Cryptocurrency Analysis and News Portal
Bitcoin mining is a “critical tool” for clean energy and balancing the grid, according to a new working paper penned by Bitcoin advocates and the former president of ERCOT, the operator of Texas’ electrical grid. The Nov. 22 paper titled “Leveraging Bitcoin Miners as Flexible Load Resources for Power System Stability
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Bitcoin advocate Nic Carter has come out to reiterate his support for the theory that the United States National Security Agency (NSA) had something to do with the creation of Bitcoin (BTC).On Sept. 15, Iris Energy co-founder Daniel Roberts seemingly revived the decade-old theory on X after posting screenshots of
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Breed VC, a new crypto-focused firm, has closed fundraising for its first fund and brought in a “considerable portion” of its $20 million target, founder and general partner Jed Breed told CoinDesk during an interview. The fund was backed by prominent crypto investor Nic Carter, Tribe Capital and Shima Capital,
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Bitcoin advocate Nic Carter has released an in-depth analysis of centralized exchange proof-of-reserves and ranked the attestations provided by some of the most prominent crypto trading platforms in the space. Carter published a detailed examination of the quality of several exchanges’ proof-of-reserves (PoR). The crypto executive used parameters such as attestation
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That’s just not how technology – or money – works, especially at a global scale: There are fits and starts, changing circumstances, and most of all, bubbly spurts of enthusiasm broken up by fallow periods of disenchantment. Carter believes that maximalists have attacked him not just because they mistakenly thought
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The crypto lender Cred recently filed for bankruptcy, after apparently suffering significant losses in its loan portfolio. While the final details of the insolvency have yet to be determined, the postmortems have already begun to roll in. A number of Bitcoiners have used the occasion to reinforce that eternal doctrine:
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CryptoX columnist Nic Carter is partner at Castle Island Ventures, a public blockchain-focused venture fund based in Cambridge, Mass. He is also the cofounder of Coin Metrics, a blockchain analytics startup. Stablecoins are a hot commodity. Over $16 billion of them circulate in the wild today, up from $4.8 billion to
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CryptoX columnist Nic Carter is a partner at Castle Island Ventures, a venture fund based in Cambridge, Mass., that focuses on public blockchains. He is also the co-founder of Coin Metrics, a blockchain analytics startup. Recently, two staffers at the New York branch of the Federal Reserve published a short tract
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Most people today look at social platforms like any other private company, but what if we saw them as alternative jurisdictions with a new set of property rights? Here’s a radical idea. What if your time and effort building a following on social media and serving that following with your content
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CryptoX columnist Nic Carter is partner at Castle Island Ventures, a public blockchain-focused venture fund based in Cambridge, Mass. He is also the cofounder of Coin Metrics, a blockchain analytics startup.Much ink has been spilled on the question of Bitcoin’s energy footprint. But amid the clarifying details and the energy mix calculations we
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