$93,763.00
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0.74%$3.15
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0.04%$4.32
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3.00%$1,758.71
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0.02%$28.96
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0.00%$12.63
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0.29%$0.731796
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16.60%$1,760.21
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11.06%$1,871.08
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0.87%$31.39
5.99%$0.541093
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4.38%$0.504787
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0.00%$0.99871
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13.46%$0.999756
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-1.05%Reading
Gemini, the cryptocurrency exchange empire run by Cameron and Tyler Winklevoss, today announced the launch of a $200,000 BitcoinBitcoin development fund.
Called the Gemini Opportunity Fund, $150,000 of the money, in Bitcoin of course, will go straight to Brink, a London non-profit fellowship program to sponsor Bitcoin developers.
The developers will work with John Newbery, Brink’s co-founder and executive director, and a Bitcoin Core contributor. Mike Schmidt, another Bitcoin core contributor. Square, the Human Rights Foundation and Kraken are among other donors. Kraken also donated $150,000.
So far, the only fellow is Gloria Zhao, a Bitcoin Core contributor fresh from University of California, Berkeley, where she sat as president of its blockchain club.
Brink, a new, independent nonprofit organization, will seek to fund and support open-source Bitcoin protocol development. The organization has been launched by former Chaincode Labs developer John Newbery, and Blockstream alumnus Mike Schmidt. The company has already secured a $150,000 donation from cryptocurrency exchange Kraken, in order to teach the next generation of Bitcoin developers. What’s more, organizational funding has been provided by investor John Pfeffer, and Xapo CEO Wences Casa...
Zhao will work on something called “Package Mempool Accept,” which would let you send crypto in “packages”—groups of transactions. And the network could accept or reject packages based on the amount in fees. Currently, the network checks the fees of individual transactions and excludes fees below minimum thresholds.
Gemini will also donate $50,000 in Bitcoin to the Human Rights Foundation’s Bitcoin Development Fund.
Feeling like the luckiest person in the world... I get to work on #Bitcoin full-time after I graduate???
Eternally grateful to @adamcjonas, @amizi and @jfnewbery for the orange pill
and to @bitcoinbrink, @HRF, and @sqcrypto for making dreams come true <3 https://t.co/JdI2UGTu6Y— Gloria (@glozow) December 1, 2020
Curiously, the Human Rights Foundation announced its own $50,000 donation to Zhao on Tuesday, citing Gemini as its donor. But it said that Gemini’s money will go toward its next round of gifts in the first quarter of next year.
In any case, Zhao, in her acceptance tweet, cited neither Cameron nor Tyler Winklevoss among those she is “eternally grateful to.”
Forbes magazine this week named Amiti Uttarwar, another female Bitcoin Core contributor, among its 30 under 30 .
Binance co-founder and former CEO Changpeng “CZ” Zhao claims to have been offering advice on how to set up crypto strategic reserves to countries across the globe. And he thinks that Europe is failing to keep up with adoption. “We are talking with many countries, advising on how to set up a crypto strategic reserve,” Zhao said on a Token2049 panel. “Very basic fundamental stuff like what wallet solutions to use? Do you use a professional custody solution, or do you use your own cold wallets?” Th...
A new survey by blockchain analytics firm Nansen and on-chain UX platform Reown has found that 62% of crypto users manage two or more wallets, up 15% from the previous year. The YouGov survey of 1,000 active crypto users in the U.S. and UK points to a fragmented crypto ecosystem, with 48% of users needing to use multiple wallets to access different networks and chains. Crypto users are also increasingly security-conscious, with 44% using multiple wallets as a security measure, up from 32.8% the...
Nasdaq has applied to the U.S. Securities and Exchange Commission for a rule change that would allow the exchange to list shares of a 21Shares exchange-traded fund based on the price of Dogecoin, according to a filing Tuesday. The 21Shares Dogecoin ETF would track the popular meme coin’s price, mirroring spot Bitcoin and Ethereum ETFs that gained approval last year, according to the 19b-4 document. 21Shares followed crypto asset managers Grayscale and Bitwise as Dogecoin ETF hopefuls, filing an...
