{"id":126040,"date":"2025-03-28T23:16:09","date_gmt":"2025-03-28T23:16:09","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=126040"},"modified":"2025-03-28T23:16:09","modified_gmt":"2025-03-28T23:16:09","slug":"zhao-pledges-bnb-for-thailand-myanmar-disaster-relief","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=126040","title":{"rendered":"Zhao pledges BNB for Thailand, Myanmar disaster relief"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsBinance co-founder Changpeng \u201cCZ\u201d Zhao is donating 500 BNB (BNB) each to Thailand and Myanmar following a 7.7 magnitude earthquake that caused severe damage to buildings and widespread flooding.<br \/>\nZhao 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.<br \/>\n\u201cI hope everyone is safe in Thailand,\u201d the Binance founder wrote in a March 28 X post before announcing the contributions to both countries affected by the earthquake.<br \/>\nAccording to The Guardian, 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.<br \/>\nSource: CZRelated: Thailand regulator approves USDT, USDC stablecoins<br \/>\nDisaster strikes Myanmar and Thailand<br \/>\nThe 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.<br \/>\nThe death toll in both countries is expected to rise as relief efforts continue, with 732 individuals reportedly injured as a result of the earthquake.<br \/>\nMyanmar\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.<br \/>\nCrypto donations amplify aid during times of crisis<br \/>\nThe cross-border efficiencies, low transaction costs, and near-instant settlement times of cryptocurrencies make digital assets an ideal medium for disaster relief funds.<br \/>\nFollowing a 7.8 magnitude earthquake that impacted Turkey and Syria in February 2023, philanthropist Haluk Levent began collecting crypto disaster relief donations.<br \/>\nThe Giving Block, a company that works with nonprofit organizations to facilitate crypto donations, also used crypto to raise funds for the victims of the Maui wildfires in 2023 and managed to give over $1 million to the relief effort.<br \/>\nMore recently, in January, The Giving Block started an emergency relief fundraiser for those impacted by the California wildfires in Los Angeles and the surrounding areas.<br \/>\nAt the time of this writing, the organization has raised over $1 million for the California wildfire relief fund.<br \/>\nMagazine: Crypto is changing how humanitarian agencies deliver aid and services<a href=\"https:\/\/cointelegraph.com\/news\/cz-will-donate-bnb-thailand-myanmar-relief?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsBinance co-founder Changpeng \u201cCZ\u201d Zhao is donating 500 BNB (BNB) each to Thailand and Myanmar following a 7.7 magnitude earthquake that caused severe damage to buildings and widespread&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126040"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126040"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126040\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126040"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}