• 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

GMTrade Launches Forex Perpetuals on Solana Network

chest

GMTrade has launched Forex Perpetuals on the Solana blockchain, allowing crypto users to trade major global currency pairs onchain.

user avatarSon Min-ho

Intel's Foundry Business Gains Traction Amid AI Demand

chest

Intel's foundry business is gaining traction due to strong demand for AI-related server CPUs, with its new manufacturing process enhancing its market position.

user avatarTando Nkube

Intel Corporation Shares Rally on Analyst Upgrades

chest

Intel Corporation shares closed at 4696 on January 16, 2026, driven by bullish analyst upgrades and optimism ahead of Q4 earnings.

user avatarAyman Ben Youssef

Memecoin Market Faces Major Setback After Initial Surge

chest

The memecoin market has lost approximately 85% of its gains within a week after a surge of 10 billion in market capitalization.

user avatarNguyen Van Long

Ethereum and BNB Price Forecasts Show Steady Growth

chest

Ethereum and BNB are projected to experience steady price growth in the coming months, with specific targets set for January and February.

user avatarKofi Adjeman

Increased Retirement Contribution Limits for 2026

chest

The IRS has announced substantial increases to elective deferral limits for workplace retirement programs for 2026.

user avatarRajesh Kumar

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.