Optimism’s $42.5M Pledge, Crypto VC Funding, and More – This Week in The Protocol

Optimism Pledges $42.5M in Tokens to Kraken, Crypto VC Funding, Bitcoin Open-Source Developer Grants, and Polymarket’s Minimal Impact on Polygon

In the latest edition of The Protocol, a newsletter dedicated to blockchain technology, several key topics are explored. Optimism, a Layer 2 scaling solution for Ethereum, has committed $42.5 million worth of tokens to cryptocurrency exchange Kraken. The newsletter also delves into venture capital funding within the cryptocurrency space, highlighting the current trends and notable investments.

Additionally, the issue sheds light on grants available for Bitcoin open-source developers, emphasizing the importance of supporting the development and maintenance of the Bitcoin network. Lastly, the newsletter examines Polymarket, a decentralized prediction market platform, and its negligible effect on Polygon’s overall financial performance.

To read the full article and gain further insights into these topics, click on the source link below.

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