{"id":19657,"date":"2025-03-28T22:46:36","date_gmt":"2025-03-28T22:46:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19657"},"modified":"2025-03-28T22:46:36","modified_gmt":"2025-03-28T22:46:36","slug":"zhao-pledges-bnb-for-thailand-myanmar-disaster-relief","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19657","title":{"rendered":"Zhao pledges BNB for Thailand, Myanmar disaster relief"},"content":{"rendered":"
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\"Zhao<\/p>\n

Binance co-founder Changpeng \u201cCZ\u201d Zhao is donating 500 BNB (BNB<\/a>) each to Thailand and Myanmar following a 7.7 magnitude earthquake that caused severe damage to buildings and widespread flooding.<\/p>\n

Zhao plans to distribute the funds through Binance and Binance Thailand if a third-party onchain donation platform cannot be found to distribute the disaster relief funds.<\/p>\n

\u201cI hope everyone is safe in Thailand,\u201d the Binance founder wrote in a March 28 X post<\/a> before announcing the contributions to both countries affected by the earthquake.<\/p>\n

According to The Guardian<\/a>, at least 144 people are confirmed to have died as a result of the catastrophic earthquake as first responders in both countries continue rescue efforts to free people trapped under rubble.<\/p>\n

\"Thailand,
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Source: <\/em>CZ<\/em><\/a><\/p>\n<\/figcaption><\/figure>\n

Related: <\/strong><\/em>Thailand regulator approves USDT, USDC stablecoins<\/strong><\/em><\/a><\/p>\n

Disaster strikes Myanmar and Thailand<\/h2>\n

The earthquake struck on March 28 at approximately 1:20 PM local time. The epicenter of the earthquake was approximately 10 miles from Mandalay \u2014 the second-largest city in Myanmar.<\/p>\n

The death toll in both countries is expected to rise as relief efforts continue, with 732 individuals reportedly injured as a result of the earthquake.<\/p>\n

Myanmar\u2019s junta chief Min Aung Hlaing has called upon any country willing to help with the disaster relief efforts to provide any aid it can.<\/p>\n

Crypto donations amplify aid during times of crisis <\/h2>\n

The cross-border efficiencies, low transaction costs, and near-instant settlement times of cryptocurrencies make digital assets an ideal medium for disaster relief funds.<\/p>\n

Following a 7.8 magnitude earthquake that impacted Turkey and Syria in February 2023, philanthropist Haluk Levent began collecting crypto disaster relief donations<\/a>.<\/p>\n

The Giving Block, a company that works with nonprofit organizations to facilitate crypto donations, also used crypto to raise funds for the victims<\/a> of the Maui wildfires in 2023 and managed to give over $1 million to the relief effort.<\/p>\n

More recently, in January, The Giving Block started an emergency relief fundraiser<\/a> for those impacted by the California wildfires in Los Angeles and the surrounding areas.<\/p>\n

At the time of this writing, the organization has raised over $1 million for the California wildfire relief fund.<\/p>\n

Magazine: <\/strong><\/em>Crypto is changing how humanitarian agencies deliver aid and services<\/strong><\/em><\/a><\/p>\n