Tag: Donations

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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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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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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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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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Filecoin Foundation donates $10M in FIL tokens to Internet Archive

The Internet Archive’s founder Brewster Kahle has joined the boards of advisors for the Filecoin Foundation and the Filecoin Foundation for the Decentralized Web. The Internet Archive, an American nonprofit behind major digital archive Wayback Machine, has received a $10 million cryptocurrency donation from the Filecoin Foundation. According to a Friday announcement, the Filecoin Foundation…
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Growth hacker uses crypto to help the unhoused

Giacomo Arcaro distributed more than $20,000 worth of Ether to some of New York City’s homeless population last weekend. Before the 2017 bull run, growth hacker Giacomo Arcaro often slept in his car. Now an entrepreneur who speaks at crypto conferences and forums, he is looking for ways to promote adoption and help those financially…
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How crypto donations are helping victims of the Texas winter storm

“We intend to accept donations via cryptocurrency essentially forever,” said the Austin Disaster Relief Network’s chief financial officer. There is a running gag among many Texans that anytime someone drops a cup filled with ice, it’s enough of a reason to cancel school — major winter storms are so rare that authorities don’t often have…
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Gemini collaborates with The Giving Block and others, adds donations option

Gemini has made digital asset giving more convenient for its users. United States crypto exchange Gemini has added a way for customers to donate crypto to over 100 nonprofits worldwide via The Giving Block. Gemini now gives customers the option to “Give Back With Crypto,” The Giving Block unveiled in a blog post on Thursday.…
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Russian Orthodox Church will not accept Bitcoin in offering plate

A church spokesperson said it was also unlikely the church would release its own digital currency. With roughly 100 million members, the church representing the dominant religion in Russia has no plans to accept cryptocurrency donations or offerings. According to a Q&A streamed on YouTube by Jesus Portal, the chairman of the Department for External…
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