CZ donates nearly $600k worth of BNB for Myanmar and Thailand earthquake relief
The former CEO of Binance, Changpeng ‘Cz’ Zhao, donated 1,000 BNB to the rescue efforts of the earthquakes in Myanmar and Thailand, after the launch of the Binance charity program.
In a recent jobThe chief of Yzi Labs revealed that he had held his promise to make a donation of 500 BNB (Bnb) each in myanmar and Thailand Rescue efforts. According to data On BSC Scan, Zhao Do 598,025 $ BNB on April 3 around 8:00 am UTC.
Zhao’s donation follows the launch of the Binance Charity program to the air funds to users in Thailand and Myanmar affected by the massive earthquake that occurred on March 28.
On March 31, Binance Charity announcement An initiative that could have been able to up to $ 1.5 million BNB to binance users identified as living in the affected areas of Myanmar and Thailand, based on the information provided by the identity verification of Know your customer and proof of address mechanisms. Funds should reach users of Thailand and Myanmar by April 14.
As part of the program, Zhao undertook to send 1,000 BNB to the victims in Myanmar and Thailand. He has called for more people to join the initiative and give a donation to the earthquake rescue funds to help those who recover from the tragedy.
“In times of crisis, every second counts. Blockchain assets and digital assets have provided an effective and efficient means of providing financial assistance to disaster victims,” CZ said in his declaration.
According to Binance’s opinion, all myanmar users will receive $ 5 BNB for each user who finished KYC. Meanwhile, users who live in the most affected areas will receive $ 50 in BNB.
For users of Binance living in Thailand, the program only requires users of Binance Gulf who finished their kycs. Each user will receive $ 5 BNB. While users of Binance Gulf living in the most affected areas will each receive $ 10 in BNB.
Shortly after CZ announced its donation on X, BNB fell slightly by 0.68% according to data of crypto.News. BNB is currently estimated at $ 598.51.
Earlier this year, CZ given 150 BNB, valued at around $ 100,000 at the time, to the victims of the balance Even scam. Not only does that too given Part of its funds to merchants who have lost money due to the TST and Broccoli Memecoins accident.
Post Comment