‘Bitcoin Tuesday’ to become one of the largest-ever crypto donation events
Bitcoin Tuesday is aligning crypto awareness with public good in this one-day charity event. Bitcoin Tuesday, scheduled for Dec. 1, aims to become one of the largest cryptocurrency fundraisers in history. The Giving Block, a crypto donations company, has secured partnerships with over 120 nonprofits and 30 blockchain companies to spearhead Bitcoin Tuesday — a one-day event that promotes charitable giving via cryptocurrency. Some of the biggest names in crypto will participate in the event, including Cointelegraph, Gemini, Ledger and Blockfolio. Along with dozens of other blockchain....
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The average crypto donation size was $10,455, 82x more than an average $128 cash donation. 2021 was not just the year of institutionalization of crypto and new all-time highs; it also turned out to be the biggest year for crypto philanthropy.According to research data from The Giving platform, crypto donation volume rose to $69.6 million in 2021 compared to $4.2 million in 2020. Crypto donation volume spiked 1,558% or nearly 16x over the same period. The average crypto donations also saw a 236% increase, rising from an average of $3,109 in 2020 to $10,445 in 2021.The data further revealed....
Globetrotting bitcoin entrepreneur Roger Ver just made the largest ever charitable bitcoin donation - a million dollars - after 'losing' a bet he made with the world about its rise. The CEO of MemoryDealers and angel investor actually made an initial bet of $10,000 (the value of 1,000 BTC at the time) but recent events have pushed the dollar value into seven figures, setting the record. "A little over two years ago I made a bet for $10,000 that bitcoin would outperform gold, silver, the US stock market and the US dollar by more than one hundred times over the next two years," he posted in....
Experimental male contraceptive project Vasalgel received a Bitcoin donation valued at $13,000 last month. Unfortunately, the donation was declined and sent back by Vasalgel’s payment processor. Via a Facebook post, Vasalgel announced the failed donation and pleaded with the would-be donor to repeat the attempt: “OMG, someone just tried to donate $13,000 of Bitcoins to support Vasalgel development, but it was declined because it's over the $10,000 daily limit! Bitcoin is totally anonymous, so we can't contact them to let them know they can split the donation. Whoever you are, please try....
The Water Project has thanked an anonymous donor making the largest Bitcoin contribution towards its Water Promise initiative. Bitcoin has been at the receiving end of all the negative publicity until now, thanks to its extensive use by cybercriminals and darknet marketplaces. But one recent transaction allows both Bitcoin and Bitcoin community to break away from the stereotype. The Water Project, an international non-profit organization working to provide clean drinking water and sanitation to the underprivileged across the world has received a single largest donation in the form of....
The donation from a group headlined by NEAR, Solana and Celo comes in addition to $300,000 raised via Gitcoin.