• 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

Polymarket Partners with NHL's Rangers for Exclusive Odds Display

chest

Polymarket has signed a deal with the NHL's Rangers to display odds at Madison Square Garden, enhancing its visibility during games.

user avatarDavid Robinson

New Legislation Aims to Regulate Prediction Markets and Explore Blockchain for Elections

chest

New legislation aims to regulate prediction markets and explore blockchain technology for election integrity.

user avatarMaria Gutierrez

FET Trading in Consolidation, Awaiting Breakout

chest

FET is currently in a tight consolidation range, with traders anticipating a potential breakout.

user avatarAndrew Smith

Render and Virtual Protocol Show Technical Strength

chest

Render (RNDR) and Virtual Protocol (VIRTUAL) are showing strong technical structures, indicating potential bullish reversals.

user avatarZainab Kamara

Chainlink and Bittensor Show Strong Trading Activity

chest

Chainlink (LINK) and Bittensor (TAO) are among the top AI-linked assets, demonstrating high trading volumes and potential for bullish moves.

user avatarJacob Williams

Crypto Hardware Wallets Remain Trusted for Digital Asset Security in 2026

chest

In 2026, various hardware wallets are highlighted for their security features and usability, catering to different types of investors.

user avatarSon Min-ho

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.