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Funding

CULTURE

Jack Dorsey, Jay-Z Launch Bitcoin Development Endowment

Joe Rodgers -
The Twitter CEO and hip-hop mogul are fueling the endowment, called ₿trust, with 500 BTC and it’s currently seeking three board members.
BUSINESS

Compute North Raises $25 Million To Expand Bitcoin Mining Operations

Jessie Willms -
North American bitcoin mining operation Compute North announced a $25 million capital round, allowing for the expansion of its business.
MARKETS

Bitcoin-Based Lending And Savings Platform Ledn Raises $2.7 Million

Ck Snarks -
Ledn, which lets users earn interest on saved bitcoin or access bitcoin-backed loans, raised $2.7 million in a financing round.
CULTURE

2020 Was The Year Bitcoin Funding Went Brrr

Justine -
2020 saw an influx of sponsorship for Bitcoin’s open-source developers. But maintaining this trend in 2021 is all of our responsibility.
BUSINESS

Kraken Announces Largest-Ever Grant to BTCPay Server

Flip -
The cryptocurrency exchange Kraken has granted open-source payment processor BTCPay Server its largest donation ever: $15,000 of BTC.
TECHNICAL

Infographic: Who Has Funded Bitcoin Core Development?

Bitcoin Magazine -
This infographic indicates which organizations have supported some of the most prolific open-source Bitcoin Core contributors over the years.
MARKETS

ACINQ, Startup Behind Eclair Lightning Implementation, Raises $8M

Aaron Van Wirdum -
ACINQ, the firm behind the eclair Lightning Network implementation, has held a successful series A funding round.
BUSINESS

Chainalysis Raises $30 Million in Series B Funding From Accel Ventures

Jimmy Aki -
The fund injection will be used to expand the startup's operations including its Chainalysis Know-Your-Transaction (KYT) tool which allows more than 100 crypto exchanges and financial institutions to vet their clients.
TECHNICAL

Palestinian Fundamentalist Group Hamas Receives Funding via Bitcoin

Landon Manning -
The Islamic Extremist group Hamas has requested (and received) bitcoin funding for its operations through a Coinbase wallet address.
BUSINESS

Mobile Bitcoin Wallet BRD Raises $15 Million, Plans for Expansion in Asia

Jimmy Aki -
In spite of the crypto bear market, mobile wallet provider BRD wants to accelerate its international expansion, and it has secured $15 million in its Series B round to do it.
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