Bushfires continue to run rampant across Australia. A lot of money will be needed to put this threat to bed, as well as repair the damage done.
The cryptocurrency community can be of great assistance in this regard.
Earlier this week, Binance confirmed it would donate over 118 bitcoin, or nearly $1 million to this cause.
Given how these wildfires are the worst in decades, it is evident that a lot of financial aid will be needed first and foremost.
Cryptocurrency contributions may offer a small helping hand in this matter.
When it comes to supporting good causes, bitcoin and altcoin enthusiasts will often step up their game accordingly.
The Binance Charity Foundation will try to support the cause through its Australian Bushfire Donation project.
Their current plan is to donate the aforementioned US$ 1 million worth of Binance Coin.
It appears that anyone else willing to donate BNB can get in on the action.
To date, 20 donations have been received, albeit they have yet to be allocated accordingly.
This marks another important milestone for the cryptocurrency industry.
It is crucial for bitcoin and other projects to get some positive media attention for a change.
The efforts by Binance will certainly aid the narrative.
The option to donate will remain accessible to all Binance users for the foreseeable future.
Blockchain investigator ZachXBT has brought renewed scrutiny to Axiom Exchange after publishing findings that detail…
Eric Trump has announced a sharp increase in Bitcoin reserves at American Bitcoin, revealing that…
A wallet linked to the Pump core treasury has transferred 11.2 billion PUMP, valued at…
Richard Blumenthal has formally launched a Senate investigation into Binance over reports that as much…
The narrative around stablecoins has shifted dramatically over the past few years. What began as…
Digital payments and stablecoin issuer Circle delivered a standout fourth quarter, reporting $770 million in…