• 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

Amazon Plans $200 Billion Investment in AI for 2026

chest

Amazon plans to invest approximately $200 billion in AI and infrastructure in 2026 to meet rising demand for its services.

user avatarMiguel Rodriguez

Amazon Becomes World's Largest Company by Revenue

chest

Amazon has officially surpassed Walmart in sales for the year ending January 31, 2025, with a total of $717 billion compared to Walmart's $713.2 billion.

user avatarLuis Flores

Walmart Narrows E-commerce Gap with Amazon

chest

Walmart has significantly closed the gap with Amazon in the e-commerce sector, leading to a nearly 30% growth in WMT stock over the past year.

user avatarArif Mukhtar

Latent Profits in Bitcoin Market Dwindle Amidst Correction

chest

Analysis by Darkfost reveals that Bitcoin's Net Unrealized Profit/Loss (NUPL) metric indicates a significant decline in latent profits, suggesting a bear phase.

user avatarMaria Gutierrez

Bitcoin Price Stabilization Signals Caution for Investors

chest

Market expert Joao Wedson suggests that now is not the ideal time to buy Bitcoin despite signs of stabilization in onchain metrics.

user avatarDavid Robinson

Future Projections for XRP's Price Movement

chest

Hov outlines potential future price targets for XRP, suggesting a bullish outlook if certain conditions are met.

user avatarAndrew Smith

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.