• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Nexo Supports Brink: 1 BTC Donation for Bitcoin Core Development

user avatar

by Giorgi Kostiuk

a year ago

On HODL Day, Nexo proudly announced the donation of 1 BTC to Brink, a non-profit supporting Bitcoin Core development. This funding will help Brink expand its educational and mentorship programs for new developers.

Nexo's Donation and Its Importance for Bitcoin

Nexo has donated 1 BTC (approximately $105K) to support Brink, which accounts for roughly 7% of the $1.5 million 2024 funding goal.

Brink's Role in Bitcoin Core Development

Brink aims to foster a community of Bitcoin developers. The organization actively engages in testing, bug fixing, and updates to ensure network security and scalability.

Brink is very grateful for this 1 BTC contribution from Nexo to our developer funding efforts! The funds will be used to support our engineers’ work of securing Bitcoin software through their efforts of fuzz testing, code review, and other projects outlined in our recent annual report.Mike Schmidt, Executive Director, Brink

Supporting and Contributing to Bitcoin Network Security

Thanks to community donations, Brink has become a significant force in identifying and fixing vulnerabilities in Bitcoin. This support enables developers to conduct rigorous code reviews and critical updates.

Bitcoin Core developers are Bitcoin’s unsung guardians. By supporting their work, we help ensure that Bitcoin remains the most secure, innovative, and decentralized asset for future generations.Elitsa Taskova, CPO, Nexo

The collaboration between Nexo and Brink marks a significant milestone in their joint efforts to ensure Bitcoin's security and resilience for future generations. Nexo continues to support Brink, emphasizing its commitment to Bitcoin's security.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

XRP Gains Traction in Banking Integration

chest

XRP's integration with over 300 banks positions it as a key player in institutional cross-border settlements. This could redefine institutional payment systems.

user avatarTenzin Dorje

Innovative HFT Strategies Revolutionize Trading

chest

Elite trading firms employ advanced techniques such as FPGA logic, microwave transmission, and machine learning to gain a competitive edge.

user avatarBayarjavkhlan Ganbaatar

High-Frequency Trading Dominates Financial Markets in 2025

chest

High-frequency trading (HFT) has transformed into a leading force in global equity and cryptocurrency markets, necessitating advanced strategies for traders.

user avatarAisha Farooq

Investor Hash's Cloud Mining Model Attracts More Investors

chest

Investor Hash's cloud mining platform attracts more investors by offering steady earnings through computing power, even amid market volatility.

user avatarMohamed Farouk

Investor Hash Provides Steady Income Amid Crypto Market Volatility

chest

Investor Hash users continue to earn steady daily income through cloud mining despite significant drops in major cryptocurrencies.

user avatarKenji Takahashi

Bybit to Gradually Wind Down Services for Japanese Users

chest

Bybit will gradually wind down its services for users in Japan starting in 2026 to comply with the country's strict regulatory framework.

user avatarDiego Alvarez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.