Category: donation

Ukraine Raises Over $100,000 From Cryptopunk NFT Sale

Ukraine Raises Over $100,000 From Cryptopunk NFT Sale

The government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who spent more than $100,000 in ethereum for the collectible, the country’s digital transformation ministry said. Ukraine Government Sells Donated Cryptopunk Token for 90 ETH Ukrainian […]

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Presidential Candidate in South Korea to Raise Funds in Cryptocurrency, Issue NFTs  

Presidential Candidate in South Korea to Raise Funds in Cryptocurrency, Issue NFTs  

Lee Jae-myung, nominated by the ruling party in South Korea for the upcoming presidential elections this spring, is preparing to raise funds in cryptocurrencies and issue non-fungible tokens for supporters. His campaign hopes that the initiative will woo young and tech-savvy Korean voters whose interest in digital assets is growing. Ruling Party of South Korea […]

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Troop of Bored Ape NFTs Rises Above the Competition, BAYC Donates $200K in ETH to Orangutan Outreach

Troop of Bored Ape NFTs Rises Above the Competition, BAYC Donates $200K in ETH to Orangutan Outreach

While non-fungible token (NFT) assets have been raking in millions, numerous NFT projects like Cryptopunks, Meebits, and Bored Ape Yacht Club (BAYC) have been outpacing the competition. The BAYC NFT collectibles is a collection of 10,000 Bored Ape NFTs and just recently the project sales volume has risen exponentially as it rests just below Cryptopunks […]

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Lawmakers call on IRS to amend form for charitable donations in crypto

Lawmakers call on IRS to amend form for charitable donations in crypto

Members of Congress’s Blockchain Caucus advocated for clearer tax policy for crypto donations in a new letter to Internal Revenue Service Commissioner Charles P. Rettig.  Congressional lawmakers have previously called on the IRS for crypto tax clarity related to forked assets, staking and other guidance on “basic reporting requirements.” However, Thursday’s missive specifically related to what […]

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Crypto exchange Coinbase launches organization to support charitable causes

Crypto exchange company Coinbase has launched a charitable organization that the company says will focus on “driving philanthropic initiatives underpinned by a common goal of increasing economic freedom.” Coinbase Giving will support causes that fall under three main categories: increasing education and access to crypto, speeding up the developments of crypto protocols, and supporting the […]

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Vitalik Buterin and Balaji Srinivasan Donate to Indian Covid Relief Fund Despite Country’s Intentions to Ban Cryptos

The covid-19 crisis is worsening every day in India, as the country keeps hitting record daily numbers of cases and its death toll. The crypto community is starting to show solidarity with the country, as big players such as Ethereum co-founder and a well-known investor announced crypto donations to provide support. Buterin Also Contributed With […]

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