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The Protocol: Crypto Fundraising, Job Losses, Juicy Payouts, Grants for Devs

2024-10-30 19:20

In an industry where the whole point is to revolutionize the business of money, the hunt for actual money is quite real. Sometimes it comes in tokens, sometimes in cash; when teams run out of money, jobs are lost. When projects hit a stride, developers reap windfalls – though not always. We've got all sorts of money stories this week – from a report on funding for Bitcoin Core developers, to the Optimism Foundation's $42.5 million grant to crypto exchange Kraken (a scoop!), to the Stratos report on crypto venture capital firms. I almost decided to call this, "The Money issue," or something like that. But it all just sort of happened organically, so here you go.

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