News
The Charity Commission opened the inquiry on Dec. 19 after FTX had filed for bankruptcy in the U.S. and former CEO Sam Bankman-Fried was arrested.
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Charity News
The definition of charity is the selfless and voluntary giving of aid to those who need it. As cryptocurrency has spread all over the world, charity donations using virtual currencies are also gaining popularity among the community for a variety of reasons. For example, all currencies can be changed into Bitcoin online and transferred quickly with minimal fees. Some big charitable organizations, such as the Red Cross, have introduced the possibility of donating with Bitcoin. Also, there are a few platforms that allow making Bitcoin-donations. Besides that, Bitcoin funds have been created for donations and there are a range of digital coins for social goals, such as Clean Water Coin that is fundraising to provide all people with clean water, and Pinkcoin for making donations and gaining benefits from investments.
- Interview
Crypto donations are so much more than just peer-to-peer Bitcoin and Ether transactions.
12750 - News
Politicians and news organizations have reportedly planned to return roughly $6.6 million in donations from FTX — a mere fraction of the crypto exchange's estimated contributions.
11737 - News
One new project attempts to help bankless Ukrainian refugees, while another hopes to streamline international Red Cross projects.
4981 - Interview
Crypto donations expose charities to a “new demographic of funders” that they can’t afford to miss out on.
5010 - Analysis
Cryptocurrencies are being used to provide military and humanitarian aid in the Russia-Ukraine conflict.
6071 - Analysis
Organizations are partnering with NFT projects and accepting crypto donations to draw attention to Breast Cancer Awareness Month.
3524 - News
Participants can explore the RV Odyssey — one of the most advanced ocean research vessels around the globe — via the Metaverse.
2183 - Opinion
A philanthropic DAO would transform fundraising, grant distribution and nonprofit management into a truly transparent, democratic process.
3448 - News
A pseudonymous Twitter account making a series of accusations against Nexo has caused the crypto lender to issue a cease and desist notice.
5087 - Interview
The Pennsylvania-based pharmacist said he got the idea of using crypto to feed the homeless from science fiction movies such as the 2017 remake of Blade Runner 2049 and Justin Timberlake’s 2011 movie In Time.
2676 - Expert Take
With many asking what’s next for NFTs, charities and nonprofits are exploring and maximizing their power for charitable giving.
4275 - Interview
The proceeds will be used to 3D print a leg for a dog named Cuco and an arm for a young man named Jesus.
1253 - News
A Redditor from the United States cashed in on all of their Bitcoin to pay for their dog, Derby’s cancer treatment.
2314 - News
The card will allow displaced Ukrainians to send and receive crypto payments and make transactions at retailers located in the European Economic Area.
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