Crypto Exchange Binance Donates $3 Million to Valencia Flood Relief Efforts

Quick Summary:

Binance has committed $3 million to help the Spanish Red Cross with disaster relief following devastating flooding in Valencia.

Back in 2020, the Italian Red Cross similarly saw an influx of crypto donations at the start of the COVID pandemic.

In 2022, the exchange also donated $10 million to Ukrainian humanitarian projects following Russia’s invasion of the country.

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Article Details

Author / Journalist: Adrian Zmudzinski

Category: Crypto

Markets: EstoniaSpainTurkey

Topics: Business Spanish Red Cross Valencia Binance Disaster relief

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 16:50:03 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 466 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 23436136

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 7 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 10 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #63

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