Tag Archives: charity

One of the richest people in the digital currency arena is Sam Bankman-Fried, the CEO and founder of popular cryptocurrency exchange FTX. He says that one of the big things that helps keep him rich is charity and giving away part of his crypto funds to other needy people and industries. This helps him keep his money in check and consistently reminds him about what’s important in life. Sam Bankman-Fried Says Giving Crypto Away Keeps Him Grounded In an interview,...

A new cryptocurrency known as CluCoin designed to focus on charity functions is making its way into the digital market. CluCoin Is Looking to Tie Itself to Charities The asset was created by a Twitch streamer known simply as DNP3. At the time of writing, his official identity remains unknown. In an interview, he explained the reason for the currency’s existence: Our goal is to improve all our community members’ lives, while also making the world a better place through...

Imagine running a charity program that accepts money for noble causes. Suddenly, a criminal or malicious actor shows up and decides he’s going to give some money he stole to you. You’d like to say yes because any amount helps what you’re working towards, but the fact is that this is stolen money, and your conscience could never be okay with taking it. In addition, you’re likely to get locked up in some legal issues down the line. What would you do? Unfortunately, for two charities, this is...

In collaboration with Banxa, Binance has added fiat options for the Pound (GBP), Euro (EUR) and Australian Dollar (AUD). Banxa is a global fiat payment services solution that works with financial technology companies in solving their fiat-to-crypto currency issues. The popular faster payments services for the British pound (GBP) is available for users who need to buy cryptocurrencies quickly.Changpeng Zhao said that the Australian dollar and the Euro can also be purchased on Binance’s...

The head of Tron Foundation Justin Sun publicly announced on Wednesday that he is going to grant $1 million to the young Swedish activist Greta Thunberg’s attempts to raise global awareness of climate change.Sun’s announcement came as a response to last week’s COP25 UN climate conference in Madrid that ended with no deal on carbon markets. The negotiations are postponed until next year when countries will have to come up with more ambitious goals to cut greenhouse gas emissions, in order to...

Amazon CEO Jeff Bezos, one of the world’s richest man, has been criticized once again for not doing enough with tax payments. The CEO announced a $98.5 million donation to 32 different organizations in an effort to tackle homelessness and also improve the quality of education in low-income communities, as part of his Bezos Day One Fund. Even though Bezos has also been criticized for also not doing enough with philanthropy, this recent donation didn’t do much to calm one of his most outspoken...

Charity and cryptocurrency have developed quite a partnership over the years. The latest addition to that mix comes in the form of UNICEF, the United Nations’ organization that seeks to aid starving and impoverished children across the globe.UNICEF Is at the Heart of a Crypto BoostUNICEF has announced that it will begin accepting donations in both ether and bitcoin. It is the first UN-based organization to accept crypto, which could potentially mark a huge point in crypto’s development and...