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1inch announces rebrand to ‘1inch Network,’ laying groundwork for expansion

Multiple teams, protocols and chains mean 1inch is growing fast Decentralized finance platform 1inch announced today a rebrand to “1inch Network” — a facelift designed to better reflect the current and future state of the multi-chain, multi-protocol platform as it continues to grow, according to 1inch co-founder Sergej Kunz. “For us it is a logical move. Me and Anton started with just an aggregation protocol at the ETHNew York hackathon in 2019 and now we have the whole ecosystem of protocols, such as: 1inch Liquidity Protocol (prev. Mooniswap), 1inch Aggregation Protocol, instant governance and the 1INCH governance/utility token,” he said.…

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Square Crypto Grants $100,000 To Mempool.Space

Bitcoin block explorer mempool.space will receive $100,000 denominated in bitcoin over the next twelve months from Square Crypto. Square Crypto, the open-source Bitcoin development arm of payments company Square, is supporting one of Bitcoin’s most popular open-source blockchain explorers, mempool.space. The project is run by the pseudonymous Wiz and softsimon, who will be receiving $100,000 from Square Crypto in a year-long grant denominated in BTC. “Not even two weeks after announcing bitcoin-denominated grants, we’re giving @wiz and @softsimon_ @mempool 14,043,207 sats … a month for 12 months,” Square Crypto tweeted. Bitcoin block explorers allow users to browse through publicly-recorded bitcoin…

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Kraken’s First Brink Grantee Will Fuel Bitcoin Rust Development

  Kraken is pleased to announce Alekos Filini has been named the first beneficiary of our donation to the Brink Bitcoin research and development center. Launched last November, Brink received $150,000 in support from Kraken Grants, funds that will be allocated by Brink’s independent board… The post Kraken’s First Brink Grantee Will Fuel Bitcoin Rust Development appeared first on Kraken Blog.

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Yearn Finance reveals ‘Coordinape’ decentralized grant distribution platform

A new system that functions primarily at the social layer will soon be managing Yearn's grant program Yield vault protocol Yearn Finance has revealed today the details of “Coordinape,” a new platform for distributing the $40,000-per-month Yearn DAO community grants budget — just one initiative in a wider effort to further decentralize Yearn’s governance.  Yearn founder Andre Cronje — who said in an interview with Cointelegraph that he no longer takes part in Yearn’s “day to day” development — revealed the program in a blog post this morning. Each Coordinape member will have a set quantity of “allocation points” which…

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OKCoin Awards Latest Developer Grant To Marco Falke

Cryptocurrency exchange OKCoin announced today that the latest contribution from its Open-Source Developer Grant is going to Marco Falke, who has served as a Bitcoin Core maintainer since 2016 and is one of the most active contributors to Bitcoin’s code. “Marco’s work … focuses on making development more efficient,” Elaine Song, a member of OKCoin’s business operations team who is involved with the grant program, told Bitcoin Magazine. “He is the most active contributor to the Bitcoin code since 2017. He is presently dedicated to the improvement of Bitcoin’s test infrastructure, which ensures the reliability and security of the decentralized…

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The Human Rights Foundation Awards Grants to Three More Bitcoin Projects

The Human Rights Foundation (HRF) is issuing grants to three more Bitcoin developers. JoinInbox creator Openoms, Zeus creator Evan Kaloudis and Fully Noded creator Fontaine will be gifted 1 bitcoin each, worth over $11,000 at the time of writing, making for a total of over $33,000. This marks the second round of grants from the Bitcoin Development Fund, HRF’s new fund to support Bitcoin projects. “HRF decided to acknowledge and support these three developers and their projects because they are all focusing on making Bitcoin technology more accessible. Usability is the theme of this stage of the fund,” said Alex…

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Conflux Network — China’s State-Endorsed Public, Permissionless Blockchain Project Launches Quarter Billion Grant Program For Innovation

by Richard Kastelein Conflux Network, who claim to be the only state-endorsed public, permissionless blockchain project in China — backed by the likes of Sequoia China, Metastable, Baidu Ventures, F2Pool, Huobi, IMO Ventures, and the Shanghai Municipal Science and Technology Commission has launched its Conflux Ecosystem Grants Program worth some quarter of a billion US dollars to blockchain innovators. “This grants program serves as our latest initiative to seek out the most innovative developers and projects as we continue to build out our vibrant ecosystem,” said Eden Dhaliwal, Global Managing Director at Conflux Network. “At Conflux, we aim to promote…

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