• Crypto community sends millions in digital assets to Turkey following the earthquakes.
• Major crypto companies such as Binance, Bitfinex, KuCoin, OKX and Tether have pledged over $9 million in donations.
• Avalanche Foundation also donated another $1 million in AVAX tokens and invited others to donate what they can.
Crypto Community Supports Earthquake Relief Efforts in Turkey
The recent earthquakes in Turkey and Syria have had a devastating impact on the region with thousands of casualties reported so far. The crypto community responded quickly by creating and filling a relief fund for those affected by the tragedy. Major players, including Binance, Bitfinex, KuCoin, OKX, Tether and Avalanche Foundation have pledged over $10 million in donations to help out.
Binance & Other Crypto Companies Pledge Support
Leading names from the crypto world such as Binance, Bitfinex, KuCoin, OKX and Tether have already contributed more than $9 million to the relief efforts. Binance’s CEO Changpeng Zhao commented that this is an opportunity for the crypto world to come together and show people that it is a force for good and a sign of hope. Meanwhile Avalanche Foundation has donated an additional $1million dollars worth of AVAX tokens encouraging others to join their effort.
Death Toll Continues To Rise
The death toll continues to rise with more than 7 thousand killed and 20 thousand injured due to the earthquakes so far. The survivors are still struggling with aftershocks and need all the help they can get from around the world at this difficult time.
Crypto Community Unites To Help Out
The Turkish earthquake relief fund was set up shortly after news broke about the disaster which saw an immediate response from several leading players within the crypto community who wanted to assist those affected by donating digital assets worth millions of dollars combined.
Avalanche Foundation Donates Additional Funds
Apart from these major donors other organizations like Avalanche foundation also joined forces by donating another 1 million dollars worth of AVAX tokens while inviting others who want to contribute towards this humanitarian effort as well . Aytunc Yıldızlı , executive director of this project stated that this is close to heart for both him & his organization along with many other members within their community who are willing support those who suffered due to these calamities .