aid – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Thu, 14 Aug 2025 04:27:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 aid – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Trump’s court victory on foreign aid impoundment, briefly explained https://earlybirdsinvest.com/trumps-court-victory-on-foreign-aid-impoundment-briefly-explained/ https://earlybirdsinvest.com/trumps-court-victory-on-foreign-aid-impoundment-briefly-explained/#respond Thu, 14 Aug 2025 04:27:21 +0000 https://earlybirdsinvest.com/trumps-court-victory-on-foreign-aid-impoundment-briefly-explained/

This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here.

Welcome to The Logoff: The Trump administration’s decision to cancel billions in foreign aid can stand, a federal appeals court said today, in a major blow to global humanitarian aid.

What did the court actually decide? A three-judge panel on the DC Circuit Court of Appeals ruled 2-1 that the plaintiffs in the case weren’t eligible to bring the suit in the first place.

The majority found that only the Government Accountability Office can challenge the administration’s decision to withhold congressionally appropriated funds under a specific process laid out in the Impoundment Control Act of 1974.

What’s the context for this decision? Donald Trump and Elon Musk made US foreign aid programs one of their first targets upon taking power in January. Musk boasted about feeding the US Agency for International Development “into the wood chipper,” and Trump withheld billions in spending already authorized by Congress.

A number of humanitarian nonprofits sued to restore the withheld funds, alleging it was an unconstitutional violation of the separation of powers — but today’s ruling punts on that question altogether, instead focusing on procedure.

What will the impact of this freeze be? To put it simply, US foreign aid saves lives, and cutting it will cost them. Among the money the Trump administration will now be allowed to withhold is billions of dollars in funding for HIV/AIDS prevention and other global health programs.

What else should I know? Separate from the human impact, this is a significant decision for the Trump administration’s efforts to impound congressionally appropriated funds, for foreign aid and other purposes. Unless or until the GAO sues over impoundment, the administration can keep at it and keep chipping away at the separation of powers in the process.

And with that, it’s time to log off…

You know what The Logoff hasn’t featured in a while? That’s right — an animal livestream. Today I’m spotlighting one of my favorites from Brooks Falls in Katmai National Park, Alaska.

The park’s grizzly bear population is currently hard at work catching salmon to fatten up for the winter, and you can watch them do it here (they’re doing a great job). I hope it’s a lighter moment for your evening, and we’ll see you back here tomorrow.

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Why are countries like Spain and South Korea increasing their foreign aid budgets? https://earlybirdsinvest.com/why-are-countries-like-spain-and-south-korea-increasing-their-foreign-aid-budgets/ https://earlybirdsinvest.com/why-are-countries-like-spain-and-south-korea-increasing-their-foreign-aid-budgets/#respond Sun, 03 Aug 2025 11:12:14 +0000 https://earlybirdsinvest.com/why-are-countries-like-spain-and-south-korea-increasing-their-foreign-aid-budgets/

If the world has had enough of helping others, then somebody forgot to tell Spain.

Yes, Spain. The same country that, a little more than a decade ago, desperately accepted billions in bailout money from its European neighbors to keep its economy afloat. That Spain is now doing something almost unthinkable. It’s ramping up aid spending just as the United States notoriously retreats. And in the process, Spain is trying to remind the world why we give back in the first place.

The US Agency for International Development (USAID) — the world’s largest humanitarian aid donor by far, whose work in recent years saved upward of a million lives per year — was officially dismantled earlier this month. Its scattered remains were subsumed by the State Department and its empty headquarters given to the FBI. But America isn’t the only one putting itself first these days. The UK, France, Belgium, and Germany all slashed their development budgets this year thanks to a wave of right-wing populism painting foreign aid as an unnecessary expense against the national interest.

The crisis is steep. The pot of money going to global development is set to shrink by 17 percent, or $35 billion, in 2025, on top of a $21 billion drop the year before, according to the Organization for Economic Cooperation and Development. That’s a $56 billion funding vacuum where global aid for mosquito nets, vaccine research, and food assistance used to be. And the declines are likely to become even steeper in the years ahead, as cuts in the US take full effect.

But while President Donald Trump was gutting USAID, Spain made moves to rebuild its aid agency and committed to more than doubling its aid budget by 2030. Nor is it alone: Ireland, South Korea, and Italy also all made recent pledges to boost their foreign aid budgets.

It’s far from enough to fill the foreign aid gap, however. And while the pain will fall primarily on impoverished recipient countries, foreign aid doesn’t just help the countries that receive it. It helps everyone.

Diseases and conflict don’t recognize legal borders and aid helps keep these deadly problems at bay. Every $100 million spent on preventing tuberculosis, HIV, and malaria helps prevent about 2.2 million new infections total. And global cuts are already expected to exacerbate the spread of diseases; former USAID officials anticipate cuts from the US alone could cause 28,000 new cases of infectious diseases like Ebola and Marburg each year. “Even if you’re in this isolationist mindset, you can’t actually isolate yourself from the rest of the world,” said Rachael Calleja, a research fellow at the Center for Global Development.

The fact that some countries have managed to fight the impulse to isolate — convincing their citizens that problems abroad are interconnected with our problems at home — could help reshape the future of aid for the better. Their decisions point to the possibility of a new future for foreign aid that could be more collaborative and less paternalistic than before.

Aid has long been dominated by a small club of wealthy nations — chief among them the United States, Germany, and the United Kingdom — that give the most, and in doing so, set the tone for how to help the rest of the world. Too often these well-intentioned solutions perpetuated the same exploitative power dynamics that made poor countries poor and one-time colonial powers like Spain and Italy rich in the first place. Western aid often comes with strings attached, like forcing Mali to privatize its cotton industry or requiring that funds be spent on consultants and supplies from the donor country — even though such policies have been shown to make aid less effective and much more expensive.

Ready or not, the old club’s grip on global influence is now breaking down.

”Nobody who works in development sat around saying, ‘The system is great. We’re awesome. Let’s just spend more money to do more of the same,’” said Dean Karlan, who was, until recently, the chief economist at USAID. “There is a blank slate. Let’s put in place a better system.”

Why are some countries bucking the trend?

Spain, Ireland, Italy, and South Korea are all increasing aid — but most have a lot of room for growth.

The United Nations set a lofty goal in the 1970s for wealthy countries to give away 0.7 percent of their gross national income (GNI) as development assistance. Half a century later, almost none do.

That includes this year’s overachievers. Ireland spent 0.57 percent of its GNI — $2.47 billion — on development aid last year. Spain spent 0.25 percent or $4.35 billion, and Italy, 0.28 percent or $6.67 billion. South Korea spent 0.21 percent or $3.94 billion.

It’s not a lot, especially compared to the $63.3 billion the US spent in 2024, although that only added up to 0.22 percent of its GNI. But these countries are moving forward at a time when everyone else seems to be moving backward. According to the global development consultancy SEEK Development’s donor tracker, the US is now projected to spend just 0.13 percent of its GNI on overseas aid this year.

There is a growing recognition that someone has to fill the gaps left by the US, but everybody balks at the price tag, Arturo Angulo Urarte, a Madrid-based development expert, said in Spanish. “It’s like, ‘Yes, but gosh, and how much does that mean? Oh, it means money? Well, then no.’”

Spain’s aid increase, however, has been a long time coming. Spanish activists launched a kind of Occupy Wall Street in favor of overseas aid back in the 1990s. A group of global development workers and grassroots activists staged hunger strikes and protest encampments, chaining themselves to government buildings to demand that Spain give at least 0.7 percent of its GNI to aid. At the time, Spain was giving around 0.24 percent of its GNI to aid, but the protests helped propel the country to double its commitment to a high of nearly 0.5 percent in 2008.

Then the 2008 economic turmoil left Spain once again with a wisp of an foreign aid budget. By the time its economy crawled closer to pre-crisis levels in 2015, its development spending had cratered to 0.12 percent of GNI.

But the idea of Spain becoming a bigger player in global development never really left the public consciousness, remaining broadly popular even during the country’s worst financial straits. In 2023 the country passed a law promising to rebuild its aid agency and bump up spending to 0.7 percent of GNI by 2030 — effectively tripling its current rate.

Spain has since increased its aid budget to about 0.25 percent of its GNI, or $4.4 billion last year — roughly $490 million more than it spent the year prior at 0.24 percent of its GNI — and says it will continue to give more in the year ahead. That’s more money for climate resilience projects in Morocco and Algeria, LGBTQ rights in Paraguay, and HPV vaccine campaigns across Latin America and the Caribbean.

A mother living with HIV since 2017 visits Kuoyo Sub-county Hospital with her child to collect their medications, on April 24, 2025 in Kisumu, Kenya.

A mother living with HIV since 2017 visits Kuoyo Sub-county Hospital with her child to collect their medications, on April 24, 2025 in Kisumu, Kenya.
Michel Lunanga/Getty Images

The dismantling of USAID has destroyed longstanding and hard-won infrastructure for implementing aid programs, especially in critical areas like HIV prevention. There’s little that anyone can do to bring that infrastructure back, but countries like Spain, Ireland, or South Korea have been able to uplift and increase funding to the initiatives most affected by the cuts, like Gavi, the international vaccine alliance, and the Global Fund to Fight AIDS, Tuberculosis and Malaria.

Ireland also aims to increase its aid spending to 0.7 percent of GNI by 2030. It inched closer to that goal this year by boosting its development budget by about $40 million to $925 million. “We wouldn’t expect Ireland to be able to fill the USAID gap in any shape or form,” Jane-Ann McKenna, who heads Dóchas, an umbrella group for Irish development organizations, said. “But that’s where our positioning and our voice becomes more important.”

That said, foreign aid has always been about more than just charity. It’s a geopolitical tool that countries have used for decades to win friends and influence people.

It’s no coincidence that, according to a 2006 study, US aid increased about 59 percent to nations when they temporarily joined the UN Security Council. The birth of PEPFAR — the HIV/AIDS program that saves around a million lives per year, which makes it perhaps America’s most effective ever form of foreign aid — helped boost public opinion of the US across sub-Saharan Africa. Much of Italy’s recent aid budget has gone to its $6 billion Mattei Plan in Africa, which aims to collaboratively influence the continent’s energy development and migration flows, but which some critics contend recreates old colonial patterns by relying too heavily on European priorities — not local expertise — to decide where the money ought to go and how its vision should take shape.

But if you take countries like Ireland and Spain at their word, their approach to foreign aid is not just about soft power anymore. These countries also have something in common that can differentiate them from other larger donors: recent histories of underdevelopment. Some of the newcomers might have been aid recipients rather than donors just a few decades ago.

South Korea received billions in foreign aid in the decades after the Korean War, which helped it grow to the point where it became the first former recipient to join OECD’s forum for major aid providers in 2010. Spain’s wealthier neighbors offered the country major financial support when it began integrating with Europe in the 1980s in the aftermath of the Franco dictatorship.

That dynamic can make it easier, Calleja says, to empathize with others who need aid today. (Though let’s not forget that Spain once colonized much of Latin America and the Caribbean — places that now receive the bulk of Spanish foreign aid — and therefore laid the groundwork for many patterns of exploitation and inequality there that its aid now seeks to resolve.)

Ireland was never a colonizer, but was once colonized itself by Britain. That legacy, McKenna said, means that many Irish people are passionate about human rights abroad and highly supportive of overseas aid.

“We have the history of the famine and we’ve had conflict on the island and we’ve had to engage in a whole peace process ourselves,” McKenna explained. “That’s there in the background of all of our psyches.”

As these smaller players like to say, it’s about “solidarity.” Spain’s own development agency’s four-year plan mentions the word solidarity 84 times. It explicitly calls for a move away from the old model, where wealthy nations dictated terms to grateful recipients, and toward a more equitable and collaborative model built on shared priorities and mutual respect.

Of course, not everybody is buying it.

Henry Morales is an economist and director of the Movimiento Tzuk Kim-Pop, a Guatemalan human rights group. He let out a little laugh when I asked him about Spain’s solidarity plan. After all, he’s seen foreign funders renege on their promises before.

He’s seen European powers pledge numerous times to do more to promote climate resilience in low-income countries before watching them give up when the politics become too difficult. Spain’s plan for development stresses that it aims to approach its funding priorities — like combating climate change and promoting gender equality — from a place of consistency and genuine partnership, the kind that can’t be abandoned on a whim when a new government takes power.

Whether Spain’s plan represents a form of global reparations or just colonialism with better PR remains to be seen, he said, but regardless, the old top-down model is clearly cracking.

Countries who receive aid now want “a voice and a vote, so that the decisions are no longer made by a private club of the big donors, the big traditional financiers,” he said. “But by debates and global agreements that are much more transparent and much more democratic.”

Fifty countries in the Global South now have their own agencies to exchange ideas, technical advice, and reciprocal funds for solving poverty, fighting climate change, and improving education.

Ensuring that recipients have a big say in how aid gets around is not only good for building a better, more democratic system — it can also make it much more efficient. According to Vox’s previous reporting in 2022, aid programs tend to work better when people from the countries they’re targeting play a big role in directing how and where the money’s used. Morales thinks that kind of collaboration is the real future of aid, which he prefers to see not as charity but as “simply the fair distribution of wealth.”

He’s not the only one who thinks so. The director-general of the World Trade Organization, Ngozi Okonjo-Iweala, called foreign aid “a thing of the past” at a meeting with African leaders in February.

For his part, Karlan, the former USAID economist, doesn’t think USAID will ever come back as the acronym or institution it once was, and although that’s mostly a very bad thing, he sees a flicker of opportunity.

Still, he isn’t sure if he believes that a real change to the aid paradigm is afoot. “Solidarity strikes me as a little bit of a softer way of saying soft power,” he mused, even if countries like Spain or Ireland aren’t necessarily “looking for flyover rights for the military.”

What he is sure of is that the US is moving in a very different direction. If Spain’s soft power is softening, then the United States’ is calcifying into something more toxic, more transactional, and — as Karlan likes to add — less efficient than before.

“Imagine a marriage in which you never did something considerate for your partner just because you cared about them,” he said. Instead, everything is a negotiation. “That isn’t a healthy relationship. What we’re risking is losing these long-term relationships, those long-term friendships.”

By the time the US is ready to reopen the door on them, it may find a world that has already moved on.

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Cybercriminals are using AI to enroll ghost students and steal financial aid https://earlybirdsinvest.com/cybercriminals-are-using-ai-to-enroll-ghost-students-and-steal-financial-aid/ https://earlybirdsinvest.com/cybercriminals-are-using-ai-to-enroll-ghost-students-and-steal-financial-aid/#respond Tue, 10 Jun 2025 14:47:37 +0000 https://earlybirdsinvest.com/cybercriminals-are-using-ai-to-enroll-ghost-students-and-steal-financial-aid/

Facepalm: As artificial intelligence becomes more sophisticated, a new breed of scam is quietly siphoning millions from the US higher education system. Cybercriminals are using AI-driven bots to impersonate students, enroll in online college courses, and divert financial aid, leaving real individuals with stolen identities and fraudulent debt.

One San Francisco resident, Heather Brady, learned the hard way how sophisticated education scams have become. A police officer showed up at her home with an unexpected question about her alleged college enrollment in Arizona. Brady had never applied ,but someone else had used her personal information to secure government aid.

Later, she discovered a student loan for more than $9,000 had been issued in her name for classes she never attended. “I just can’t imagine how many people this is happening to that have no idea,” Brady told The Associated Press.

The problem is escalating rapidly as online classes grow more widespread and AI tools make it easier for scammers to automate the entire process. These so-called “ghost students” can complete applications, enroll in classes, participate in coursework, and even submit assignments without a human ever being involved. In some cases, instructors have found that almost none of their students are genuine, with legitimate learners locked out of required classes because bots filled all the available slots.

The financial toll is substantial. In 2024, California’s community colleges reported 1.2 million suspicious applications, leading to over 220,000 likely fraudulent enrollments, according to data obtained by the Associated Press. The system lost at least $11.1 million in unrecoverable financial aid last year alone. Community colleges are particularly vulnerable, as their lower tuition means a greater portion of grant and loan funds goes directly to students for living expenses.

Wayne Chaw, who once took classes at De Anza Community College, was notified about a course he never signed up for. Thieves had used his Social Security number to claim nearly $1,400 in aid, and someone – likely an AI bot – was submitting homework under his name. “This person is typing as me, saying my first and last name. … It’s very freaky when I saw that,” Chaw said.

For victims, unraveling the damage is a long and frustrating ordeal. Brittnee Nelson, a small business owner in Louisiana, discovered that loans had been taken out in her name for schools she never attended. Despite diligently monitoring her credit and safeguarding her identity, she spent two years working to remove the fraudulent debt. “It’s like if someone came into your house and robbed you,” Nelson said.

Colleges say they often lack the power to prevent these scams. Delgado Community College in New Orleans, for example, emphasized that the ultimate authority for loan approval lies with federal agencies. “This is an unfortunate and serious matter, but it is not the direct or indirect result of Delgado’s internal processes,” said spokesperson Barbara Waiters.

In response to the surge in fraud, the US Department of Education recently enacted a temporary measure requiring first-time federal aid applicants to verify their identity with a government-issued ID. The department acknowledged the severity of the threat, stating, “The rate of fraud through stolen identities has reached a level that imperils the federal student aid program.” More robust screening is expected to follow.

While the government scrambles to tighten security, its capacity to investigate and resolve fraud is shrinking. Recent layoffs and staff attrition at key federal offices have left fewer personnel available to assist victims and pursue scammers. Brady, still facing the prospect of a $9,000 debt she never incurred, fears that help may never come. “The agency is going to be so broken down and disintegrated that I won’t be able to do anything, and I’m just going to be stuck” she said.

Recent prosecutions illustrate the scale of the problem. They include a Texas man accused of orchestrating a $1.5 million aid fraud, another individual in Texas admitting to using inmates’ names to claim more than $650,000, and a New York resident pleading guilty to a decade-long, $450,000 scam.

As AI-powered schemes continue to evolve, students and taxpayers remain at risk. Nelson believes stronger identity checks are essential. “If they can make these hurdles a little bit harder and have these verifications more provable, I think that’s really, really, really going to protect people in the long run,” she said.

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Human Rights Foundation launches Bitcoin Alliance to aid global civil liberties https://earlybirdsinvest.com/human-rights-foundation-launches-bitcoin-alliance-to-aid-global-civil-liberties/ https://earlybirdsinvest.com/human-rights-foundation-launches-bitcoin-alliance-to-aid-global-civil-liberties/#respond Fri, 11 Apr 2025 00:45:18 +0000 https://earlybirdsinvest.com/human-rights-foundation-launches-bitcoin-alliance-to-aid-global-civil-liberties/

The Human Rights Foundation (HRF) launched the Bitcoin Humanitarian Alliance on April 10, forming a coalition of activists, humanitarian organizations, and pro-democracy movements leveraging Bitcoin (BTC) to support civil liberties and deliver aid in financially repressive environments.

The initiative brings together frontline groups operating in jurisdictions where financial systems are routinely weaponized to block dissent, surveil critics, freeze donations, and obstruct humanitarian operations.

The Alliance aims to provide a shared platform for these organizations to exchange knowledge on using Bitcoin as a censorship-resistant financial tool. 

It also seeks to deepen collaboration between the humanitarian sector and Bitcoin developers to build tools that address privacy, access, and survivability under authoritarian regimes.

Tool for aid and resistance

The HRF said that many authoritarian governments exploit traditional banking infrastructure to restrict financial access for opposition movements and aid networks. 

Regions such as Nigeria, Venezuela, Russia, and China have seen activists excluded from the financial system through blocked accounts, suspended transfers, and targeted surveillance. The HRF said that Bitcoin is an alternative mechanism for transferring value, preserving privacy, and securing operational continuity in these environments.

The Bitcoin Humanitarian Alliance seeks to formalize and expand the use of Bitcoin in this context by building a global network of practitioners. The Alliance’s 13 founding members are activists from around the world, from Latin America to Asia.

Additionally, Alliance members are already using Bitcoin to raise uncensorable donations, pay local staff securely, and move cross-border aid without reliance on centralized intermediaries. Others turn to Bitcoin to store value in hyperinflationary economies or jurisdictions with strict capital controls.

In the coming years, the Alliance plans to organize workshops, host conferences, and develop educational materials for nonprofit organizations interested in incorporating Bitcoin into their operations. 

It also intends to document Bitcoin’s role in providing financial resilience for dissidents and aid recipients, making its findings available to the media and policy organizations.

HRF’s ongoing BTC engagement

The HRF emphasized the need for a clear distinction between Bitcoin and broader “crypto” ecosystems, noting that BTC’s decentralized architecture and fixed monetary policy offer structural advantages for activists seeking financial neutrality. 

The Foundation cautioned that other digital assets, which may rely on centralized entities or have fluctuating governance models, can reintroduce the risks dissidents aim to avoid.

The Bitcoin Humanitarian Alliance extends HRF’s involvement in Bitcoin, which scaled in 2020 with the creation of the Bitcoin Development Fund. 

Since its inception, the fund has issued over $5.5 million across 174 grants to support open-source Bitcoin projects, including privacy tools, custody solutions, and educational resources. 

HRF has used the fund to support initiatives such as wallet development, Lightning infrastructure, and training programs for civil society groups operating under hostile regimes.

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Study Aid or Shortcut? College Students Get 2 Months of ChatGPT Plus, No Cost https://earlybirdsinvest.com/study-aid-or-shortcut-college-students-get-2-months-of-chatgpt-plus-no-cost/ https://earlybirdsinvest.com/study-aid-or-shortcut-college-students-get-2-months-of-chatgpt-plus-no-cost/#respond Sun, 06 Apr 2025 02:15:52 +0000 https://earlybirdsinvest.com/study-aid-or-shortcut-college-students-get-2-months-of-chatgpt-plus-no-cost/

College students in the United States and Canada can use ChatGPT Plus at no cost for a limited time.

OpenAI announced that the paid version of its artificial intelligence (AI) tool will be free to eligible students between March 31 and May 31, 2025. Once a student claims access, they will be able to use it for two months.

This offer is only available to students enrolled in recognized degree programs. OpenAI is promoting the service to support students during exam season. The tool can help with tasks like gathering information, summarizing sources, coming up with ideas, and editing written work.

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Sam Altman, CEO of OpenAI, confirmed the announcement in an April 3 post on X. He stated, “ChatGPT plus is free for college students in the US and Canada through May!”

Although some students may find this useful, researchers worry that tools like ChatGPT are being used to complete schoolwork without much thought.

A study from Microsoft suggested that while AI tools can help people finish tasks more quickly, they might also reduce how much users think through problems. The research warned that relying on these tools too often could make it harder for students to work through challenges on their own.

On March 27, OpenAI temporarily set rate limits on the image generation tool in ChatGPT-4o. What happened? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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Crypto Aid Rises: Changpeng Zhao Donates 1,000 BNB to Earthquake Victims https://earlybirdsinvest.com/crypto-aid-rises-changpeng-zhao-donates-1000-bnb-to-earthquake-victims/ https://earlybirdsinvest.com/crypto-aid-rises-changpeng-zhao-donates-1000-bnb-to-earthquake-victims/#respond Fri, 04 Apr 2025 00:59:36 +0000 https://earlybirdsinvest.com/crypto-aid-rises-changpeng-zhao-donates-1000-bnb-to-earthquake-victims/

Changpeng “CZ” Zhao, the co-founder of Binance



$10.57B

, donated nearly $600,000 worth of crypto to support recovery efforts after a powerful earthquake struck Myanmar and Thailand.

On April 3, Zhao transferred 1,000 BNB
BNB


$591.00

tokens to aid those affected. He had previously promised 500 BNB but later increased the amount. His donation was confirmed in an April 3 post on X.

The earthquake, which hit on March 28, measured 7.7 in magnitude and caused serious damage in both countries. Many buildings collapsed, roads were blocked, and floods followed. According to Reuters, there were over 2,700 casualties in Myanmar and 18 in Thailand.

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As traditional systems struggled due to damaged infrastructure, crypto has become a helpful way to send money quickly. With bank access limited in some areas, digital assets allowed for fast support where it was needed.

Crypto-based donations have been rising steadily. In 2024, more than $1 billion in crypto was donated to various causes. Around 16% supported education, while 14% went to health-related efforts.

Following the earthquake, The Giving Block launched a new campaign to raise $500,000 in crypto for relief in Myanmar and Thailand. The group expects that crypto donations could reach $2.5 billion in 2025, as more people use digital assets and policies become more supportive.

Meanwhile, Zhao recently urged Elon Musk to take action against automated accounts on X. Why? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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Foreign Aid Overhaul: Blockchain and a New Name for USAID https://earlybirdsinvest.com/foreign-aid-overhaul-blockchain-and-a-new-name-for-usaid/ https://earlybirdsinvest.com/foreign-aid-overhaul-blockchain-and-a-new-name-for-usaid/#respond Fri, 21 Mar 2025 16:04:48 +0000 https://earlybirdsinvest.com/foreign-aid-overhaul-blockchain-and-a-new-name-for-usaid/

Officials from the Trump administration have proposed a plan to change how the United States handles foreign aid.

A key part of the proposal includes using blockchain technology to monitor how aid is distributed. The goal is to make the process easier to track and more reliable.

According to a draft of the proposal reviewed by Politico, the plan suggests changing the name of the US Agency for International Development (USAID) to the US Agency for International Humanitarian Assistance. It would also move the agency under the direct control of the Secretary of State.

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One section of the plan talks about using blockchain to follow the path of aid funds. It says this would improve “security, transparency, and traceability”. The idea is to make it easier to see where the money goes and whether it reaches the right people.

The proposal also suggests changing how aid programs are judged. Instead of focusing on how many activities were completed, the new approach would measure real results. The goal is to support programs that show clear benefits rather than simply meeting quotas.

Additionally, the reforms would narrow USAID’s mission. It would focus more on a few key areas, such as health, food, and emergency response.

Meanwhile, the Trump administration officials recently met with senior figures from the United Arab Emirates (UAE). What did they discuss? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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How Bitcoin donations can transform global aid and reduce your tax bill https://earlybirdsinvest.com/how-bitcoin-donations-can-transform-global-aid-and-reduce-your-tax-bill/ https://earlybirdsinvest.com/how-bitcoin-donations-can-transform-global-aid-and-reduce-your-tax-bill/#respond Sun, 02 Mar 2025 16:51:04 +0000 https://earlybirdsinvest.com/how-bitcoin-donations-can-transform-global-aid-and-reduce-your-tax-bill/

If you want to reduce the capital gains tax on your crypto this tax season, you can donate to Save the Children. Crypto donations help this 100-year-old charity provide vital care and services to impoverished and displaced children and their families, and crypto donors also receive favorable tax advantages in several jurisdictions, including the US.

“Save the Children is the largest independent child rights organization in the world,” explains Antonia Roupell, Partnership and Innovation Lead at Save the Children, “We work in over 100 countries.” Save the Children was also the first international NGO to accept a Bitcoin donation as far back as 2013 in response to a typhoon that struck the Philippines.

Fast forward 12 years, and crypto donations are par for the course. Most major US charities accept crypto, and according to a 2024 report by The Giving Block, more than $2 billion has been donated in the last five years. These organizations have realized the need to make donating as simple as possible. Save the Children accepts anonymous donations that can be made without going through cumbersome, antithetical KYC and AML checks. “It takes you less than 30 seconds to donate crypto,” Antonia says.

“There is also a massive tax incentive to donate if you are a US taxpayer because you reduce your capital gains.”

Save the Children doesn’t only accept Bitcoin but has moved with the times to make room for a burgeoning industry of DeFi tokens, meme coins, fan tokens, and more. “As long as your crypto is accepted by Gemini exchange, Save the Children will thank you for it,” Antonia confirms.

Save the Children’s crypto donations campaign HODLhope launched in 2021 and has raised more than $8 million today, predominantly in Bitcoin, Ether, and stables, with some DOGE, SHIB, and other alts in the mix.

“Save the Children also accepts stock and DAF donations. We are agnostic when it comes to what coin you want to donate because we directly convert all donations into a positive impact for children.”

Save the Children Beyond Crypto Donations

With crypto and other donations raised, Save the Children reaches millions of children each year with vital services such as providing safe zones in conflict areas and access to education, healthcare, mental health, and psychosocial support. However, the charity is not just present in crises and emergencies; its economic inclusion work spans the globe.

“From community banking to emergency financial support, a big part of Save the Children’s efforts is focused on empowering families through crash grants, providing parents with money to buy what their family urgently needs. They could be fleeing Ukraine or Sudan or simply in a remote area in Egypt without access to a bank account.

We understand that to reach more families in a more efficient and sustainable way, we need to innovate using the latest technologies. Bitcoin is proving to be a technology that cannot be ignored by humanitarian and human rights workers,” Antonia explains.

Empowering People to Become Self-Sufficient

“In the humanitarian context, it is not about Bitcoin, the asset, the hedge against inflation, or Bitcoin, the store of value. Rather we look at Bitcoin, the technology, Bitcoin, the medium of exchange, Bitcoin, the fully decentralized peer-to-peer value transfer. The people Save the Children supports don’t have bank accounts; they can’t afford to pay high transfer fees or wait for permission from third parties to access funds in an emergency.  In many respects, they understand the value of this technology better than anyone else because it solves major problems.”

Save the Children does not expect the people it serves to have a working knowledge of Bitcoin or keep their funds in Bitcoin. Being able to off-ramp into local cash as seamlessly as possible is essential. “Our role is to bring people what they need faster, more efficiently to enable them to become more financially independent.”

The charity is currently working with Bitcoin Layer 2s and announced a partnership with Fedi in 2024 to test on-chain cash assistance to community wallets using Bitcoin and Lightning. “We are very early, but we will be testing community custody,” she says. “It has huge potential In places where people live in small communities, and there is a high level of trust.” Why Bitcoin?

“One of the reasons is because you already have the liquidity in the market versus other cryptos. It’s open-source and the most secure blockchain. Fedi is interoperable with other applications, so if you want to use mobile money like M-Pesa in Kenya, you can.”

Antonia continues, “Education remains one of the biggest barriers to adoption. At Save the Children providing financial literacy is key, especially in the digital sphere when there are so many scams. Save the Children sees the huge potential for Bitcoin as a force for good and a force for financial inclusion.”

“We can’t solve today’s or tomorrow’s problems with yesterday’s solutions. Yesterday’s solution is an archaic financial system that is not built for financial inclusion and certainly not for people in crisis or emergencies.”

You can donate crypto to Save the Children. Your contribution helps provide essential resources, education, and hope to those who need it most faster and more efficiently. To contact Antonia’s team, email [email protected]

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