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2025-01-08 22:51:46

Organizations Accept Crypto Donations to Help Los Angeles Wildfire Relief Efforts

Tens of thousands of residents evacuated parts of Los Angeles after wildfires, fueled by intense winds, erupted on Tuesday, January 7, 2025. The fires have claimed two lives so far, with thousands more struggling to leave the affected areas as evacuation orders expand. Several organizations are now accepting cryptocurrency donations to support those affected by the LA wildfires. Relief efforts are gaining momentum as local and international donors step in to provide much-needed aid. The Giving Block Emergency Response Fundraiser Crypto donation platform The Giving Block launched an emergency response fundraiser on January 8 to support charitable organizations operating in the Greater Los Angeles Metro Area. The fundraiser will assist with humanitarian and disaster relief efforts. Devastating wildfires are sweeping through Southern California causing widespread destruction. Our LA Wildfires Emergency Fundraiser provides aid to those impacted. Donate crypto, stock, DAF or card to orgs assisting with food, shelter, and medical care. https://t.co/qEo5pA9KO4 — The Giving Block (@TheGivingBlock) January 8, 2025 Each of the nonprofits listed in The Giving Block’s fundraiser accepts crypto donations made in Bitcoin ( BTC ), Ethereum ( ETH ) and Circle’s USDC dollar-backed stablecoin. Many of the organizations also accept stocks, donor-advised funds (DAFs) and credit card donations. Nonprofit organizations that accept crypto donations include The Los Angeles Fire Department Foundation, The Los Angeles Regional Food Bank, First Responders Children’s Foundation and many others. Givepact Shares List of Organizations Supporting LA Wildfire Relief Givepact, another crypto donation platform, has also curated a list of foundations accepting cryptocurrency donations to aid wildfire relief efforts in Los Angeles. These organizations include The California Fire Foundation, The Wildland Firefighter Foundation, and The Los Angeles County Animal Care Foundation, among others. The #PalisadesWildfire alone has scorched nearly 3,000 acres, while the #EatonFire has consumed 1,000 acres, and the #HurstFire has burned through 500 acres. https://t.co/3VGIoaegmW — Givepact (@give_pact) January 8, 2025 By offering a range of donation options, both platforms encourage the crypto community to contribute to relief efforts and provide vital resources to impacted areas. Crypto Donors Display Generosity During Times of Crisis Ben Pousty, Chief Operating Officer at The Giving Block, told Cryptonews that crypto donors have repeatedly shown incredible generosity in times of crisis. “Through The Giving Block, the crypto community raised $1 million for the Maui Fires, supporting relief efforts after entire neighborhoods were reduced to ashes, and another $1 million for Hurricanes Helene and Milton, which left widespread flooding and devastation in their wake,” Pousty said. According to The Giving Block’s Annual Industry Report on the State of Crypto Philanthropy , over $2 billion in cryptocurrency donations have been made as of January 2024. Pousty expressed hope that the Los Angeles Wildfires Emergency Response Fundraiser will mobilize similar contributions, stating, “Every contribution fuels the work of trusted organizations on the ground, bringing critical aid to those who need it most.” “Together, we can turn the collective strength of the crypto community into life-changing support for the residents of Los Angeles,” he added. Los Angeles Crypto Community Asks For Help While relief efforts are still ramping up, members of Los Angeles’ crypto community are calling for urgent assistance. Los Angeles-based crypto influencer “ Wendy O ” told Cryptonews that, “It’s absolutely tragic to see the damage from the fire and winds in Southern California occur.” Wendy O added that the LA wildfires impact all Americans. “It is true that homeowners insurance in California has been canceled for many – I dealt with this 2 years ago. Please show compassion to those impacted and help when you can,” she said. The palisades fire is now almost 12,000 acres. My heart is broken for my state and all impacted. This impacts all of America. pic.twitter.com/l4BLtzufjP — Wendy O (@CryptoWendyO) January 8, 2025 Crypto YouTube channel Altcoin Daily also posted on its X account that the Los Angeles wildfire is the worst in history, raising awareness for the devastation. The hosts of the Altcoin Daily show are both based in LA. With the LA wildfire crisis continuing to unfold, the combined efforts of nonprofit organizations and the crypto community provide hope for affected residents. The post Organizations Accept Crypto Donations to Help Los Angeles Wildfire Relief Efforts appeared first on Cryptonews .

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