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