June 22, 2024

Binance donates $ 1 million to fight fires in Australia

Binance donates $ 1 million to fight fires in Australia

On January 7, the charitable arm of the Binance exchange donated $1 million in BNB tokens to eliminatethe effects of forest fires in Australia.

Recently on her Binance CharityThe Foundation announced the creation of the Australia Bushfire Donations charitable foundation, which transferred $ 1 million worth of BNB tokens. The funds raised during the action will be used to mitigate the catastrophic consequences of forest fires on the continent.

Australia Bushfire Donations – this is a projecton the blockchain, so information about all donations and the distribution of funds will be fully available to the public. Commenting on the situation, Binance CEO Changpeng Zhao said:

It hurts to look at forest fires in Australia andtheir terrifying consequences for the environment and the local community. We want to help overcome this crisis and encourage all concerned crypto enthusiasts to join us and support Australia.

At the moment, a huge raging in Australianumber of forest fires. According to rough estimates, since the beginning of October, 20 people have died in fires, half a billion animals, and about 2,000 homes have been destroyed.

Based on materialscointelegraph.com