Bank Account Based Blockchain (BABB) and CryptoAM.io have launched a fundraising initiative on March 31 to help vulnerable and elderly people living in Canary Wharf, Poplar and the Isle of Dogs in London, United Kingdom. According to the announcement, BABB’s native cryptocurrency utility token, BAX, is the parent of the project, where transactions will be made quickly, regardless of whether they are low amounts, in addition to being an expedited and free way for the donor. Many vulnerable people reside in the Isle of Dogs CryptoAM’s Crypto Insider, James Bowater, realized that many older adults are outside the country’s health …

Ripple Labs announced a donation of $200,000 to two different non-profit organizations on March 25. These donations will aid in the fight to contain the spread of the coronavirus throughout the U.S. In a tweet published on Ripple’s official profile, the lab stated that $100,000 will go to the Tipping Point Emergency’s Response Fund and the Silicon Valley Community Foundation’s COVID Regional Response Fund, respectively. California’s non-profits favored by the Ripple Labs donation Tipping Point, which is a San Francisco-based non-profit organization, works to combat poverty in the California city thanks to a network of partners who support the cause. …

The Italian Red Cross is now seeking Bitcoin (BTC) donations to purchase emerging medical equipment after its first-crypto initiative surpassed its goal within three days. On March 12, Italy’s Red Cross launched a BTC fundraising campaign to purchase an advanced medical post for pre-triaging coronavirus cases. Red Cross crypto fundraiser surpasses target in three days Just three days later, the Red Cross announced that its goal of around $10,710 (€10,000) had been reached and that it had begun purchasing the materials needed to deploy the pre-triage facility. After reaching its first goal so quickly, the Red Cross has continued to …

In a recent Reddit ask-me-anything (AMA) Gregory Bowman, Folding@Home’s (F@H) director, revealed that the project currently has 400,000 computers actively contributing to research. “We had about 30K users before the pandemic started,” he stated, adding: “In the past two weeks, 400K volunteers have joined Folding@home.” The number of F@H donors has increased 1200% in four weeks Folding@Home is a platform that diverts donations of spare computational power toward medical and scientific research. On Feb. 27, F@H announced an initiative to harness a global computer network to contribute work towards pharmaceutical drugs to combat COVID-19. F@H also designates computing power for …

As the number of global coronavirus cases grows each day, online scammers are turning to cryptocurrencies like Bitcoin (BTC) to steal money under the cover of the global pandemic. According to cybersecurity firm Sophos, some online perpetrators are now impersonating the World Health Organization (WHO) in an attempt to steal cryptocurrency donations to fight the COVID-19 pandemic. Scammers look to profit from the recently launched COVID-19 Solidarity Response Fund Chester Wisniewski, a cybersecurity expert at Sophos, reported on WHO impersonators in a March 19 tweet, posting email screenshots from scammers. According to Wisniewski, the fraudsters are trying to mislead people …

The proliferation of cryptocurrency companies seeking to donate or raise funds for coronavirus relief efforts continues. Ethereum-based crowdfunding platform, Gitcoin, is advancing this trend by pledging at least $50,000 in development grants toward coronavirus-related initiatives. On March 14, Gitcoin tweeted that its fifth round of grants already has $50,000 committed toward “public health” initiatives. However, it is seeking to reach a minimum of $100,000, with the goal of distributing sufficient funds to multiple efforts. Gitcoin seeks $100,000 raise for public health projects The project has invited the public to refer relevant health projects to Gitcoin, noting that submissions will be …

A Czech farm has set up a 24-hour live stream where viewers can instantly convert their crypto change into sheep food. Upon payment, alfalfa pellets are dispensed directly into the flock’s feeding tray, allowing viewers to watch the delighted lambs gobble down their treats in real-time. Tanglesheep’s Shed streams 24 hours a day on YouTube and Twitch, however, feeding hours are strictly between 8:00 and 20:00 CET. The stream features three different angles of the sheep enclosure, in addition to headshots of the eight adopted sheep that star in the show. Crypto donations used to fund animal rescue The Tanglesheep’s …

Privacy-focused cryptocurrency Zcoin (XZC) has launched a new crowdfunding system similar to one by another major privacy coin, Monero (XMR). In a Dec. 26 blog post, Zcoin announced the launch of the Zcoin Crowdfunding System (ZCS), a new platform that is designed to serve as shift from direct funding from block rewards to a donation model. ZCS to help Zcoin to further decentralize the project and fund additional initiatives The new ZCS system will help further decentralize the project in line with the company’s vision of a privacy-focused cryptocurrency, Zcoin’s project steward Reuben Yap said in the announcement. The executive …

The Zcash Foundation, the firm behind privacy-centric cryptocurrency Zcash (ZEC), has donated $40,000 to a Canadian private messaging developer. The Open Privacy Research Society, a non-profit group working on Cwtch, a decentralized metadata-resistant messenger, has received 1,044 ZEC from Zcash, the organization announced on Dec. 3. As described by Open Privacy, Cwtch is a platform for building decentralized infrastructure based on metadata-resistant communication applications. Derived from a Welsh word meaning “a hug that creates a safe space,” Cwtch is an extension of the metadata-resistant protocol Ricochet to support “asynchronous multi-peer group communications via discardable, untrusted, anonymous infrastructure.” Open Privacy integrates …

An anonymous organization dubbed “Unknown Fund” is planning to give away $75 million in Bitcoin (BTC) to startups that are focused on anonymity and the protection of personal data. In a press release on Nov. 13, the organization — which consists of “ordinary, anonymous people from different countries” — said it will donate the money to startups which support the idea of anonymity and specifically operate in such fields as the protection of personal information, tools of anonymity, cryptocurrencies and blockchain. Fighting the misuse of people’s personal data The idea behind the donations is to fight the manipulation of people …

Entrepreneur and Bitcoin (BTC) entrepreneur Kim Dotcom has revealed his new company K.im is directly supporting WikiLeaks founder, Julian Assange. Dotcom offers Bitcoin to Assange In a tweet on Oct. 29, Dotcom said 10% of K.im’s transaction fees were going towards helping Assange’s ongoing legal battle. “http://K.im supports @Wikileaks and Julian Assange by committing 10% of our transaction fee income to Wikileaks and Julian’s legal team,” he wrote. Dotcom added: “This may provide sufficient Bitcoin for his defense and enable Wikileaks to increase its truth-telling capabilities. Stay strong!” Assange currently faces extradition to the United States on charges of allegedly …

Bitcoin (BTC) investor Alistair Milne was eventually forced to send Bitcoin instead of a $2,600 gold bar as part of his recent giveaway. Following a giveaway announcement on Sept. 19, Milne has revealed the winner as well as other giveaway details in a thread on Twitter on Oct. 22. Giveaway background As originally envisaged, Milne should have given away a $2,600 Denarium Bitcoin Decennium 2019 as part of the giveaway with the winner expected to be announced on Oct. 19. In the giveaway announcement launch, the entrepreneur specified that in order to be eligible, participants should follow Milne’s Twitter and …