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The Human Rights Foundation’s Bitcoin Development Fund has awarded $210,000 to three Bitcoin Core contributors, two Lightning Network wallet developers, and an Arabic translator.
Bitcoin mining firm Marathon Digital Holdings has revealed it will update to Bitcoin Core version 0.21.1 and will validate transactions on the BTC blockchain “in the exact same way as all other miners who use the standard node.”
The Japan Financial Services Agency (FSA) has warned cryptocurrency derivatives exchange Bybit, saying it has been allowing Japanese residents to use its trading platform while lacking permission to do so.
Sponsored: As a multicurrency crypto wallet, OWNR supports all top coins on the market, including every Ethereum-based token. If you dread the hassle of calculating exchange commissions, you can order a prepaid Visa card and simply replenish it with cryptocurrency. All this can be done within the OWNR application at a transparent cost.
Top stories in the Crypto Roundup today:
- Human Rights Foundation Awards Bitcoin Grants Worth $210,000
- Bitcoin Mining Firm Marathon to Stop Censoring Transactions
- Japan’s Financial Watchdog Warns Crypto Derivatives Exchange Bybit
- 21Shares Chooses CryptoCompare for Crypto Data Services
- Sponsored: Cash Out From Your OWNR Wallet Using a Visa Prepaid Card
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Human Rights Foundation Awards Bitcoin Grants Worth $210,000
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The Human Rights Foundation’s Bitcoin Development Fund has awarded $210,000 to three Bitcoin Core contributors, two Lightning Network wallet developers, and an Arabic translator.
In an announcement, Human Rights Foundation Chief Strategy Officer Alex Gladstein said:
“This round of gifts will focus on: Bitcoin core development, making it easier to run nodes and making it harder to Sybil attack nodes, wallet optimization for emerging markets, privacy improvements for Lightning apps, [and] expanding Arabic language Bitcoin education and translation.”
Bitcoin Core developers Calvin Kim, Dhruv Mehta, and Abubakar Nur Khalil will each receive $50,000 for their work. Kim has, for example, been researching ways to scale the Bitcoin base layer with the Utreexo client and has shown promising results. Mehta focuses on Bitcoin Core’s security, while Khalil works on wallet optimization.
The Lightning Network app ecosystem will receive two $25,000 grants, while Arabic translator ARABIC HODL will receive $10,000 for his work translating Bitcoin-related content into Arabic.
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Bitcoin Mining Firm Marathon to Stop Censoring Transactions
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Bitcoin mining firm Marathon Digital Holdings has revealed it will update to Bitcoin Core version 0.21.1 and will validate transactions on the BTC blockchain “in the exact same way as all other miners who use the standard node.”
The bitcoin mining pool ran by Marathon, MaraPool, has described itself as an “OFAC (Office of Foreign Assets Control) compliant” pool. To “stay compliant” with regulatory standards, it pledged to exclude from the blocks it mines are transactions from addresses associated with sanctioned entities.
Earlier this month, it drew criticism from the Bitcoin community after announcing it mined the first fully compliant block by censoring some transactions. At the time, Marathon argued its compliance efforts came from a desire to appease investors and regulators and give them “peace of mind that the bitcoin we produce is ‘clean’, ethical and compliant with regulatory standards.”
Marathon CEO Fred Thiel is now seemingly taking the firm in a new direction, saying in an announcement the firm is looking “forward to continue being a collaborative and supportive member of the Bitcoin community.”
Thiel also announced Marathon will signal in favor of the new Taproot upgrade, which will enable improvements to Bitcoin’s scaling, custody software, and privacy.
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Japan’s Financial Watchdog Warns Crypto Derivatives Exchange Bybit
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The Japan Financial Services Agency (FSA) has warned cryptocurrency derivatives exchange Bybit, saying it has been allowing Japanese residents to use its trading platform while lacking permission to do so.
Other cryptocurrency derivatives exchange such as Deribit, for instance, blocks Japanese IP addresses. The FSA hadn’t issued a warning to a cryptocurrency exchange in over three years, with its last one coming in March 2018. It was directing at Binance over unregistered operations.
Bybit was notably warned by the UK’s Financial Conduct Authority (FCA) that the exchange had to cease its operations in the country. Bybit is currently the fourth-largest bitcoin futures exchange in terms of trading volume and open interest.
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21Shares Chooses CryptoCompare for Crypto Data Services
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Pioneering Swiss crypto exchange-traded product (ETP) issuer 21Shares has chosen CryptoCompare to provide settlement pricing for all its single asset ETP data, effective June 1st. Daily delivery of high-quality market data to 21Shares’ stakeholders is paramount to ensure market participants can correctly price with confidence.
21Shares’ cryptocurrency ETPs let investors gain exposure to cryptocurrencies including Bitcoin, Ethereum, Stellar, and Cardano without having to create digital wallets or manage their public and private keys. The firm also launched the HODL Basket ETP, which gives investors exposure to multiple cryptoassets.
The Swiss ETP issuer has listed 14 products on the Zurich SIX, as well as the Frankfurt and Vienna exchanges, with new listings coming to Euronext Paris in the near future. The firm’s goal is to expand its network of European banks, asset managers, brokers and exchanges enabling market participation.
CryptoCompare was the distinct choice for 21Shares as we have become an integral data resource since launching in 2104, bridging the gap between digital asset markets and traditional finance. CryptoCompare is already the “go-to” provider of digital asset market data and calculation services for reference pricing, supporting a wide range of products.
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Cash Out From Your OWNR Wallet Using a Visa Prepaid Card
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Cryptocurrency ecosystems are like sustainable neighborhoods; you don’t need to leave one to get access to everything you need in life. Within one system, you can have a non-custodial hot wallet, a built-in exchange, and levels upon levels of security and comfort, which negate the drawbacks of having separate services for buying, exchanging, and withdrawing cryptocurrency. Let’s take a closer look at the example of the OWNR Wallet crypto ecosystem.
As a multicurrency crypto wallet, OWNR supports all top coins on the market, including every Ethereum-based token. If you dread the hassle of calculating exchange commissions, you can order a prepaid Visa card and simply replenish it with cryptocurrency. All this can be done within the OWNR application at a transparent cost. The card’s issuing expenses are not much different from a regular bank card. It’s delivered globally and you can immediately add it to your Apple Pay.
The best part? Using the prepaid Visa card, you can withdraw cash anywhere, at any ATM. You can also pay with this card anywhere regular bank card payments are accepted, check your balance using the OWNR app on your phone, and replenish it instantly with cryptocurrency.
If you were looking for ways fintech could make your life much easier and help you get rid of a lot of pain exchanging cryptocurrency used to cause, look no further. OWNR is fully legal and licensed, so you don’t have to worry about the security of your transactions or the source of funds.
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Source: https://www.cryptocompare.com/email-updates/daily/2021/jun/01/
