Binance, one of the planet’s largest cryptocurrency exchanges has just launched a fundraiser to help those impacted by the destruction wrought by Hurricane Dorian. The last couple of days have seen Caribbean islands and now the south east coast of the US battered by winds, leaving hundreds of thousands of individuals in need of aid.…
The Dementia Society of America (DSA) has just announced that it will be accepting a range of cryptocurrencies going forward. Thanks to the financial technology’s classification as property in the US, donations made to the charity using digital assets will not be taxed. In addition to the general acceptance of cryptocurrency, the charity has also…
One of France’s most iconic buildings lies virtually destroyed after a tragic fire consumed it last night. In response to the incident, which has moved much of the planet, a group of French Bitcoin advocates have set up a crypto appeal. The blaze is now under control but millions of euros worth of architecture and…
The topic of charity often brings disparity of opinion. On the one hand, most of us recognize the injustices of the world and want to help those in need. But, given the reports of fraud and misconduct, as well as the sheer scale of problems, it’s understandable why many become numb to the issue. However,…
International children’s charity UNICEF has announced that it will formally support a total of six new blockchain startups through the UNICEF Innovation Fund. As part of the programme, the firms will each receive a share of $100,000 in funding. Most of the blockchain startups selected for membership in the fund are from a different developing…
In a recent announcement on the Binance website, the major cryptocurrency exchange explained that they would be introducing an unprecedented policy that makes coin listing fees completely transparent, with 100% of those fees being donated to charity. The move comes as exchanges face growing criticism regarding their listing policies. In the post, the exchange explains that…
Charities are increasingly accepting of cryptocurrencies as donations. This potentially exposes them to the same level of risks and rewards as those investing in the space. Charities Take Cryptocurrency Risk Giving Wealthy Donors Tax Breaks Thanks to nuances in U.S. tax legislation, many individuals that have been newly enriched by cryptocurrency are favouring making donations…
Fidelity Investments is a 72-year company with more than $7 trillion in investor’s funds under management, and despite their well-established position within the traditional retail markets, they are incredibly open to nascent technologies, like cryptocurrency and blockchain. Fidelity’s openness to blossoming new technologies is setting themselves into a unique niche. In certain ways, it is…
The research and development arm of Airbus, A3, has launched a blockchain donation platform, called Heritage, that allows charities to better track and understand their fundraising efforts and operational efficiency. The new Heritage platform will be based on the Ethereum blockchain and will provide a robust and thorough framework that allows charities to accept and…