100x Group Grants $100,000 To Fanquake %%page%% %%sep%% %%sitename%%

Fibo Quantum

The cryptocurrency exchange says a ban of users in Hong Kong, Bermuda and the Seychelles is to avoid conflict of interest with its operating company.

Today, 100x Group, the operator of cryptocurrency exchange BitMEX, announced its third grant to Bitcoin Core maintainer Michael Ford, aka Fanquake. This latest donation is for $100,000, bringing 100x Group’s total support of Ford to $250,000 over three years.

The grant was made in conjunction with an additional $18,500 being given to Ford by Australian cryptocurrency exchange Independent Reserve.