"Tipping Tuesday" Spurs Charitable Bitcoin Donations

Yesterday, reddit user steeevemadden made a post on /r/Bitcoin proposing a "Tipping Tuesday": a day during which Bitcoiners donate via ChangeTip to charitable organizations over Twitter. Surprisingly, the proposal took off, and many Bitcoiners are participating in this event actively. Roughly every minute, a new tip is sent over Twitter. You can check the tips being sent by searching for the hashtag #TippingTuesday on Twitter. Another reddit user, BashCoBot, further solidified the proposal in a post in which he laid out some ideas for which charities and communities to tip. Excited users....


Related News

Spreading holiday joy through charitable giving with cryptocurrency

Charitable crypto campaigns aim to give back this holiday season, demonstrating how effective cryptocurrency and NFT donations can be for donations. The holidays are the perfect time of the year for giving back, and the rise of cryptocurrencies has created even more opportunities for charitable initiatives. This was highlighted during Giving Tuesday 2021, the Tuesday after Thanksgiving which saw over $2.4 million raised in cryptocurrency from the nonprofit fundraising platform The Giving Block.As crypto philanthropy becomes a new subsector of the cryptocurrency economy, some in the....

Microsoft Rival LibreOffice Accepts Bitcoin Donations

The Document Foundation, the company that develops a free and openly-distributed productivity suite, LibreOffice, is now accepting bitcoin donations to help fund its operations. It seems that the free and openly-distributed currency has garnered The Document Foundation increased visibility, as well as financial resources. Italo Vignoli, one of the company's founders, reported a surge in bitcoin donations once it was announced that the non-profit organisation would accept the virtual currency. He said that the site's total donations "registered a spike immediately after the announcement,....

IAPF and BITPOS Join Forces for Donations

Australian Point-of-Sale provider BitPOS and the International Anti Poaching Foundation (IAPF) have teamed up to offer bitcoin donations in the struggle to combat poaching in Africa's wilderness. Bitcoin is particularly beneficial for charitable organizations, particularly those doing work in remote locations where the infrastructure for the receipt of funds is lacking. Bitcoin donations have several advantages over traditional methods: the speed of transfer, a truly international reach, and the frictionless nature of donations means the IAPF is able to capture donations easily from all....

Fidelity’s Charity Arm Raised $7 Million in Bitcoin Donations in 2016

Fidelity Charitable, the public charity arm of mutual fund giant Fidelity Investments, raised $7m in bitcoin donations last year. The organization launched the donation option in November 2015, enabling contributions from customers by way of their donor-advised funds. Fidelity Charitable has utilized Coinbase as a payment processor to handle bitcoin-to-dollar conversions. New statements from Fidelity Charitable indicate that those efforts have paid off. The organization said today: “To support strategic giving and as part of a broader expansion in November 2015, Fidelity Charitable began....

Bitcoin Company tidbit Raises £122,080 in Seed Funding for Bitcoin Tipping Service

tidbit, a London, U. K. -based online tipping and micropayments service that utilizes bitcoin, has raised £122,080 ($192,289) for 15.03 percent equity in seed funding through investment platform Seedrs. The funding will be used for marketing, incorporating additional features, and building the network of sites featuring tibdit. tibdit provides a fast and convenient tipping and donation service, giving users the chance to reward others online with payments between 3p and 75p. tibdit takes only 1.5p per transaction. tibdit facilitates such small payments through the use of bitcoin. The....