UK Childrens Charity Receives 100,000 Crypto Donations

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UK charity Children’s Heart Unit Fund (CHUF) has reportedly received more than 100,000 cryptocurrency donations in the past 12 months. Donations equivalent to approximately $ 137,560.

CHUF is currently one of the few charities in the UK to accept donations in bitcoin (BTC) or other cryptocurrencies. They are currently using The Giving Block as their donation processing platform. One of only two charities in the UK to do so.

According to a statement from the charity, she recently received a one-time donation worth over 70,000. They also recorded other large donations from the MoonBoys Finance Community Decentralized Finance (DeFi) token and the MoonBoys Finance token. HOPE TOKEN Charity. Additionally, Dan Bainbridge, whom the charity named as long-term support, pledged a crypto donation worth more than $ 10,000.

The statement quotes Charlotte Campbell, head of fundraising for the charity:

His [sic] It’s been quite a journey since we started the process to see donations of 10,000, 20,000, even 70,000, a fundraiser that will always be incredibly exciting. We are more than grateful to the generous donors who have made it possible for CHUF to continue to bring a smile to Heart Heroes across the UK.

“The world of cryptocurrency is moving so fast, which can be confusing for some charities, but it’s also incredibly exciting. The crypto community has truly embraced us as one of their own, and we are incredibly grateful to be able to work with people so passionate about making a positive impact on the world.

The crypto space supports causes around the world

The past 12 months have also been rich in donations for other causes. Or, in some cases, only the last three. At the end of June, SafeEarth announced that it had donated more than $ 200,000 to various environmental causes this year. According to reports, these ranged from ocean cleaning projects to access to health care and education for children.

Meanwhile, several figures in the crypto space have donated crypto for COVID-19 aid in India amid its hard-hitting second wave. Ethereum (ETH) co-founder Vitalik Buterin, for his part, donated funds to ETH and Maker (MKR). His donation totaled approximately $ 650,000.

At around the same time, representatives for Solana announced that they would donate $ 25,000 to fight COVID-19. This was in response to the death of Shakti Goap, CEO of Solana’s frequent hackathon partner, Devfolio. Goap died of COVID-19 earlier in May.

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