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Tether's Scribble

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  • Tether, the company behind the controversial stablecoin of the same name, published a letter purporting to be from Deltec Bank and Trust Limited today, confirming that it has about $1.8 billion in its account as of October 31. However, the letter – dated November 1 – does not have a name attached to it, and the signature is essentially a curve.
  • Coinbase’s head of trading, Hunter Merghart, has resigned after just six months on the job, according to individuals familiar with the situation.
  • Dapper Labs, the company behind the development of the ethereum-based Crypto Kitties, just raised another $15 million from Google Ventures, SamsungNEXT and Andreessen Horowitz, as well as some groups not usually associated with venture investing such as William Morris Endeavour and aXiomatic.
  • The New York Department of Financial Services has just issued its 12th BitLicense, this time to a bitcoin ATM operator called CoinSource.

Late Confirmation is a CoinDesk production.

For more information, visit www.CoinDesk.com

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