Crypto News

Vitalik Buterin Helps Earthquake Victims with $227k Donation

Array
Ethereum co-founder Vitalik Buterin

The recent 7.8 magnitude earthquake in Turkey and Syria left a devastating impact on the region, with the death toll now reaching over 33,000.

In the aftermath of the disaster, the Ethereum community has come together to offer support and aid in the relief efforts.

Leading the charge is Ethereum co-founder Vitalik Buterin, who has made at least two substantial contributions to help the victims.

His latest donation was on February 12, where he sent 50 ETH, approximately $77,000, to Anka Relief, according to blockchain security firm PeckShield.

Anka Relief thanked Buterin for his generosity and noted that crypto donations have been pouring in since the first day of the disaster. The organization provided a list of crypto wallets for those who wish to make donations.

In addition to this latest donation, Buterin also sent 99 ETH, worth around $150,000, to Ahbap, a non-profit organization dedicated to relief efforts in Turkey. Ahbap has received $4.3 million in crypto donations so far, with stablecoins being the most popular form of contribution.

The crypto community has come together to offer support for the earthquake victims. According to the Financial Times, more than $10 million in crypto donations have been sent from companies globally, with Binance alone contributing $5 million. Binance also announced $100 in BNB airdrops to those in the hardest-hit areas.

The Web3 community, including Anka Relief and Ahbap, have been at the forefront of the efforts to raise crypto donations for NGOs and support in the wake of the earthquake.

Vitalik Buterin’s contributions serve as an inspiration for the community to come together and offer support in times of need.

Tags

I'm a crypto, blockchain, and tech writer. I spend my time researching and writing about cryptocurrency, NFT, AI, and new technology.