welcome
CoinGape

CoinGape

Business

Business & Economics

Bitwise unveils $150,000 donation to support Bitcoin open-source developers

CoinGape
Summary
Nutrition label

64% Informative

Asset management firm Bitwise has unveiled a $ 150,000 donation to the Bitcoin community.

This fund came from proceeds of its Bitcoin ETF - BITB - product.

Fund is designed to encourage developers who work tirelessly to secure and maintain the Bitcoin network.

Bitwise intends to allocate the funds to three non-profit organizations: Bitcoin Brink , Open Sats, and the Human Rights Foundation ( HRF ).

VR Score

50

Informative language

46

Neutral language

25

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links