Changpeng “CZ” Zhao, the co-founder of Binance
$3.48B
On April 3, Zhao transferred 1,000 BNB
The earthquake, which hit on March 28, measured 7.7 in magnitude and caused serious damage in both countries. Many buildings collapsed, roads were blocked, and floods followed. According to Reuters, there were over 2,700 casualties in Myanmar and 18 in Thailand.
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As traditional systems struggled due to damaged infrastructure, crypto has become a helpful way to send money quickly. With bank access limited in some areas, digital assets allowed for fast support where it was needed.
Crypto-based donations have been rising steadily. In 2024, more than $1 billion in crypto was donated to various causes. Around 16% supported education, while 14% went to health-related efforts.
Following the earthquake, The Giving Block launched a new campaign to raise $500,000 in crypto for relief in Myanmar and Thailand. The group expects that crypto donations could reach $2.5 billion in 2025, as more people use digital assets and policies become more supportive.
Meanwhile, Zhao recently urged Elon Musk to take action against automated accounts on X. Why? Read the full story.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
