assistance – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Tue, 01 Apr 2025 17:45:45 +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 assistance – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Binance co-founder and Binance Charity to jointly deploy more than $1.5 million in assistance to Myanmar and Thailand in the aftermath of the earthquake https://earlybirdsinvest.com/binance-co-founder-and-binance-charity-to-jointly-deploy-more-than-1-5-million-in-assistance-to-myanmar-and-thailand-in-the-aftermath-of-the-earthquake/ https://earlybirdsinvest.com/binance-co-founder-and-binance-charity-to-jointly-deploy-more-than-1-5-million-in-assistance-to-myanmar-and-thailand-in-the-aftermath-of-the-earthquake/#respond Tue, 01 Apr 2025 17:45:44 +0000 https://earlybirdsinvest.com/binance-co-founder-and-binance-charity-to-jointly-deploy-more-than-1-5-million-in-assistance-to-myanmar-and-thailand-in-the-aftermath-of-the-earthquake/ Binance co-founders Changpeng Zhao and Binance Charity leveraged cryptocurrencies to facilitate rapid relief deployments in Myanmar and Thailand following the 7.7 magnitude earthquake.

The earthquake occurred in Mandalay, Myanmar’s second largest city, causing destruction and infrastructure damage. The same was true in Thailand. People felt the trembling of Bangkok, leading to a considerable number of casualties. Authorities have sued international aid as thousands have been injured, with 1,700 deaths reported so far.

On March 28, 2025, Zhao announced a personal donation of 1000 .CWP-Coin-Chart SVG Pass {Stroke width: 0.65! Important; }




















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is worth $630,000 to help support relief efforts in both affected countries.

The donations are evenly distributed, with 500 bnbs allocated to Myanmar and another 500 bnbs in Thailand. Zhao will use donated funds to support infrastructure redevelopment, medical assistance and emergency services. He commissioned Binance and Binance Thail to oversee the distribution of funds.

Zhao’s actions encourage others in the Crypto community to contribute to the ongoing relief efforts. For example, Anndy Lian, an intergovernmental blockchain advisor, has donated 44 BNB to organizations supporting Myanmar’s relief efforts.

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Binance Charity launches Airdrop initiative

Complementing Zhao’s personal donations, Binance Charity has launched an Airdrop initiative to donate up to $1.5 million in BNB to affected people in Myanmar and Thailand. Through this initiative, Binance Charity hopes to provide financial support to those affected through Conking Your Consumer (KYC) and the Proof of Address (POA) protocol.

Eligible users can expect BNB tokens to appear in the Rewards Hub by April 14, 2025. The amounts received by each individual are based on the status and location of the verification.

According to the breakdown of the distribution provided by Binance, all KYC-enhanced non-dormant binance users in Myanmar receive $5 in BNB, while users with both KYC and POA validation in affected regions receive $50 in BNB.

Regarding Thailand, users who are verified with registered living addresses may receive $5 in BNB, but users will be verified at their hard hit zone address. By leveraging blockchain technology, this structured approach to decentralizing aid ensures that those who are most needy are released in a timely and secure way.

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The role of cryptocurrency in relief assistance

Cryptocurrencies are increasingly emerging as an essential tool for humanitarian assistance. Bank restrictions could delay traditional aid, but crypto donations are quick, transparent and bounded. This efficiency is essential for disaster scenarios where rapid and efficient deployment of aid can have a significant impact on recovery efforts.

Crypto has already introduced its potential during the Syrian Turkey (2023) and the Maui Wildfire (2023), and played a key role in quickly increasing funding and solidifying its position as a viable solution in emergencies.

To save children, Giving Block is a number of notable organizations that advocated blockchain donations to quickly and efficiently distribute financial assistance in disaster zones.

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Key takeout

  • Zhao donated $60,000 to earthquake relief in Myanmar and Thailand on BNB

  • Binance Charity has launched a $1.5 million crypto airdrop for affected users.

  • Zhao’s donations are distributed evenly, allocating 500 bnbs to Myanmar and another 500 bnbs to Thailand.

Post-Vinance co-founder and Binance Charity, which will jointly deploy more than $1.5 million in aid to Myanmar and Thailand in the aftermath of the earthquake, first appeared in 99 Bitcoin.

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