BitMEX Co-founder Arthur Hayes Launches Bitcoin Developer Grant Program

BitMEX Co-founder Arthur Hayes Launches Bitcoin Developer Grant Program
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The fund encouraged developers to apply, with the final submission date set for August 25.
For each developer, the grant will provide a sum between $50,000 and $150,000.
Arthur Hayes, a co-founder of BitMEX, has made an important announcement about Maelstrom, his early-stage investment fund. Hayes announced the launch of the company’s first Bitcoin developer grant program in a post on X today, July 17. There has been a flurry of activity in the sector as a whole in response to this news, which many see as an attempt to strengthen the crypto ecosystem.
Moreover, the official Maelstrom website boasts that the organization can back Bitcoin developers and is dedicated to a transparent funding procedure. Regarding this, the fund encouraged developers to apply, with the final submission date set for August 25.
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At the same time, the fund disclosed other crucial details about the award program. Monthly payments are paid only in Bitcoin, USDC, and USDT, and

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