• 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

2 years 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

Market Factors Influencing PEPE's Price Rally

chest

PEPE's recent price upswing is attributed to a general memecoin rush and gains in Solana, alongside a slight market rebound.

user avatarDavid Robinson

PEPE Memecoin Experiences Significant Price Rebound

chest

PEPE has rallied by 12% in the last 24 hours and 158% in the last week, despite being down 73% over the last year.

user avatarAndrew Smith

MediaFuse Expands into Mainstream Tech with TechnologyWire

chest

MediaFuse has launched TechnologyWire, a news distribution network for the technology sector, optimizing press releases for AI chatbots and human readers.

user avatarJacob Williams

Gold Prices Decline but HSBC Predicts Year-End Rally

chest

Gold prices fell close to 1 on Tuesday, trading in the 4,100 zone, with HSBC predicting a potential year-end rally driven by central bank purchases and demand for portfolio diversification.

user avatarZainab Kamara

Payward Europe Obtains EMI License in Lithuania, Strengthening Kraken's European Operations

chest

Payward Europe has obtained an electronic money institution license in Lithuania, enhancing Kraken's regulatory framework for euro-denominated fiat and crypto services in Europe.

user avatarSon Min-ho

BNB Chain Introduces Gas-Free Transfers for Stablecoins

chest

BNB Chain collaborates with stablecoin issuers to implement gas-free transfers, aiming to simplify crypto payments for everyday users.

user avatarAyman Ben Youssef

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.