donations

Relief Fund Has a Difficult Time Cashing Out the $1B Worth of SHIB Vitalik Buterin Donated

<div class=”featured_image_container”> </div> <strong>In mid-May, the co-founder of Ethereum, Vitalik Buterin, donated $1 billion worth of shiba inu (SHIB) tokens to India’s Crypto Covid Relief Fund (CCRF). Close to three months later, the CCRF organizers say they have been having issues cashing out the SHIB tokens and so far, only $20 million has been paid …

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Israel Begins Seizure of Bitcoin Donations Collected by Hamas

<div class=”featured_image_container”> </div> <strong>Israel’s Defense Minister Benny Gantz has ordered the seizure of cryptocurrency funds raised by the Palestinian Islamist movement Hamas. His department has reportedly started taking control over digital wallets used by the terrorist group to collect crypto donations from abroad. </strong> Defense Ministry of Israel Targets Crypto Addresses Used by Hamas Minister …

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Funding surpasses $2 million for this charity DAO

Opportunities for cryptocurrency usage have risen over the years as digital assets have become more well known. One operation, called Endaoment, is aiming to put charitable giving in the hands of the people and recently secured over $2 million to further its endeavor.  “Endaoment facilitates tax-deductible giving of cryptocurrencies via its Donor-Advised Funds, a kind …

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Greenpeace Has Stopped Accepting Bitcoin Donations Due to Network’s Environmental Impact

<div class=”featured_image_container”> </div> <strong>Greenpeace, the ecological NGO, has stopped accepting bitcoin donations due to the big impact the cryptocurrency network has on the environment. The organization, which was one of the first NGOs to add bitcoin to its donations arsenal, has now backpedaled due to the growing energy consumption of the underlying network powering the …

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Cobie Livestream Raises $800,000 in Crypto to Pay Child’s Cancer Treatment

<div class=”featured_image_container”> </div> <strong>Cobie, the host of the Uponly podcast and a popular crypto Twitter personality, bolstered a fundraising session for John Oliver, a six-year-old kid that is currently battling leukemia. The initiative was quite successful, getting the attention of the likes of FTX executive Sam Bankman Fried, and managed to raise more than $800,000 …

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The rise of crypto charities: Elongate and Munch raise millions for various causes

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 of Elon Musk’s reference to the Watergate scandal, has raised $2 million for various food and general support …

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

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 has donated 50,000 Filecoin (FIL) tokens to the Internet Archive, worth more than $10 million at the time of writing. The grant is designed to …

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Growth hacker uses crypto to help the unhoused

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 struggling as a result of the ongoing pandemic. Last weekend, Arcaro prepared to issue up to $50,000 in Ether …

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Pirate’s Treasure: How the World’s Leading Torrent Site Pirate Bay Amassed $4.5 Million in Bitcoin

<div class=”featured_image_container”> </div> <b>The Pirate Bay has been the world’s most popular torrent web portal for the last eighteen years. Despite a few hiccups during that time, the site remains accessible via mirrors and proxy websites. In addition to remaining online, Pirate Bay has been accepting bitcoin for donations since 2013 acquiring more than $4.5 …

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American Cancer Society Creates Its First Crypto Only Donation Fund

<div class=”featured_image_container”> </div> <strong>The American Cancer Society has set up a fund for crypto donations so the nonprofit can raise at least $1 million by early 2021. Together with The Giving Block, the U.S.-based voluntary health organization expects to collect funds via several cryptocurrencies.</strong> Donations to Fund Cancer-Related Research Plummeted 50% in 2020 According to …

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