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Tagged: nic carter

Coinmetrics Co-Founder Comments on Audit Firms and their Role in Overseeing Proof of Reserves for Crypto Companies

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Nic Carter, Partner, Castle Island Ventures. Cofounder, Coinmetrics.io, says that it’s undeniable that momentum around cryptographic Proofs of Reserve “is gathering.” According to Nic Carter, this is “a genuine silver lining from the FTX debacle.” He writes in a blog post: “We may well yet… Read More

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USDT Stablecoin Market Cap of $51B+ Now Exceeds Insured Deposits at Most US Banks, Quarterly Report of Tether Reserves Expected Soon

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Tether (USDT), the world’s largest stablecoin (or digital asset that’s supposed to be backed 1-to-1 with major fiat currencies like USD and cash equivalents) now claims a market cap of over $51.7 billion at the time of writing (according to available data). Notably, Tether (USDT)… Read More

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Coin Metrics, a Blockchain Data Analytics Firm, Secures $6 Million in Funding from Highland Capital Partners, Coinbase, Digital Currency Group, Fidelity, Others

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Coin Metrics, a blockchain analytics and research company, has acquired $6 million in funding through a Series A investment round, which was led by existing investor Highland Capital Partners. Coinbase, Digital Currency Group, Dragonfly Capital, and Fidelity (among others) also took part in Coin Metrics’… Read More

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