Payment processor BTCPay receives $150,000 grant from Kraken


Open-source bitcoin payments processor BTCPay has received a $150,000 grant from crypto exchange Kraken, the company announced on Thursday. 

The grant, received and held in bitcoin, is the largest donation BTCPay has received to date. According to the announcement, Kraken has also launched a BTCPay Server integration on Cryptowatch, their trading terminal that provides cryptocurrency market data and analysis.

BTCPay will use the grant to improve its interface and offer more flexibility to developers by providing them with a "Swiss-knife type of stack that can help anybody in building a Bitcoin business with ease and versatility," the announcement said. 

The payment processor will also use the grant to increase its number of plugins and other integration tools. BTCPay said it plans to release a beta version of its exchange integration plugin BTC Transmuter later this year.

Related Reading

Get Your Crypto
Daily Brief

Delivered daily, straight to your inbox.

Layer-1 Platforms: A Framework for Comparison

The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana. We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come. 
Read Full Story
Aug 11, 2021, 5:18PM UTC