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Grin project receives mysterious 50 Bitcoin donation

It has been reported that the developers behind the cryptocurrency Grin, built for privacy out of the MimbleWimble format, have received a donation of 50 Bitcoin, roughly $300,000, from an unknown source.

Grin is a fairly new cryptocurrency, with its mainnet only being launched this January, that leverages the MimbleWimble protocol to offer what it claims are private and scalable transactions. The project was launched without an ICO and relies entirely on donations to operate. Apparently, somebody out there really believes in the project quite a bit, as just recently an anonymous donor gave the team 50 BTC, which is worth about $300,000 right now.

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