Vitalik Buterin donates $227k to help earthquake victims in Turkey

1 year ago

The Ethereum co-founder has sent astir $227,000 successful ETH to 2 Turkish earthquake alleviation organizations.

34 Total views

1 Total shares

Vitalik Buterin donates $227k to assistance   earthquake victims successful  Turkey

Own this portion of past

Collect this nonfiction arsenic an NFT

Ethereum co-founder Vitalik Buterin has present made astatine slightest 2 important contributions to assistance the victims of past week’s devastating earthquake successful Turkey and Syria.

The Turkey-Syria 7.8 magnitude earthquake struck connected Feb. 6. Its decease toll has present risen to 33,000 — 1 of the nation’s worst successful decades.

Over the week, the Ethereum co-founder has been 1 of galore actively donating Ethereum to enactment alleviation efforts successful Turkey. His latest donation connected Feb. 12 was for 50 ETH, oregon astir $77,000, to Anka Relief arsenic reported by blockchain information firm PeckShield.

Anka thanked the Ethereum co-founder for his donation and said that crypto donations had been flowing since the archetypal day.

“Since time 1 of the disaster, we witnessed donations piling successful the wallets of a fistful of large NGOs. Great that they person attracted and volition beryllium attracting much funds,” said the organization.

— Anka Relief (@AnkaRelief) February 12, 2023

Anka provided a list of crypto wallets than tin beryllium utilized for donations. The Web3 alleviation enactment enactment has besides spearheaded the Ukraine DAO task to rise crypto donations to enactment efforts successful the besieged country.

The latest donation adds to different 99 ETH that Vitalik sent successful enactment of earthquake victims. On Feb. 11 the vitalik.eth code sent astir $150,000 worthy of ETH to Ahbap, a non-governmental and nonprofit enactment dedicated to alleviation efforts successful Turkey.

Ahbap has also provided respective crypto addresses for assorted tokens it tin judge arsenic donations.

To date, it claims to person received $4.3 cardinal successful crypto donations with stablecoins being the astir fashionable tokens sent. According to Etherscan, the Ahbap wallet contains 409 ETH worthy $622,000 astatine the clip of writing.

Late past week, London’s Financial Times reported that crypto donations had been pouring successful from crossed the globe. More than $10 cardinal successful crypto had been sent by companies with Binance unsocial donating $5 cardinal successful enactment of Turkish alleviation efforts.

Binance besides announced $100 in BNB airdrops to those successful the hardest-hit areas past week.

Related: The Web3 assemblage responds to Turkish–Syrian earthquake tragedy

On Feb. 7, conscionable a time aft the devastating quake, Cointelegraph reported however the Web3 assemblage was coming unneurotic to put crypto donations for NGOs and support.

It is not the archetypal clip crypto has been utilized for earthquake alleviation donations. In 2015, Bitcoin donations were sent to alleviation organizations pursuing the monolithic quake successful Nepal.

View source