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 early-stage firm is targeting monetary networks, financial services and internet infrastructure with its latest fund. Original Source
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Castle Island Ventures, the early-stage crypto fund helmed by Nic Carter and Matt Walsh, has raised $50 million for its second fund.“We believe that public blockchains are a transformative technology and will change the way that we interact with money, value transfer, trusted third parties and even the fundamental architecture
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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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