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They made the transfers to life science companies like Lumen Bioscience Inc. and Platform Life Sciences Inc. under the guise of effective altruism, a philosophy espousing the transfer of wealth from affluent individuals to those in financial need, the filing shows. But, helping the less fortunate wasn't the charitable arms
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The collapse of the FTX exchange and its subsidiaries in November 2022 also led to the shutdown of its philanthropic arm, FTX Future Fund. The philanthropic arm had pledged $1 billion in donations in 2022 towards research academics across prestigious universities. However, the team behind the project resigned right after FTX
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According to a Mar. 7 announcement from the University of California San Diego (UCSD), the post-secondary institution has received a 15 million USD Coin (USDC) donation from the Balvi Filantropic Fund. The foundation is currently directed by Ethereum (ETH) co-founder Vitalik Buterin and "is a scientific investment and direct gifting
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The amount of cryptocurrencies on the market has skyrocketed from 500 in 2014 to nearly 7,000 only seven years later in October 2021. A reported 14% of people in the United States — which roughly equals 21.2 million people — have purchased some form of cryptocurrency, with more than 300
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American business magazine Fortune has launched a new decentralized donations fund alongside NFT artist pplpleasr, with proceeds earmarked for independent journalists and programs that foster journalistic integrity. The new FORTUNE Journalism PleasrFund was launched on the Ethereum blockchain through Endaoment, a charity-focused decentralized autonomous organization, the company announced Monday. So far,
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press release PRESS RELEASE. Social media dream builder Charlie Rocket and Dreamr Labs announce 2nd nationwide tour with $1 million traveling giveaway kicking off at Life is Beautiful Festival in Las Vegas, 9/17 Click to tweet: Hit the road with Charlie Rocket and @dreamr_app as they travel the country building dreams
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