Giving Block co-founder Pat Duffy said the service streamlines the platform’s existing donation process, allowing “high-value donors to quickly and securely give large gifts to their favorite charities while reducing their tax bill.” The Giving Block, an online platform which allows nonprofit organizations and charities to accept digital asset donations, has launched a service tailored…
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“The cryptocurrency bull market has been good to all of us in this industry and this holiday season is the perfect time to pay it forward,” said Unbanked co-CEO Ian Kane. This holiday season, fintech provider Unbanked will be enabling crypto donations for Toys for Tots, a program run by the United States Marine Corps…
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Such principles as decentralization and tokenization will enrich the nonprofit and charitable sectors via accepting donations in crypto. The amount of cryptocurrencies on the market has skyrocketed from 500 in 2014 to nearly 7,000 only seven years later in October 2021. A reported 14% of people in the United States — which roughly equals 21.2…
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Giving Tuesday marked the start of the season for crypto giving and The Giving Block is leading the crypto fundraising campaign. After Thanksgiving Thursday, Black Friday and Cyber Monday comes Giving Tuesday, a day that encourages contributing to charity. The year saw a rise in crypto-philanthropy, thanks to The Giving Block’s initiative of Crypto Giving…
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Charities are becoming more receptive to crypto donations thanks to the mainstream adoption of Bitcoin and other digital assets. Blockchain-based nonprofit organization Endaoment has raised more than $7 million for charities in its first year of operations, marking another major milestone for the rapidly growing cryptocurrency donations industry. Endaoment’s donor-advised funds, or DAFs, have been…
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The Hollywood star co-founded the nonprofit organization Water.org in 2009. Its mandate is to help eradicate the global water crisis. Digital currency exchange Crypto.com has donated $1 million to water.org, a clean-water initiative co-founded by Matt Damon and Gary White in 2009. The direct donation will go toward supporting Water.org’s mission of ending the global…
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16 million people in Yemen — including 400,000 children under the age of five — already face food supplies at critical levels. A Redditor living in Yemen’s capital city of Sana’a claims to be using cryptocurrencies to buy food packages for families unable to access supplies during an ongoing civil war. According to a Thursday…
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RenPSG to allow charities to accept more than 45 different cryptocurrencies including Bitcoin, Ether and Dogecoin. The Giving Block, a major organization focused on the cryptocurrency donations industry, continues to expand its crypto charity reach with a new partnership. The organization will be working with charitable platform provider RenPSG to allow its donors to move…
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Crypto-focused charities continue to grow. Through GoodDollar, eToro is targeting financial inclusion and literacy through a global UBI program. Cryptocurrency investment platform eToro has committed $1 million to the GoodDollar universal basic income protocol, supporting the nonprofit’s effort to bridge the global wealth gap through DeFi and smart contract technology. The additional capital will aid…
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Cryptocurrency donations platform The Giving Block facilitated the contribution, which totaled nearly $221,000 in GUSD. Trippy Bunny NFT, a new nonfungible token project built on Solana, has announced that it is donating all of its mint sale proceeds to the American Foundation for Suicide Prevention. The announcement was made on Suicide Prevention Day, a global…
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