Fairshake, a political action committee supported by Coinbase and a16z, has a $73 million war chest to oppose anti-crypto candidates and support those in favor of digital assets.
Donations News
Cryptocurrency donations are gaining more and more popularity over time. As most cryptocurrencies are still in the so-called legal “gray zone” and have no need to be explained to authorities or be subject to taxationation, their use is very suitable for media creators, publishers and different digital communities. There has been a lot of fascinating news about cryptocurrency donations, such as Potcoin funding Dennis Rodman’s trip to North Korea in an attempt to bring peace for Guam, proving it’s safe during the US-North Korea political conflict. The Dogecoin community is also famous for their donations. For example, they were involved in some interesting charity cases, such as raising fifty thousand dollars for the Jamaican Bobsled team to go to the Sochi Winter Olympics in 2014 and thirty thousand dollars to build a well in the Tana river basin in Kenya.
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The donation went through Coinbase’s GiveCrypto initiative, which the exchange announced in December it planned to wind down.
10885The Fairshake political action committee raised more than $85 million and spent roughly $19 million as of Dec. 31, according to data from Open Secrets.
5173A federal judge said there was no national emergency justifying the invocation of the emergency law, which gave the government the power to freeze assets.
6902Why send 26.9 Bitcoin to Satoshi Nakamoto’s inactive wallet? Cointelegraph gathered the most outlandish theories and asked crypto industry leaders for their craziest hypotheses.
3508Time after time, the crypto world has rallied together to support those affected by natural disasters and crises worldwide.
21194Government transparency group Open Secrets reported U.S. crypto firms spent roughly $19 million on lobbying from January to September 2023.
23108While Ether represents 50% of the total crypto donations made to Save the Children’s HODL Hope Campaign, Bitcoin donations amount to 34% of the lot so far.
1922Republican presidential candidate Vivek Ramaswamy, Independent presidential candidate Robert F. Kennedy, Jr. and many U.S. lawmakers were in attendance at NABS 2023.
4876FTX Foundation employee Ross Rheingans-Yoo said he was not part of Sam Bankman-Fried’s “inner circle” and knew nothing about FTX’s fraud.
10496Kriss Baird, the principal figure of Cardano’s Project Catalyst, spoke with Cointelegraph about the initiative, the extent of the collective’s involvement in shared resources and the direction of the platform’s development.
8624The funds raised from the event will help 4,000 people impacted by cancer and locals who need immediate and vital support.
3324The bill required politicians to “immediately convert” crypto donations to U.S. dollars, with no scope of expenditures or hodling the funds.
2246The Rock and Oprah Winfrey launched the People’s Fund of Maui to provide direct financial support to those affected by the calamity.
6928The storm hit Florida first in the continental U.S., which may have stopped Ron DeSantis from joining Vivek Ramaswamy in accepting crypto donations for his presidential campaign.
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