Tag: Charity

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Cryptocurrency can actually make a difference by helping people

The simplicity of crypto could be a game-changer for charities. One influencer is capitalizing on this to save a sanctuary for at-risk youth. Between Bitcoin (BTC) breaking the $50,000 hurdle and the upswell in the altcoin markets, crypto has never been more appealing to speculators. But, stacking profits through trading is worthless unless that money…
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‘Crypto for COVID’: Indian neobank aims to feed those affected by pandemic

In the middle of a spike in cases, more than 4,000 people are dying in India every day as a direct result of the pandemic. Cashaa, a crypto banking platform with physical branches across India, is launching an initiative aimed at bringing crypto enthusiasts together to provide food supplies to those most affected by the…
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The rise of crypto charities: Elongate and Munch raise millions for various causes

The cryptocurrency community is flexing its generosity amid the latest bull market, as charitable donations continue to grow. Two unrelated cryptocurrency projects have collectively raised over $3 million for charitable contributions this month, underscoring the potential of digital assets in aiding mission-based non-profits around the world.  Elongate, a cryptocurrency project that began as a parody…
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Four crypto veterans pledge to give at least 1% of their wealth to charity each year

Ryan Selkis, Dan Matuszewski, Qiao Wang and Haseeb Qureshi join the new crypto donations initiative established by The Giving Block. Four crypto and blockchain veterans have joined Founders Circle, an industry group supporting The Giving Block’s new crypto-focused charity drive.  The “Crypto Giving Pledge” encourages cryptocurrency investors and businesses to donate at least 1% of their…
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Crypto donors to star-studded benefit raise $440K for autism awareness

Thanks to support from Nexo, viewers were able to donate in cryptocurrency to the “ColorTheSpectrum” live stream last week. On April 30, a virtual benefit co-hosted by American TV star Jimmy Kimmel and NASA engineer-turned-YouTuber Mark Rober raised over $3 million in donations to support NEXT for AUTISM, a charity dedicated to addressing the needs…
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Nifty News: Ellen’s NFT auction flops, Oscars controversy, Kayne’s $1.8M sneakers, and more

The Golden State Warriors put the ‘Legacy Collection’ up for auction on OpenSea, the world’s most expensive sneakers are fractionalized, and a Chadwick Boseman NFT is roundly criticized. The much-hyped NFT sale by popular talk show host Ellen Degeneres has fallen flat, with the comedian selling just five out of ten available Gold editions of…
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The Giving Block launches ‘Crypto Giving Pledge’ to ramp up crypto donation efforts

“Crypto Giving Pledge” is the organization’s most ambitious fundraising initiative yet. The Giving Block, a leading cryptocurrency donations platform, has launched a new initiative with the stated goal of making crypto the most charitable industry in the world.  The “Crypto Giving Pledge” encourages digital asset investors to pledge at least 1% of their holdings to…
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Ethereum creator donates 100 Ether and Maker to Indian COVID-19 relief

Vitalik Buterin made the donation after the co-founder of Polygon set up a charity drive to aid COVID-19 relief amid India’s second wave. Ethereum creator Vitalik Buterin has contributed 100 Ether (ETH) and 100 Maker (MKR) tokens to a COVID-19 relief fund, as the country finds itself embroiled in the virus’ second wave. Buterin contributed…
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German software developer donated $1.2M in ‘undeserved’ Bitcoin to political party

“The donor has made it clear to us that he sees these profits as undeserved wealth,” said a spokesperson for the country’s Greens party. A German national who reportedly sees his Bitcoin profits as “undeserved wealth” has donated more than $1 million to the country’s green political party. According to Hamburg-based news outlet Die Zeit,…
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The NFT of record: New York Times raises $500,000 for charity in NFT column sale

The NYT goes NFT as tokenized article auctions for over $500,000 “It’s worth a try,” wrote New York Times columnist Kevin Roose of his attempt to auction one of his articles as a non-fungible token (NFT). Just a day later, however, it appears to be worth much more than that. After publishing a step-by-step NFT explainer…
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