Categories: Bitcoin Latest News

BTCPay Server Foundation Receives $25,000 Grant In Bitcoin From Unbank

Today, the BTCPay Server Foundation was awarded a $25,000 grant paid directly in bitcoin from Unbank, a cash focused Bitcoin exchange, according to a press release sent to Bitcoin Magazine. The grant will be paid out to contributors working on developing new features, open-source payment innovation, and maintenance of BTCPay Server’s Greenfield APIs and codebase.

“Unbank’s support is a testament to the growing recognition of open-source payment solutions in the Bitcoin ecosystem,” said BTCPay Server core contributor R0ckstar Dev. “This grant will help our efforts to enhance BTCPay Server’s capabilities and reach.”

Unbank, which has become a leading bitcoin ATM network with over 830 ATMs and over 30,000 partner locations, is also utilizing BTCPay Server to process bitcoin sell transactions within their app.

“We love using BTCPay Server in our operations,” Emilio Pagan-Yourno, CEO and COO of Unbank. “When customers buy Bitcoin at our ATMs, we rely on their API to batch and broadcast transactions every 15 minutes. Supporting BTCPay Server is not just essential for our business — it’s a privilege to contribute to the FOSS ecosystem that powers financial freedom.”

Last summer, BTCPay filmed and released a documentary covering the use of bitcoin as a means of exchange at the world’s largest Bitcoin conference in Nashville. BTCPay, in collaboration with Jack Maller’s company Strike, enabled every vendor at the conference to accept bitcoin as payment.

Read More[#item_full_content]Bitcoin Magazine – Bitcoin News, Articles and Expert Insights

Recent Posts

Bitcoin Drifts Into A Deep Conviction Zone, Smart Money Stays Patient

Bitcoin is navigating one of its deepest conviction zones yet, a phase that tests nerves…

8 hours ago

Broad-based bitcoin accumulation emerges after sharp capitulation

Glassnode data is showing buying across all cohorts of bitcoin holders.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto…

13 hours ago

Bitcoin Taker Buy Ratio Signals Peak Bearish Sentiment — Relief Soon?

The price of Bitcoin experienced one of the most bearish periods in its history over…

13 hours ago

Forget A Bitcoin Yearly Top, BTC Price Might Have Hit A 16-Year Cyclical Peak

Crypto expert Tony Severino has opined that Bitcoin isn’t just showing signs of a yearly…

14 hours ago

Bitcoin Crash Linked To BlackRock IBIT Hedging, Arthur Hayes Claims

Arthur Hayes, co‑founder of BitMEX, has pointed to hedging tied to BlackRock’s iShares Bitcoin Trust…

17 hours ago

Bitcoin slips below $70,000 after erasing post-election gains during ‘sell at any price’ rout

Crypto sentiment was hit as Gemini plans to close operations in several regions and cut…

18 hours ago