Chile's First Bitcoin Exchange Sets Up Donation Program For Earthquake & Tsunami Relief
Chile's government has declared a state of emergency in a coastal town of Coquimbo where 15 foot waves came ashore in the wake of a massive earthquake that has left ten dead in the Latin American nation. Tsunami waves made landfall north and south of the quake's epicenter along Chile's long coastline, with tsunami warnings for the US west coast. The earthquake represents the largest quake in the world this year, its duration more than three minutes. Dozens of aftershocks followed. The initial quake could be felt in Brazil and Argentina: 8.3 magnitude earthquake in Chile made waves in this....
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No less than one million people had to flee from their homes in Chile after a powerful quake jolted the country's central region. To help the survivors, SurBTC, Chile's first fully fledged Bitcoin exchange, has created an account with the aim to help in collecting funds. In a blog post, this Bitcoin exchange also outlined that the account will be only used to collect donations for the survivors. The features of this account are as under:0% fee on every deposit, withdrawal or other transactions. This will be done both in Chilean Peso and Bitcoin. Every Bitcoin will be converted to Chilean....
The wrath of nature is unparalleled. Whenever there is a natural disaster, it leaves the whole country and even the world devastated. Be it volcano eruption, floods or earthquakes, the affect can be felt across the world. Unfortunately, last week Nepal became the target of nature's fury when an earthquake measuring over 7.9 on the Richter scale shook the country. The earthquake epicentered near the capital city Kathmandu, brought down everything in its surroundings. The tremblor and aftershocks that followed it has caused extensive damage to the buildings and monuments, both old and new....
It has been about a month since the "Bit of Support" campaign went live. The campaign available on www. BitofSupport.com is a socially conscious initiative by NewsBTC, KarmaSnap and igot towards the victims of the recent earthquakes in Nepal. In the past few days, the campaign on BitoSupport.com has proven that the Bitcoin community cares deeply. To stand proof to this overly generic claim is the response received by BitofSupport; the campaign has raised about 1 BTC so far in less than 30 days. 1 BTC, which converts to roughly around $230 in fiat currency doesn't look like a lot of money.....
Most of us have already known about the Nepal earthquake that rocked the South Asian country last month. The Nepal earthquake of magnitude 7.8 epicentered in Kathmandu caused extensive damage to life and property in the region. This huge earthquake on April 25, 2015 was followed by multiple aftershocks, the latest one of magnitude 7.2 on May 12. 2015. The Nepal earthquake toll is expected to cross 10,000, along with collapsed buildings (both old and new ones alike) and damage to infrastructure has made rehabilitation hard. Governments, organizations and individuals across the world are....
The primary use case for cryptocurrency in most wealthy countries is acquiring it and holding it, trading it, or using it in various other ways to make more money. In the developing world, where access to financial and banking systems is limited or nonexistent, innovative humanitarian organizations are piloting micro-blockchain ecosystems.In the summer of 2021, Hope for Haiti was ready to launch a cryptocurrency pilot program to provide 150 mothers with cellphones, digital wallets and payment cards that use near-field communication technology. Each mom participating in its community....