Cointelegraph is pleased to announce a partnership with ecological preservation organization Oxygen Seven. We have created a bitcoin donation fund with all money raised going directly to the Australian Wildfire Fund
January 16, 2020 – As a company, Cointelegraph cares about the environment and the world in which we all live. The wildfire crisis in Australia has mobilized us as an organization to take action to help the current recovery efforts down under.
Helen Vitalie Lang, Deputy CEO of Cointelegraph: “After seeing the horrific scenes coming out of Australia and the magnitude of loss and suffering being experienced by the Australian people, Cointelegraph felt compelled to act and do our part to help. We know that the crypto community has the ability to mobilize and change the world.
Using the power of cryptocurrency, Cointelegraph has provided a transparent and simple way to donate bitcoin to help those in need. We are proud to be supporting Oxygen Seven and Earth Alliance, whose tireless work on behalf of the environment gives us hope for a better tomorrow.”
Nicholas Rose, Founder/ President: Oxygen Seven: “We at oxygen seven most recently completed an ongoing humanitarian mission to aid in the Amazon basin from August 24th to November 2019. Having experienced firsthand the devastation that wildfires can create, we fully understand what’s going on in Australia right now. We stand with the people of Australia and we will do our best to help restore ecosystems and support the local communities.”
Hashtag: #CryptoForAustralia
About Cointelegraph
Cointelegraph is the world’s most widely read cryptocurrency and blockchain publication. With a decentralized team around the globe, Cointelegraph delivers breaking news, analysis, and opinion to millions of readers worldwide.
About Oxygen7:
Oxygen7 is a non-profit organization created by Nick Rose in Miami, Florida in 2017. We are a non-profit global reforestation initiative. You can help us reforest the planet. Yes, you! Every individual contribution makes an impact.
Bitcoin News Summary – November 18, 2019
Payments app, Fold now allows users to book AirBNB accommodations using Bitcoin and Lightning payments. Users will also receive 3% back in Bitcoin for their bookings, as well as for purchases from Fold’s other partners, including some big-name retailers like Amazon, Starbucks and Uber.
BitGo, the crypto wallet and custodian, said that 20% of Bitcoin transactions pass through its services. While this raises centralization concerns, the company countered by saying users can opt to retain their private keys.
In a recent report, the US Federal Reserve addressed stablecoins, saying that while they can create better payment systems for consumers, the possibility of a stablecoin rapidly gaining global scale threatens central bank control over money. Meanwhile, the largest and best-known stablecoin, Tether, is planning to introduce a new stablecoin pegged by the price of gold. The coin will be fully backed by gold reserves and should be available before the end of this year.
And finally, a collaboration between anonymous users, the so-called “Unknown Fund” is raising $75 million to promote development of projects which would enhance Bitcoin privacy.
