Unicef Receives $2.5 Million in Crypto for Ukraine From Binance Charity Foundation

Binance Charity is donating $2.5 million worth of cryptocurrency to support the humanitarian efforts of Unicef in Ukraine. The announcement comes as the ongoing military clash with the invading Russian forces is putting more and more children at risk. Unicef to Fund Activities in Ukraine With Donated Cryptocurrency The Binance Charity Foundation has announced a … Read more

NGO Announces Plan to Use NFTs for Famine Victims of Ethiopia Tigray War

A non-governmental organization (NGO), Save Tigray, has announced it will be using the proceeds from the sale of non-fungible tokens (NFTs) to support its goal of averting famine in Ethiopia’s war-torn Tigray region. According to Save Tigray, the NFTs, which are “based on interpreted photos of the tragedy,” will be sold on the charity organization’s … Read more

Rwanda-Based NGO Partners With Cardano Foundation to Launch ADA Crypto Charity Platform

Save the Children in Rwanda recently became the latest member of the NGO community to endorse cryptocurrencies after it announced the establishment of a partnership agreement with the Cardano Foundation. ADA Donations According to a statement released by parties to the project, this arrangement became possible after Cardano “installed a payment gateway that allows ADA … Read more

Unicef Funding Startups With Cryptocurrency for Covid-19 Relief

The United Nations Children’s Fund (Unicef) has announced its largest cryptocurrency investment funding of startups. Eight companies in seven countries will use Unicef’s crypto fund to develop prototypes, pilot, or scale their technologies. Several of them are working on mitigating the hardships resulting from the covid-19 pandemic. Unicef Announces Largest Crypto Investment Unicef Cryptocurrency Fund … Read more

When Will Other Nonprofits Begin to Keep Bitcoin Donations Like UNICEF?

UNICEF is a globally recognized nonprofit organization. It too decided to jump on the crypto donation bandwagon, courtesy of The Giving Block. More and more nonprofits see merit in accepting bitcoin donations. UNICEF Sets the Right Example That decision is straightforward, as it is one of a handful of global currencies. More importantly, the cryptocurrency … Read more

UNICEF Will not Convert Bitcoin and Ethereum Donations to Fiat Currency

Numerous organizations around the globe can benefit from various cryptocurrencies. UNICEF is one of those organizations, and it seems they are taking it to the next level. The UN Children’s agency now accepts, holds, and distributes donations of cryptocurrencies through the UNICEF Cryptocurrency Fund.  UNICEF and Cryptocurrency It is rather surprising to see UNICEF bank … Read more

United Nations Agency Unicef Launches Cryptocurrency Fund

Unicef announced Wednesday that it has launched a cryptocurrency fund and become the first United Nations organization to hold onto its crypto donations. Without converting them into fiat, the fund will hold two cryptocurrencies and disburse them to support projects benefiting children worldwide. Also read: RBI Ban Stops Indian Police From Cashing Out Seized Crypto … Read more