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FTX creditor list shows airlines, charities and tech firms caught in collapse

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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Crypto is redefining how charities raise funds

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 risk losing a generation of donors if they don’t accept crypto

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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Blockbank Joins Coach K’s Conference in Donating to Charities Focusing on Social Impact – Press release Bitcoin News

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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Where do crypto donations go? Here are six charities that have benefited, as told by The Giving Block

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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Crypto Version of ‘Giving Tuesday’ Returns With 10X as Many Charities

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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