MIT has announced the creation of a Bitcoin Developer Fund that aims to support the work of Gavin Andresen, Wladimir van der Laan, and Cory Fields – the three leading developers of the Bitcoin Core project, who joined MIT Media Lab’s Digital Currency Initiative last year.
The fund has raised $900,000 getting support from companies including BitFury, Bitmain, Chain, Circle and Nasdaq. In addition, Jim Breyer, Founder and CEO of Breyer Capital; Jim Pallotta, chairman and managing director of the Raptor Group; Jeff Tarrant; venture capitalist Fred Wilson; and LinkedIn co-founder Reid Hoffman have also backed the fund.
http://www.econotimes.com/MIT-Announces-$900k-Bitcoin-Developer-Fund-185504
