Hey ninjas, how’s the trading going? Coronavirus is a new virus that usually causes respiratory illness. The virus was first discovered in Wuhan City, Hubei Province of China in late December 2019 after several cases were reported to the World Health Organization (WHO).
The Coronavirus includes the common cold, and viruses such as SARS and MERS. Since its discovery, a number of blockchain and cryptocurrency firms have made pledges to aid victims.
Binance cryptocurrency exchange reportedly made a pledge to donate 10 million Chinese yuan ($1.44 million) to the effort. According to a tweet made on the 25th of January by Changpeng Zhao, CEO of Binance. In the tweet he explained that the firm made a pledge to donate to the effort but made no formal announcement, he did this in response to being tagged to a news article about crypto donations being accepted for the cause.
According to a WeChat post on the 25th of January, Krypital (blockchain marketing service) has launched a charity donation to acquire medical supplies for coronavirus victims.
The firm also announced that it will be setting up a blockchain-based donation system that accepts Tether (USDT) and is also recruiting volunteers for media announcements, group administration, graphic designers, sorting, material purchase, and transportation management.