Crypto companies donate $16 million to Hong Kong Tai Po fire relief efforts
Over 30 crypto companies and fundraisers have raised approximately $16 million (HK$124 million) for Hong Kong fire relief efforts.
The fundraising followed a fire in Hong Kong’s Tai Po district that killed at least 159 people and left thousands homeless. The fire began on 26 November and spread through Wang Fuk Court apartment complex for days, becoming the region’s worst fire disaster since 1948.
Most crypto donations were pledged in the week after the disaster. AB DAO and Bitget led donations with pledges of $1.9 million and $1.5 million respectively. Numerous other services, such as Binance, HTX, OKX, Gate.io, Hashkey and Crypto.com have each pledged $1.3 million.
Other companies pledging donations over $100,000 include MEXC,…
