charity News

A British charity has agreed to repay millions of dollars it received from FTX, condemning fraud underlying Sam Bankman-Fried’s conviction. Effective Ventures, a British charity, has entered an agreement to reimburse $26.8 million to the FTX bankruptcy estate, condemning the…

Coinbase is winding down the GiveCrypto initiative, citing its failure to create a lasting impact. In a blog post on Dec. 15, Coinbase said its non-profit initiative founded by the exchange’s head Brian Armstrong was “unable to create lasting change…

Ross Rheingans-Yoo, an FTX charity wing employee recruited by co-founder Sam Bankman-Fried, is seeking the remaining $275,000 of his alleged 2022 salary bonus. The attorneys for Ross Rheingans-Yoo stated in a legal document filed on Nov. 13 that FTX had…

Former Coinbase Chief Executive Officer (CTO) Balaji Srinivasan canceled his $1 million bet on bitcoin (BTC) on May 2 after it failed to reach $1 million within 90 days. Balaji gave $1.5 million to three organizations as part of the…

A UK-based charity has received more than $130,000 worth of crypto donations in the last 12 months alone. Using Crypto for a Noble Cause Newcastle, UK-based charity, the Children’s Heart Unit Fund (CHUF) recently stated it had received north of…

The United Nations has reportedly hinted it would integrate blockchain technology into its operations in a bid to create solutions aimed at improving the standard of living of citizens in the developing nations, reported The Next Web on September 24,…

Petition platform Change.org and marketing agency TraceyLocke Brazil have devised an ingenious way to help those in need. They have created the Mining Screensaver, which lets you turn your device’s idle time into donations. Mining Screensaver – An Effortless Way…

On July 9, 2018, the Cryptockitties team announced it was signing a partnership with ACTAI Global and Ocean Elders to create a new CryptoKitty called Honu which will be auctioned and the amount gathered from the sale will be used…

While Islam frowns at high-interest rate lending, currencies not backed by commodities or assets, and Ponzi schemes, the Shacklewell Lane mosque in London has caught the bitcoin bug and has made it possible for Muslims in the area to give…

A San Francisco charity that accepts cryptocurrencies raised $14 million in donations, including bitcoin, ether, and ripple, to benefit the homeless in yet another sign that mainstream adoption of virtual currencies is on the rise. Crypto Superstars Attended Gala Many…

Since crypto markets have turned bearish, a running joke in the community has been ‘going long on Ramen,’ referring to the fact crypto holders have seen their wealth decrease and are minimizing their expenditure by living off of the cheap…

Ripple, the world’s third-largest cryptocurrency by market cap, has donated $29 million through educational crowdfunding website DonorsChoose, revealed March 27. The programme shall fund 35,000 classrooms, and represents the most significant donation received by the website. In a video announcement,…

The United Nations World Food Programme (WFP) has employed the blockchain technology to combat the biggest global issue – feeding the hungry. The ‘Building Blocks’ project uses Ethereum’s blockchain technology, which it considers to be a very efficient, to reach…

Seed Madagascar is a non-profit charity organization that is helping to bring a new a future in Madagascar using bitcoin. The charity is dedicated to improve people’s living conditions and preserve the animals of the African island, has recently started…

Blockchain technology has brought us new methods of empowerment and new ways to break with the traditional production and distribution of artistic content. The music industry is one of the industries that can significantly benefit from this new technology as…

For those keeping a watchful eye on the state of cryptocurrency markets in recent years, it might not seem like a long time ago when bitcoin was caught in the middle of some new drug or money laundering controversy every…