Cryptocurrency Analysis and News Portal
A merge between crypto and philanthropy is already underway as decentralized autonomous organizations (DAO) and nonfungible token artists alike fundraise and donate crypto to nonprofits. But what does the age-old institution of philanthropy have to learn from emerging technologies in the crypto space? Additionally, what does crypto have to offer
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Cryptocurrency lending platform Nexo has hit back at what it called “fake news” and rumors that its founders were part of a charity embezzlement scandal, saying the claims are untrue and defamatory. It has issued a public cease and desist notice to the originator of the allegations.In a blog post
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On June 11, Consensus hosted MetaGala, one of the major events of Consensus 2022 that brings together crypto investors, influencers, and artists from the cultural sector, the crypto space, and the fashion industry. For the last seven years from 2015, Consensus has been the most influential summit in the world
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Al Jalila Foundation, the United Arab Emirates charitable organization, recently announced that it has been given permission to accept cryptocurrency donations. Accepting cryptocurrencies makes it possible for the foundation to receive funding via what is described as one of the fastest-growing donation methods. Accepting Crypto Expands Foundation’s Donation Channels A United
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A California state regulator may be looking at overturning a ban on cryptocurrency donations to political campaigns which has been in effect since 2018.According to its May 2022 agenda, California’s Fair Political Practices Commission, or FPPC, has scheduled a “pre-notice discussion” on Thursday on the use of cryptocurrencies f campaign
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Ukrainian officials have used funds from the crypto donation platform launched by the government to purchase supplies for the country’s military amid its ongoing war with Russia.In a Friday tweet, Ukraine’s minister of digital transformation, Mykhailo Fedorov, announced that the country had purchased five all-terrain vehicles, which “will come in
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The Wikimedia Foundation, which backs Wikipedia, will shut down its BitPay account and has announced it will stop accepting cryptocurrency donations based on community feedback.The decision to end crypto donations was made after 232 members, or 71% of the Wikimedia Foundation (WMF) community voted in favor of a Jan. 10
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The decision came in response to a community vote on a proposal to the foundation from contributor Molly White, who goes by the user name GorillaWarfare, argued that accepting donations in cryptocurrencies such as bitcoin, bitcoin cash and ether signals endorsement of digital coins, which are “inherently predatory” as investments
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Mykhailo Fedorov, Vice Prime Minister of Ukraine and Minister of Digital Transformation of Ukraine, tweeted that the Ukrainian government will accept war effort contributions in the form of nonfungible token (NFT) donations and purchases. Via the official "Aid for Ukraine" crypto fund, individuals can donate cryptocurrency, fiat and now NFTs. So
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Finland's government has selected two local digital asset service providers - Coinmotion and Tesseract - to act as brokers for its planned bitcoin donation to Ukraine. Original Source
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