Login to your account

Username *
Password *
Remember Me

Create an account

Fields marked with an asterisk (*) are required.
Name *
Username *
Password *
Verify password *
Email *
Verify email *
Captcha *
Reload Captcha

Crypto Prices

Kraken announced $150k grant to BTCPay Server

Written by  Jun 25, 2020

The Bitcoin community has another significant grant to support open-source development.

Cryptocurrency exchange Kraken has announced it has sent $150,000 worth of bitcoin to help support the further development of open-source bitcoin payment processor BTCPay Server.

This gesture from Kraken marks the largest-ever donation to BTCPay and coincides with their recognition of Micro, Small and Medium-sized Enterprises Day.

“A recognition from a big enterprise like Kraken makes us feel energised. At the same time, it puts a positive pressure and responsibility we have to the entire community. Sustainability and structure on our end mean that we can have full focus on our mission, ensuring anybody can have a dream, without worrying of their dreams being shuttered because of geographic, political or financial barriers,” BTCPay Server contributor Pavlenex announced.

Also see: Kraken crypto exchange review: Including Crypto 101 by Jesse Powell

“BTCPay stood out as an open-source project with a clear focus on users’ needs. Their documentation makes it easy to get started and accept Bitcoin payments. This is fully aligned with Kraken’s mission to accelerate the adoption of cryptocurrency,” a Kraken spokesperson explained.

BTCPay has long been a favourite of the Bitcoin community because of its dedication to ensuring anyone can accept bitcoin without third-party involvement. Coinciding with the announcement of the grant, BTCPay is releasing the 1.0.5.0 version of its software.

When asked about the momentum this gift creates in tandem with the release, Pavlenex responded:

Advertisement

“People have shown tremendous support and love for the project. Various communities (including our own) give a wind to our back, for each line of code we put out there. It’s all about making others feel happy and appreciated. In that spirit, on a day when we’re receiving our biggest grant, we wanted to give something back to people around the internet whose businesses and projects depend on BTCPay Server.The new version 1.0.5.0 comes action-packed with features, improvements and bug fixes but also puts a foundation for greater flexibility in the future.”

If you are new to the Cryptocurrency world and would like to open an account we recommend Cex.io.

Do you find this article useful? Comment below or follow us on Facebook or Twitter.

Peter Flynn

Senior Editor and self confessed Crypto addict, bringing a variety of Crypto tech news, help and advice in the UK. I have worked in various fields throughout my career such as a Systems Administrator, Cyber Security Consultant and other technical related roles, these days I concentrate on Cryptocurrency journalism and technical writing.

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Follow Us

Advertisement

Popular in News

May 08, 2020

Crypto Wallet options

A cryptocurrency wallet is actually a program that stores private and public keys and it links to the blockchain in orde...

May 22, 2020

Can I create my own cryptocurrency? Yes

If you want to create your own cryptocurrency but you don’t have much experience in coding, you might be wondering if ...

May 15, 2020

Bitcoin and Ethereum recent transaction fee increases

Bitcoin and Ethereum (ETH) fees are going up.

Apr 29, 2020

Brits are the most sceptical about Cryptos future in Europe

Confidence that cryptocurrencies will still exist in 2030 is slightly increasing in Europe but not in the UK. ...

Apr 06, 2020

Reasons why Crypto Traders fail

Anyone who is about to start crypto trading will usually be a little apprehensive, or they are full of enthusiasm; nothi...

Jun 25, 2020

Kraken announced $150k grant to BTCPay Server

The Bitcoin community has another significant grant to support open-source development.

Apr 24, 2020

Cryptocurrency Myths: Investing is safer than you might think

In the beginning cryptocurrency had a bad reputation because of links to black market trading, nowadays purchases are fa...

May 19, 2020

Are VPNs for Crypto transactions necessary?

Virtual currencies are no longer a fad. They are used all over the world and traded on Forex. Aside from the profit-maki...

May 18, 2020

Cryptocurrency hardware wallets are not full-proof

"The fact is that there’s no way to prevent a highly sophisticated attacker with physical possession of the device, an...

Apr 15, 2020

How can you spend Cryptocurrency?

I know that most of you have already heard about crypto but there are still some people who have some blind spots about ...

Mar 31, 2020

Online privacy is a thing of the past say Brits: Protect your Crypto

The following stats make you aware that keeping your crypto account details safe is more important than ever. ...

May 07, 2020

Fake crypto-wallet extensions are in Chrome Web Store again, stealing credentials

Three weeks after Google removed 49 Chrome extensions from its browser's software store for stealing crypto-wallet crede...