{"id":202897,"date":"2023-11-29T17:03:02","date_gmt":"2023-11-29T11:33:02","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=202897"},"modified":"2023-11-29T17:03:02","modified_gmt":"2023-11-29T11:33:02","slug":"ethereum-donations-top-save-the-children-hodl-hope-campaign-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ethereum-donations-top-save-the-children-hodl-hope-campaign-crypto-news\/","title":{"rendered":"Ethereum donations top Save the Children HODL Hope Campaign – Crypto News"},"content":{"rendered":"

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An ongoing crypto donation campaign dedicated to improving the lives of children worldwide has received over $7.6 million to date, half of which was donated in Ether (ETH<\/a>).\u00a0<\/p>\n

Philanthropic foundation Save the Children\u2019s HODL Hope Campaign<\/a> remains nearly $2.4 million short of the $10 million it intends to collect by the end of 2023. ETH represented 50%, or $3.83 million, of the $7.6 million raised in crypto donations at the time of writing.<\/p>\n

Total crypto (in U.S. dollars) for Save the Children\u2019s HODL Hope Campaign. Source: hodlhope.org<\/em><\/figcaption><\/figure>\n

Bitcoin (BTC<\/a>) donations constituted 34% of the total cryptocurrencies, valued at a little over $2.6 million. USD Coin (USDC<\/a>), a U.S. dollar-backed stablecoin issued by Circle, was the third most preferred way for the crypto community to help out children in need. USDC represented 7%, or nearly $520,000, of donations. <\/p>\n

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Top cryptocurrencies donated for Save the Children\u2019s HODL Hope Campaign. Source: hodlhope.org<\/em><\/figcaption><\/figure>\n

The U.S. dollar was used in 2% of donations, which was followed by major altcoins, including Bitcoin Cash (BCH<\/a>), Tezos (XTZ<\/a>), ThunderCore, Tether (USDT<\/a>), Litecoin (LTC<\/a>) and Solana (SOL<\/a>).<\/p>\n

The Own The Doge (DOG) and PleasrDAO communities currently dominate the donor leaderboard after contributing 291.16 ETH, or over $1 million, to the cause. However, donors can stay anonymous and not be featured on the leaderboard.<\/p>\n

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Top donors for\u00a0Save the Children\u2019s HODL Hope Campaign. Source:\u00a0hodlhope.org<\/em><\/figcaption><\/figure>\n

As shown above, anonymous donors accounted for $3.9 million of the total campaign donations.<\/p>\n

Related: <\/em><\/strong>Crypto charities can exploit \u2018gambler\u2019s fallacy\u2019 to reap larger donations \u2014 Study<\/em><\/strong><\/a><\/p>\n

The ease of cross-border movement of funds allows greater participation in donation events for global causes. Recently, humanitarian aid and community services charity, the\u00a0Singapore Red Cross, started accepting crypto donations<\/a>. <\/p>\n

In partnership with Triple-A, the Singapore Red Cross started accepting BTC, ETH, USDT and USDC. \u201cBy accepting digital currencies, we open our doors to a new segment of donors who are tech-savvy and wish to make a difference through their digital assets,\u201d said Benjamin William, secretary general and CEO of the Singapore Red Cross.<\/p>\n

Magazine: <\/em><\/strong>Real AI use cases in crypto, No. 2: AIs can run DAOs<\/em><\/strong><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

An ongoing crypto donation campaign dedicated to improving the lives of children worldwide has received over $7.6 million to date, half of which was donated in Ether (ETH).\u00a0 Philanthropic foundation Save the Children\u2019s HODL Hope Campaign remains nearly $2.4 million short of the $10 million it intends to collect by the end of 2023. ETH […]<\/p>\n","protected":false},"author":2,"featured_media":202898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-202897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/202897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=202897"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/202897\/revisions"}],"predecessor-version":[{"id":202900,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/202897\/revisions\/202900"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/202898"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=202897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=202897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=202897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}