Arthur Hayes’ Maelstrom fund has announced a new Bitcoin grant program to advance the technical development of the world’s first blockchain network.) grant program will be offering developers grants between $50,000 to $150,000 on a 12-month basis, with grant stacking of up to $250,000 per individual developer.
“The objective of the program is to help with the technical development of Bitcoin and enhance its resilience, scalability, censorship resistance, and privacy characteristics. We have the capacity to support Bitcoin developers and are committed to an open and transparent grant process.”Maelstrom is a family office fund investing in decentralized technologies. It is led by CIO Arthur Hayes, a popular crypto entrepreneur and the former CEO of the BitMEX cryptocurrency exchange.
Interest in Bitcoin development was reignited this year, first because of the newfound interest brought by the United States spot Bitcoin exchange-traded funds , and theBitcoin DeFi is a wider developer movement that aims to add more utility to the Bitcoin network. Interest in Bitcoin DeFi rose with the debut of Runes, a new protocol for issuing fungible tokens on the Bitcoin network that launched on April 20, the day of the halving.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Bitcoin miner sell pressure 'weakening' as BTC withdrawals drop 85%Bitcoin miners cool BTC withdrawals in June in what analysis says is 'weakening' Bitcoin sell pressure.
Source: Cointelegraph - 🏆 562. / 51 Read more »
German government offloads its final Bitcoin holdingsThe German government officially has zero Bitcoin left after weeks of dumping its Bitcoin reserves.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »
US Bitcoin miners hodl in expectation of BTC price risesUS Bitcoin miners are holding on to Bitcoin, expecting the price to continue to rise.
Source: Cointelegraph - 🏆 562. / 51 Read more »