• bitcoinBitcoin(BTC)$24,058.004.56%
    BITCOIN
    24H : 4.56%
    Volume : $20,640,863,083.00
    Marketcap : $459,887,959,173.00
  • ethereumEthereum(ETH)$1,771.435.10%
    ETHEREUM
    24H : 5.10%
    Volume : $11,704,005,643.00
    Marketcap : $212,793,154,540.00
  • tetherTether(USDT)$1.000.00%
    TETHER
    24H : 0.00%
    Volume : $40,735,144,831.00
    Marketcap : $66,491,952,381.00
  • usd-coinUSD Coin(USDC)$1.0000.00%
    USD COIN
    24H : 0.00%
    Volume : $4,271,771,467.00
    Marketcap : $54,229,887,753.00
  • rippleXRP(XRP)$0.3822.35%
    XRP
    24H : 2.35%
    Volume : $902,747,192.00
    Marketcap : $18,453,769,776.00
  • cardanoCardano(ADA)$0.5434.75%
    CARDANO
    24H : 4.75%
    Volume : $705,462,643.00
    Marketcap : $18,393,312,554.00
  • dogecoinDogecoin(DOGE)$0.0712.93%
    DOGECOIN
    24H : 2.93%
    Volume : $261,737,446.00
    Marketcap : $9,395,710,262.00
  • daiDai(DAI)$1.000-0.09%
    DAI
    24H : -0.09%
    Volume : $467,113,632.00
    Marketcap : $7,039,106,774.00
  • tronTRON(TRX)$0.0711.28%
    TRON
    24H : 1.28%
    Volume : $295,106,606.00
    Marketcap : $6,544,705,334.00
  • ethereum-classicEthereum Classic(ETC)$39.003.23%
    ETHEREUM CLASSIC
    24H : 3.23%
    Volume : $1,135,526,176.00
    Marketcap : $5,318,650,888.00
  • okbOKB(OKB)$18.521.42%
    OKB
    24H : 1.42%
    Volume : $7,096,394.00
    Marketcap : $4,749,709,940.00
  • leo-tokenLEO Token(LEO)$4.86-3.51%
    LEO TOKEN
    24H : -3.51%
    Volume : $2,664,905.00
    Marketcap : $4,543,610,018.00
  • litecoinLitecoin(LTC)$63.743.42%
    LITECOIN
    24H : 3.42%
    Volume : $308,238,524.00
    Marketcap : $4,518,532,386.00
  • chainlinkChainlink(LINK)$8.7011.76%
    CHAINLINK
    24H : 11.76%
    Volume : $613,598,628.00
    Marketcap : $4,073,625,253.00
  • crypto-com-chainCronos(CRO)$0.1513.42%
    CRONOS
    24H : 3.42%
    Volume : $20,049,039.00
    Marketcap : $3,813,241,981.00
  • cosmosCosmos Hub(ATOM)$11.848.67%
    COSMOS HUB
    24H : 8.67%
    Volume : $345,651,437.00
    Marketcap : $3,464,858,071.00
  • stellarStellar(XLM)$0.1293.49%
    STELLAR
    24H : 3.49%
    Volume : $142,146,770.00
    Marketcap : $3,240,227,228.00
  • moneroMonero(XMR)$166.75-1.51%
    MONERO
    24H : -1.51%
    Volume : $141,656,425.00
    Marketcap : $3,026,229,606.00
  • bitcoin-cashBitcoin Cash(BCH)$146.583.83%
    BITCOIN CASH
    24H : 3.83%
    Volume : $614,343,567.00
    Marketcap : $2,812,866,486.00
  • algorandAlgorand(ALGO)$0.3763.84%
    ALGORAND
    24H : 3.84%
    Volume : $92,283,933.00
    Marketcap : $2,577,184,776.00
  • vechainVeChain(VET)$0.0334.28%
    VECHAIN
    24H : 4.28%
    Volume : $103,344,814.00
    Marketcap : $2,361,610,945.00
  • tezosTezos(XTZ)$1.942.61%
    TEZOS
    24H : 2.61%
    Volume : $33,849,475.00
    Marketcap : $1,737,753,401.00
  • theta-tokenTheta Network(THETA)$1.684.66%
    THETA NETWORK
    24H : 4.66%
    Volume : $108,483,752.00
    Marketcap : $1,680,660,462.00
  • eosEOS(EOS)$1.283.07%
    EOS
    24H : 3.07%
    Volume : $188,848,958.00
    Marketcap : $1,282,816,444.00
  • makerMaker(MKR)$1,162.536.46%
    MAKER
    24H : 6.46%
    Volume : $70,484,067.00
    Marketcap : $1,048,521,152.00
  • iotaIOTA(MIOTA)$0.3530.920%
    IOTA
    24H : 0.920%
    Volume : $17,169,280.00
    Marketcap : $983,113,752.00
  • zcashZcash(ZEC)$71.92-0.81%
    ZCASH
    24H : -0.81%
    Volume : $54,936,008.00
    Marketcap : $917,511,311.00
  • paxos-standardPax Dollar(USDP)$1.000.040%
    PAX DOLLAR
    24H : 0.040%
    Volume : $1,884,683.00
    Marketcap : $869,700,872.00
  • huobi-tokenHuobi(HT)$4.401.04%
    HUOBI
    24H : 1.04%
    Volume : $6,586,470.00
    Marketcap : $697,281,125.00
  • basic-attention-tokenBasic Attention(BAT)$0.4463.52%
    BASIC ATTENTION
    24H : 3.52%
    Volume : $47,451,222.00
    Marketcap : $667,795,801.00
  • wavesWaves(WAVES)$6.354.90%
    WAVES
    24H : 4.90%
    Volume : $211,426,172.00
    Marketcap : $637,298,135.00
  • dashDash(DASH)$54.881.40%
    DASH
    24H : 1.40%
    Volume : $104,799,805.00
    Marketcap : $595,721,746.00
  • decredDecred(DCR)$38.07-8.14%
    DECRED
    24H : -8.14%
    Volume : $13,714,905.00
    Marketcap : $543,966,716.00
  • bitcoin-goldBitcoin Gold(BTG)$29.832.83%
    BITCOIN GOLD
    24H : 2.83%
    Volume : $15,452,830.00
    Marketcap : $523,337,517.00
  • nemNEM(XEM)$0.0531.96%
    NEM
    24H : 1.96%
    Volume : $8,867,902.00
    Marketcap : $475,154,766.00
  • ravencoinRavencoin(RVN)$0.0404.87%
    RAVENCOIN
    24H : 4.87%
    Volume : $22,348,235.00
    Marketcap : $459,220,596.00
  • qtumQtum(QTUM)$4.263.32%
    QTUM
    24H : 3.32%
    Volume : $63,578,089.00
    Marketcap : $444,672,869.00
  • omisegoOMG Network(OMG)$2.413.95%
    OMG NETWORK
    24H : 3.95%
    Volume : $40,236,771.00
    Marketcap : $337,519,633.00
  • 0x0x(ZRX)$0.3694.57%
    0X
    24H : 4.57%
    Volume : $18,071,830.00
    Marketcap : $312,510,644.00
  • iconICON(ICX)$0.3482.41%
    ICON
    24H : 2.41%
    Volume : $4,746,359.00
    Marketcap : $275,906,929.00
  • ontologyOntology(ONT)$0.2932.39%
    ONTOLOGY
    24H : 2.39%
    Volume : $12,296,395.00
    Marketcap : $257,452,926.00
  • liskLisk(LSK)$1.241.98%
    LISK
    24H : 1.98%
    Volume : $9,816,727.00
    Marketcap : $179,472,185.00
  • augurAugur(REP)$9.122.46%
    AUGUR
    24H : 2.46%
    Volume : $5,086,385.00
    Marketcap : $69,490,432.00
  • bitcoin-diamondBitcoin Diamond(BCD)$0.1834.18%
    BITCOIN DIAMOND
    24H : 4.18%
    Volume : $347,327.00
    Marketcap : $34,405,020.00
  • bytomBytom(BTM)$0.0135.99%
    BYTOM
    24H : 5.99%
    Volume : $734,160.00
    Marketcap : $23,398,571.00
  • monacoinMonaCoin(MONA)$0.539-1.58%
    MONACOIN
    24H : -1.58%
    Volume : $50,632.00
    Marketcap : $0.00
Cryptotelegraph
  • bitcoin
    Bitcoin
    $24,058.00
  • ethereum
    Ethereum
    $1,771.43
  • tether
    Tether
    $1.00
  • usd-coin
    USD Coin
    $1.000
  • binancecoin
    BNB
    $328.65
    • News
      • Bitcoin News
      • Ethereum News
      • Crypto News
      • Crypto Technology
      • Analysis
      • Blockchain News
      • Industry News
      • NFTs
      • ICO News
      • Press Releases
    • Market Cap
    • Exchanges
    • ICOs
    • Videos
      • Bitcoin Videos
      • Ethereum Videos
      • Altcoin Videos
      • Blockchain Videos
      • ICO Videos
    • Submit Press Release
      • Read Press Releases
    • Contact Us
    No Result
    View All Result
    Cryptotelegraph.com
    No Result
    View All Result
    Home News Bitcoin News

    Jack Dorsey Launches Bitcoin Defense Fund To Aid Devs Facing Litigation

    Andy K by Andy K
    January 13, 2022
    in Bitcoin News
    Reading Time: 4 mins read
    15.2k 472
    0
    Jack Dorsey Launches Bitcoin Defense Fund To Aid Devs Facing Litigation
    2.7k
    SHARES
    68.3k
    VIEWS
    Share on FacebookShare on Twitter

    Jack Dorsey has announced the launch of a bitcoin defense fund that is aimed at bitcoin developers who are facing litigation. The space, although still new, has had its fair share of litigation as various devs have had to battle it out in the courts over their products. This fund will help to fund provide legal defense for these developers who otherwise would have folded due to lack of funds.

    Backing Up Bitcoin Developers

    In an email sent out to the bitcoin developers’ mailing list, Twitter ex-CEO Jack Dorsey announces the establishment of the Bitcoin Defense Fund. The fund was a response to the various litigations bitcoin developers were being subjected to due to their work involving bitcoin and its products. A lot of these are open-source developers, who are unable to afford proper legal defense when faced with these litigations.

    Related Reading | Bitcoin Discount? Peter Brandt On Why You Shouldn’t Buy The Dip


    5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

    The email which was posted to Twitter by Zack Voell explains that the primary mission of the fund was to help defend these developers from lawsuits. It will provide services like helping developers find and retain defense counsel, as well as developing litigation strategies and assisting in paying legal fees. The non-profit entity will be accessible to developers if they wish to take advantage of it.

    Bitcoin price chart from TradingView.com

    BTC recovers to $43K | Source: BTCUSD on TradingView.com

    As for the projects that get funded, the board of the Fund will be responsible for making the decisions. It’s staffed with a corps of volunteer and part-time lawyers who will work to protect bitcoin devs from lawsuits.


    Get 110 USDT Futures Bonus for FREE!

    Funding The First Projects

    In the email, Dorsey notes that the Fund had already chosen the first project to take on. The Tulip Trading lawsuit had been brought against a number of developers, claiming a breach of fiduciary duty on the part of the devs. The Bitcoin Defense Fund will provide funding for the outside counsel for the developers named in the lawsuit to aid in their legal defense.

    Related articles

    Analysts Predicts Bitcoin Will Plunge Shortly But Suggest Buy Bitcoin

    Analysts Predicts Bitcoin Will Plunge Shortly But Suggest Buy Bitcoin

    August 8, 2022
    Bitcoin Bullish Signal: Whale Exchange Inflows Remain Down

    Bitcoin Bullish Signal: Whale Exchange Inflows Remain Down

    August 7, 2022

    Related Reading | ARK Invest CEO Cathie Wood On What Will Drive Bitcoin Correction

    This Fund comes at a critical point where more devs are finding themselves in the middle of lawsuits due to their work in the bitcoin space. These devs are often backed into a corner as they are unable to provide adequate legal defense for themselves due to limited resources. The Bitcoin Defense Fund will change this.

    “The Bitcoin community is currently the subject of multi-front litigation,” the email read. “Litigation and continued threats are having their intended effect; individual defendants have chosen to capitulate in the absence of legal support.”

    This Bitcoin Defense Fund is another in a long line of activities that have proven Dorsey’s support for bitcoin and its development. In December, he announced the Bitcoin Trust Fund (BTrust), to accelerate bitcoin development in Africa and India.

    Featured image from CryptoPotato, chart from TradingView.com
    Tags: bitcoinBitcoin Defense FundBitcoin developersBitcoin litigationbtcJack Dorsey

    Read More From Original Source

    Tags: bitcoinBitcoin Defense FundBitcoin developersBitcoin litigationBTCJack Dorsey
    Share1094Tweet684
    Andy K

    Andy K

    Andy is a former Forex Trader who got involved in the crypto industry early January 2013. Since then Andy has been writing about cryptocurrencies and blockchain technology within various online crypto news publications. He is also one of the main contributors to Cryptotelegraph.com

    Fun Fact : Despite other staff members helping themselves daily - Andy has a 'never-ending' container of 'Jelly beans' always sat on his desk, it's magic!

    Related Posts

    Analysts Predicts Bitcoin Will Plunge Shortly But Suggest Buy Bitcoin

    Analysts Predicts Bitcoin Will Plunge Shortly But Suggest Buy Bitcoin

    by Andy K
    August 8, 2022
    0

    It is no secret that many cryptos have been experiencing a price plunge. As of June 18, the price of...

    Bitcoin Bullish Signal: Whale Exchange Inflows Remain Down

    Bitcoin Bullish Signal: Whale Exchange Inflows Remain Down

    by Andy K
    August 7, 2022
    0

    On-chain data shows the Bitcoin whale exchange inflows have remained down after hitting a local peak a while back, a...

    Bitcoin Loses Critical Level Below $23,000, Bears Prepare For New Assault?

    Bitcoin Loses Critical Level Below $23,000, Bears Prepare For New Assault?

    by Andy K
    August 6, 2022
    0

    Bitcoin has been slowly trending to the downside over this week. The first cryptocurrency by market cap seems to have...

    Bitcoin Funding Rates Turn Positive, Why The Rally May Not Be Over

    Bitcoin Funding Rates Turn Positive, Why The Rally May Not Be Over

    by Andy K
    August 6, 2022
    0

    Bitcoin funding rates had fallen below neutral two weeks ago after finally recovering from a month-long downtrend. This had sparked...

    Bitcoin Sends Mixed Signals At $23,000, Capped Upside Potential?

    Bitcoin Sends Mixed Signals At $23,000, Capped Upside Potential?

    by Andy K
    August 6, 2022
    0

    Bitcoin keeps on moving sideways as the weekend approaches and, with less trading volume on exchange platforms, the cryptocurrency hints...

    Load More

    Discussion about this post

    Partners

    Crypto Prices

    bitcoin Bitcoin
    $24,058.00
    $24,058.00
    EUR: €23,605.01
    GBP: £19,874.92
    7D Chart4.56%
    ethereum Ethereum
    $1,771.43
    $1,771.43
    EUR: €1,738.08
    GBP: £1,463.42
    7D Chart5.10%
    tether Tether
    $1.00
    $1.00
    EUR: €0.982
    GBP: £0.827
    7D Chart0.00%
    usd-coin USD Coin
    $1.000
    $1.000
    EUR: €0.981
    GBP: £0.826
    7D Chart0.00%
    binancecoin BNB
    $328.65
    $328.65
    EUR: €322.46
    GBP: £271.51
    7D Chart4.35%
    ripple XRP
    $0.382
    $0.382
    EUR: €0.375
    GBP: £0.315
    7D Chart2.35%
    cardano Cardano
    $0.543
    $0.543
    EUR: €0.533
    GBP: £0.448
    7D Chart4.75%
    polkadot Polkadot
    $9.33
    $9.33
    EUR: €9.15
    GBP: £7.71
    7D Chart9.86%
    wrapped-bitcoin Wrapped Bitcoin
    $24,060.00
    $24,060.00
    EUR: €23,606.97
    GBP: £19,876.57
    7D Chart4.59%
    litecoin Litecoin
    $63.74
    $63.74
    EUR: €62.54
    GBP: £52.66
    7D Chart3.42%
    uniswap Uniswap
    $9.17
    $9.17
    EUR: €9.00
    GBP: £7.58
    7D Chart3.40%
    chainlink Chainlink
    $8.70
    $8.70
    EUR: €8.54
    GBP: £7.19
    7D Chart11.76%
    stellar Stellar
    $0.129
    $0.129
    EUR: €0.126
    GBP: £0.106
    7D Chart3.49%
    monero Monero
    $166.75
    $166.75
    EUR: €163.61
    GBP: £137.76
    7D Chart-1.51%
    bitcoin-cash Bitcoin Cash
    $146.58
    $146.58
    EUR: €143.82
    GBP: £121.09
    7D Chart3.83%
    tezos Tezos
    $1.94
    $1.94
    EUR: €1.90
    GBP: £1.60
    7D Chart2.61%
    aave Aave
    $105.62
    $105.62
    EUR: €103.63
    GBP: £87.26
    7D Chart5.03%
    eos EOS
    $1.28
    $1.28
    EUR: €1.26
    GBP: £1.06
    7D Chart3.07%
    bitcoin-cash-sv Bitcoin SV
    $63.62
    $63.62
    EUR: €62.42
    GBP: £52.56
    7D Chart2.67%
    havven Synthetix Network
    $4.21
    $4.21
    EUR: €4.13
    GBP: £3.48
    7D Chart2.53%
    • Trending
    • Comments
    • Latest
    Blockchain | Hack Script 2020 GENERATES Unlimited 100% WORKING bitcoin hacked

    Blockchain | Hack Script 2020 GENERATES Unlimited 100% WORKING bitcoin hacked

    March 14, 2020
    Blockchain unconfirmed transaction hack 100% Working! New proof!

    Blockchain unconfirmed transaction hack 100% Working! New proof!

    March 13, 2020
    Blockchain Hack Script 2020 GENERATES Unlimited Bitcoin 100% WORKING bitcoin hacked

    Blockchain Hack Script 2020 GENERATES Unlimited Bitcoin 100% WORKING bitcoin hacked

    February 11, 2020
    🔥 Forsage 🚀 (Fast and Furious) – Fully Decentralized Matrix program on Ethereum Smart Contract 🔥

    🔥 Forsage 🚀 (Fast and Furious) – Fully Decentralized Matrix program on Ethereum Smart Contract 🔥

    March 31, 2020
    Ripple XRP Token

    Ripple and XRP – The Convoluted Truth Behind XRP’s Creation

    0
    Bitcoin cash hard fork. BitcoinCash Hard fork (BCH Hard fork)

    Bitcoin Cash ‘hard fork’ What you need to know about it

    0
    Crytotelegraph - Crypto News & Reviews - Bitcoin & Altcoins

    Bitcoin price news: 10 year forecast shows bitcoin ‘WON’T DIE’ Latest BTC prediction

    0
    BAKKT Futures: BAKKT Warehouse & Bitcoin Exchange

    Will Bakkt Send Bitcoin’s price skyrocketing?

    0
    Analysts Predicts Bitcoin Will Plunge Shortly But Suggest Buy Bitcoin

    Analysts Predicts Bitcoin Will Plunge Shortly But Suggest Buy Bitcoin

    August 8, 2022
    What Would Be The Ethereum Merge Impact On Cryptocurrency Miners

    What Would Be The Ethereum Merge Impact On Cryptocurrency Miners

    August 7, 2022
    Bitcoin Bullish Signal: Whale Exchange Inflows Remain Down

    Bitcoin Bullish Signal: Whale Exchange Inflows Remain Down

    August 7, 2022
    DeFiChain Community Brings Attractive Rewards For DFI ERC-20 Pairs on Uniswap

    DeFiChain Community Brings Attractive Rewards For DFI ERC-20 Pairs on Uniswap

    August 7, 2022

    Cryptotelegraph.com




    The Cryptotelegraph is a Crypto News Magazine ‘Startup’ that hunts high and low to compile the very latest crypto news and reviews from around the web, whilst at the same time producing thought provoking articles and interpretations surrounding the cryptocurrency market today!


    Read More





    Disclaimer

    Information found on Cryptotelegraph is those of referring websites (or) writers quoted. It does not represent the opinions of Cryptotelegraph on whether or not to buy, trade, sell or hold any investments. You are advised to conduct your own research before making any investment decisions. Use all provided information at your own risk. Full disclaimer.

    Crypto News

    Analysts Predicts Bitcoin Will Plunge Shortly But Suggest Buy Bitcoin

    What Would Be The Ethereum Merge Impact On Cryptocurrency Miners

    Bitcoin Bullish Signal: Whale Exchange Inflows Remain Down

    DeFiChain Community Brings Attractive Rewards For DFI ERC-20 Pairs on Uniswap

    Bitcoin Loses Critical Level Below $23,000, Bears Prepare For New Assault?

    Bitcoin Funding Rates Turn Positive, Why The Rally May Not Be Over

    Donations Welcome




    Bitcoin Address : 3AhxNswMkD5tjJJ544NRCwWhCDXHJ5GTzq

    Ethereum Address : 0x9627FB741C19e1a70E7006F2B0D0c26d14AA1816

    Bitcoin Cash Address : qq93an6n9unnu496vpcx684zekkmn4yk6g79kllf7d

    Litecoin Address : MKVphBBJkBbjSh4D6aFLds9XHE1rnS9iHW





    © Copyrights 2017 - 2021 Cryptotelegraph.com. All Rights Reserved.

    Contact    About    Privacy & Cookie Policy

    No Result
    View All Result
    • News
      • Bitcoin News
      • Ethereum News
      • Crypto News
      • Crypto Technology
      • Analysis
      • Blockchain News
      • Industry News
      • NFTs
      • ICO News
      • Press Releases
    • Market Cap
    • Exchanges
    • ICOs
    • Videos
      • Bitcoin Videos
      • Ethereum Videos
      • Altcoin Videos
      • Blockchain Videos
      • ICO Videos
    • Submit Press Release
      • Read Press Releases
    • Contact Us

    © Cryptotelegraph.com

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.