BTC - Arthur Hayes's Maelstrom Fund Unveils Grant Program To Boost Bitcoin Development: 'As Loyal Followers Of Lord Satoshi We Are Doing Our Part' | Benzinga
The Maelstrom Fund, spearheaded by BitMEX co-founder Arthur Hayes, has unveiled a grant program to bolster Bitcoin (CRYPTO: BTC) development.
What Happened: The Bitcoin Grant Program promises to provide annual funding ranging from $50,000 to $150,000 per developer, capping at $250,000 per annum, as reported by Decrypt. The Maelstrom Fund’s objective is to augment Bitcoin’s “resilience, scalability, censorship resistance, and privacy characteristics” through this initiative.
“As loyal followers of Lord Satoshi, we are doing our part to spread the word,” Arthur Hayes, Maelstrom’s chief investment officer, stated while introducing the grant program..
The grants will ...