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A complete list of the creditors owed money by the bankrupt cryptocurrency exchange FTX has been released, revealing a myriad of companies and government entities wrapped up in its collapse. Late on Jan. 25, lawyers for FTX filed its creditor matrix to the United States Bankruptcy Court for the District
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Non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and decentralized finance (DeFi) are redefining how charities raise donations and distribute funds to those most in need. Through ever-evolving crypto and blockchain-related technology, crypto philanthropists told Cryptox that they've witnessed “new wealth distribution mechanisms" never seen before. “Philanthropy has traditionally been seen as a high-cost-of-entry, individualistic
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Charities accepting crypto donations are setting themselves up for an entirely new demographic of funders — who just so happen to be one of the most giving, according to charity organizations. Alex Wilson, the co-founder of The Giving Block, a crypto donation platform providing back-end support to charities, told Cryptox that
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Depending who you ask, NFTs are either a new and exciting way to invest, or a bearish, overhyped sector. Regardless, journalists, investors and collectors have paid significant attention to the growing NFT market in the past year. NFTs continue to be one of the most popular Web3 entry points, an
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press release PRESS RELEASE. Blockbank announced plans to join Coach K’s Conference Experience in donating to charities focusing on social impact. The conference will be held at Le Meridien Beach Resort, Phuket, Thailand, from May 9th to May 13th, 2022. Blockbank, an all-in-one mobile banking solution with crypto integration, will
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Charities and donations have been a trending topic in the cryptocurrency realm as of late. And it's not simply an act of giving. In countries such as the United States, the country's revenue authority provides generous tax deductions for those who donate their crypto to registered charities. One company, The
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Most of the stories coming out of the crypto industry this past year have centered around enormous numbers flowing in and out of the space. From stablecoins topping over $100 billion, with Circle raising $440 million in private investment in the spring, to decentralized finance (DeFi) projects like Solana completing a
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With the holiday season approaching and cryptocurrencies led by bitcoin (BTC) surging in price, charities are warming to the opportunity to accept donations of the digital tender. Slated for Dec. 1, the crypto rendition of the annual worldwide charity event #GivingTuesday – #BitcoinTuesday – is back for another year, spearheaded by
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Last month, the United States Congress increased the tax benefits of charitable giving in the CARES Act in hopes that people will give more. Some give money; others give property; and a growing number have been giving crypto assets.Once you have made the difficult decision of which charity or cause
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HODLers can play Santa this year by gifting their crypto bags to others on Bitcoin Tuesday, a play on the holiday drive known as Giving Tuesday. Source
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