• 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

CasinOK Integrates Lightning Network for Fast Bitcoin Transactions

chest

CasinOK integrates the Lightning Network for fast Bitcoin transactions, allowing execution within 32 seconds and reducing gas fees.

user avatarAisha Farooq

Bybit Launches AED Fiat Referral Boost with 7,500 USDT Prize Pool

chest

Bybit launches AED Fiat Referral Boost with a 7,500 USDT prize pool to incentivize deposits and referrals.

user avatarTenzin Dorje

Bybit Enhances USDC Trading Ecosystem with New Fee Structure

chest

Bybit announces significant enhancements to its USDC trading ecosystem, including an optimized fee structure and liquidity improvements for spot and futures trading pairs, effective March 23, 2026.

user avatarBayarjavkhlan Ganbaatar

Fidelity Digital Assets Makes Case for Bitcoin in Institutional Portfolios

chest

Fidelity Digital Assets has published a research report advocating for the inclusion of bitcoin in institutional investment portfolios, emphasizing its historical performance and the need for a rationale for maintaining a zero position.

user avatarMohamed Farouk

Mortgage Rates Remain Elevated, Affecting Homebuyers

chest

Mortgage rates remain high, affecting affordability and buyer behavior in the housing market.

user avatarElias Mukuru

Ethereum Struggles with Resistance as US-Iran Tensions Rise

chest

Ethereum is facing key resistance at the realized price of 2,306, with potential risks of dropping below 2,000 due to ongoing US-Iran tensions.

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.