Crypto community raises money for earthquake victims

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Updated February 9, 2023 | Published February 9, 2023

2 mins read

Millions of dollars’ worth of crypto has been pledged to help those devastated by the earthquakes in Turkey and Syria.

The crypto community has rallied to donate millions of dollars’ worth of crypto to support the victims of the devastating earthquakes which hit Turkey and Syria.

More than 15,000 people have already been confirmed dead and tens of thousands injured, with more casualties expected as first responders continue to search the rubble.

Turkish rock singer Haluk Levent’s charity, Ahbap, raised around $2m in crypto donations on the Avalanche, BSC, and Ethereum blockchains.

Avalanche Foundation donated $1m in AVAX tokens to Ahbap, while Tron founder Justin Sun announced he would also be donating $1m in TRX from the Huobi Global exchange to local crypto exchange Paribu.

Turkish artist Refik Anadol has also launched a crowdfund with an ETH address with money raised being donated to the AFAD and Ahbap charities.

Binance announced users who live in the most affected areas will get an airdrop of BNB tokens worth $100.

Other crypto firms Bitfinex, Keet, Synonym and Tether pledged 5 million TRY for immediate humanitarian aid and recovery operations in Turkey and also pledged to help Turkey’s reconstruction efforts in the future.

NFT artist PAK has launched an NFT platform for the earthquake victim support with each NFT being worth 0.001 ETH and all funds being donated to Ahbap.

Cryptocurrencies being used to provide relief for humanitarian crises is becoming more common. Binance pledged a minimum of $10m to the Ukraine relief fund after the country was invaded by Russia.

Looking for your next crypto casino? Check out: Bitcasino, Gamb.co or FortuneJack.

Written by David Kent

David has more than a decade of sports betting and sports writing experience working with some of the biggest names in the industry. He focuses on articles covering these subjects including how crypto is transforming sportsbooks.
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