Arthur Hayes's Family Office Funds Bitcoin Core Developer

Maelstrom, the family office of Arthur Hayes, has awarded the first grant from its Bitcoin developer program to contributor Rkrux. The funding will support Rkrux working full-time on Bitcoin Core.
Bitcoin relies on voluntary developers to maintain its codebase as an open-source project. Maelstrom recently launched a grant program to encourage more full-time work on improving and contributing to Bitcoin's core infrastructure.
The first recipient is Rkrux, an emerging Bitcoin Core reviewer who completed Chaincode Labs' FOSS program this year. The grant will enable Rkrux to quit his job and focus entirely on Bitcoin development.
"One of the goals of the grant program is to recognize and reward emerging talent contributing to Bitcoin Core development," said Arthur Hayes, Maelstrom's CIO.
Hayes added that supporting full-time developers strengthens the Bitcoin ecosystem. Rkrux represents the type of new talent Maelstrom hopes to back through its grants.
Rkrux said the funding came at the perfect time as he was deciding whether to leave his job to pursue Bitcoin Core full-time. "The financial support from Maelstrom has made this possible," he remarked.
As an experienced engineer but newer Bitcoin contributor, Rkrux is eager to step into the role and advance the project. He aims to become a top Bitcoin Core developer with Maelstrom's grant backing. The more full-time developers working on Bitcoin core, the better it is for the network's improvement and resilience over time.
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Scientists Warn of ‘Existential Threat’ from Uncontrolled AI

- AI scientists warn against the possible threats of AI if humans lose control.
- The experts urge nations to adopt a global contingency plan to tackle the risks.
- They lamented the lack of advanced technology to confront AI’s harms.
AI scientists have sounded the alarm on the potential dangers of artificial intelligence. In a statement, a group of experts warned about the possibility of humans losing control over AI and called for a globally coordinated regulatory system.
The scientists, who played a role in developing AI technology, expressed concerns about its potential harmful effects if left unchecked. They emphasized the current lack of advanced science to “control and safeguard” AI systems, stating that “loss of human control or malicious use of these AI systems could lead to catastrophic outcomes for all of humanity.”
Read also: OpenAI Launches New AI Model Designed to ‘Think’ Before Answering
Gillian Hadfield, a legal scholar and professor at Johns Hopkins University, underscored the urgent need for regulatory measures. She highlighted the current lack of technology to control or restrain AI if it were to surpass human control.
The post Scientists Warn of ‘Existential Threat’ from Uncontrolled AI appeared first on Coin Edition.
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