PHILANTHROPY Financial News

29.11 / 12:55

Ethereum Donations PHILANTHROPY Usd Coin Bitcoin Ethereum donations top Save the Children HODL Hope Campaign

An ongoing crypto donation campaign dedicated to improving the lives of children worldwide has received over $7.6 million to date, half of which was donated in Ether (ETH).

25.11 / 10:27

Blockchain Web3 Charity PHILANTHROPY 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 promotion, often ignoring to ensure their funds reach the destination accordingly.

20.10 / 13:05

Blockchain Adoption Charity transparency PHILANTHROPY 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.

19.10 / 20:21

Adoption Terrorism PHILANTHROPY Crypto Aid Israel raises $185K, distributes aid to 4 organizations, in 10 days

The Crypto Aid Israel collective has raised over $185,000 since its creation less than two weeks ago and has distributed aid to several humanitarian groups.

29.09 / 10:19

Adoption NFT Donations PHILANTHROPY Support NFT artist raises $140K for cancer support charity

A nonfungible token (NFT) artist raised nearly $140,000 (114,000 British pounds) from an art event in Edinburgh, Scotland to support cancer treatment.

01.09 / 08:29

business Adoption Donations PHILANTHROPY crypto donations Oprah and The Rock collect crypto donations for Maui wildfires victims

The crypto community joins in to support the Maui community as a relief fund championed by A-list celebrities Oprah Winfrey and Dwayne ‘The Rock’ Johnson accepts donations in cryptocurrencies.

20.07 / 20:27

regulation FTX Bankruptcy PHILANTHROPY life sciences FTX sues over investments, donations made by charity arm to life sciences companies

FTX’s efforts to claw back customer funds are continuing. Alameda Research and FTX filed suit on July 19 seeking the return of $71.6 million in allegedly commingled corporate and customer funds related to investments and donations to life sciences companies.

06.06 / 18:56

Blockchain Adoption regulation Sustainability Charity Africa PHILANTHROPY Standard A missing link in social giving: A SocialFi platform based on the gold standard

While social giving is seen as a key element in supporting the international development agenda, managing donations requires end-to-end clarity on the movement of funds. In its current state, donation management lacks reliable traceability features, making it difficult for donors to understand how their contributions are being used. The lack of transparency, coupled with the inefficient bureaucratic processes of cross-border fund transfers, creates a barrier that discourages potential donors from reaching out to regions in need.

06.04 / 11:33

Blockchain regulation FTX PHILANTHROPY FTX philanthropic donations have created a complex dilemma for recipients

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 filed for bankruptcy on Nov. 11, 2022.

17.11 / 09:01

business Investments Funding PHILANTHROPY Tremors from FTX's collapse reverberate through the scientific community

The fall of crypto exchange FTX appears to have already begun to impact the hundreds of grant recipients across a variety of philanthropic organizations backed by the exchange.

22.09 / 17:01

event Adoption NFT PHILANTHROPY Schools UNICEF Giga NFTs to connect schools in developing countries to internet

Developed countries often take for granted the ubiquity of the internet. But the reality is that some 2.9 billion people still don’t have connectivity to the world wide web.

06.09 / 22:15

Adoption NFT PHILANTHROPY Argentine Freemasons want to put NFTs to philanthropic work

The Argentine Grand Lodge of Free and Accepted Masons is jumping into nonfungible tokens (NFTs), but with a philanthropic twist. The secretive society is releasing 77 digital art NFTs under the name CryptoMasons, with profits going back to local charities supported by the chapter.

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