and Skype, though this is unconfirmed at this point in time.
More For You
需要了解的:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
ICP Rises, Keeping Price Above Key Support Levels
Internet Computer rose, keeping the price above the $3.40 support zone, with early session volume spikes failing to produce a sustained breakout.
需要了解的:
- ICP rose 0.6% to $3.44 as early session volume surged 31% above average before fading.
- Resistance near $3.52–$3.55 rejected multiple breakout attempts, keeping the token range-bound.
- Support between $3.36–$3.40 held firm, maintaining ICP’s short-term higher-low structure.
