RATE Group | Cryptocurrency and Blockchain Firms Take Up The Fight Against Coronavirus
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Cryptocurrency and Blockchain Firms Take Up The Fight Against Coronavirus

27 Jan Cryptocurrency and Blockchain Firms Take Up The Fight Against Coronavirus

Posted at 00:43h in Cryptocurrency News by

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The last week has seen numerous news outlets report on the growing worry of the coronavirus originating in Wuhan, China. As this virus threatens to go global, blockchain and cryptocurrency firms are now joining the fight to stop it.

Crypto and blockchain firms donate to stop coronavirus

For example, the cryptocurrency exchange Binance is pledging ten million Chinese yuan towards slowing the spread of the virus. This amounts to roughly $1.44 million, and could greatly help the containment effort – especially if it translates to action quickly.

On January 25th, the CEO of Binance, Changpeng Zhao, sent a tweet announcing the pledge. Although Zhao said that Binance had not done any previous official announcements, he also said the Binance team was hard at work. 

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This statement came in response to a Twitter user tagging Zhao to a local news article stating that authorities now accept crypto donations in fighting the coronavirus. It seems that Zhao sought to correct the Twitter users…

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