Blockchain and charity: How to restore trust in philanthropy
Charity initiatives reflect our humanness in a world too much focused on individualism and consumerism. However, trust in charitable organizations and nonprofits has declined drastically over the last few years. Many businesses and individual influencers use giving for branding and promoti ...
FTX Foundation staffer fights for $275K bonus promised by SBF
An employee of FTX’s charity wing recruited by FTX co-founder Sam Bankman-Fried is trying to get paid $275,000, the remainder of his claimed 2022 salary bonus.Ross Rheingans-Yoo's lawyers argued in a Nov. 13 court filing that only $375,000 of his $650,000 bonus was paid by FTX. They ...
Cryptocurrency charities can exploit the ‘gambler’s fallacy’ to reap larger donations — study
A team of academic researchers from the U.S. recently published a study exploring how the “gambler’s fallacy” affected cryptocurrency donations. Their findings indicate that organizations accepting crypto donations could benefit from timing the market. Essentially, the team’s work exp ...
Blockchain improves charity transparency — But is it right for everyone?
In 2021, the Australian branch of the Red Cross received $90 million to aid the victims of the bushfires that plagued various regions of New South Wales and Victoria. However, the organization soon came under fire for its lack of transparency when it revealed that it would only distri ...
Crypto donations fund fire relief efforts on Maui
Relief efforts are still underway on the Hawaiian island of Maui following a series of wildfires severely damaging major areas including Lahaina.All Hands and Hearts, a disaster relief organization, has been collecting cryptocurrency and fiat donations to assist local Maui residents in the ...
Play, shop and trade for a greener planet: This project offers new ways to combat climate change
Bitcoin (BTC) mining is estimated to emit 65.4 megatons of CO2 annually. This is the conclusion reached in 2021 by a group of climate and economic researchers in Europe in the report “Revisiting Bitcoin’s carbon footprint.” This emission is comparable to the carbon footprint of an entire c ...
Incrypted Conference 2023: The Premier Crypto-Event in Ukraine
The first 100 early tickets were sold out within hours of the start of sales. This gives reason to say that Incrypted Conference 2023 claims to be the main crypto-event of the year in Ukraine. Top speakers from major international and Ukrainian projects, as well as industry fans will gather to di ...
Justin Sun Plans to List Meme Tokens on Huobi and Poloniex, Dismissing Binance as Ideal Trading Platform
He plans to shed meme tokens on these exchanges San said Binance is not the best place to trade such coins CEO Huobi and Tron founder Justin Sun said he plans to rebuild and revive cryptocurrency exchanges Huobi and Poloniex. To do so, he will list meme tokens on ...
Tron Founder Justin Sun Announces Plan to Trade Meme Coins and Donate Profits to Charity
Founder of Tron said he plans to actively trade meme-coins. However, he added that this statement was not financial advice. "I have decided to start actively trading memetic tokens and promising projects through my public address. I will absor ...
Kalush Orchestra Frontman’s NFT with Iconic Pink Panama Goes up for Auction
The centerpiece of the token's design is a trademark pink panama All money from the auction will go to the Sumy Society for the Protection of Animals The Kalush Orchestra frontman personally signed the printed image of the NFT An auction has started o ...
Red Granite Pictures Launches Non-Fungible Tokens Collection Based on The Wolf of Wall Street
Red Granite Pictures has recently made an announcement regarding the launch of a unique collection of non-fungible tokens (NFTs) based on their hit movie, The Wolf of Wall Street, which was released in 2013. These NFTs are priced at $100 each and come with exclusive privileges for their owners, s ...