In Turkey, more than 40 blockchain organizations have signed a petition asking the government to establish official crypto wallets that will take donations.
Haluk Levent, a Turkish music star, appeals to the cryptocurrency community for donations in support of those hurt by the tragic earthquake that struck the nation.
A multi-signature wallet that supports BNB Chain, ETH, and Avalanche has been created by well-known Turkish rocker Haluk Levent and the nonprofit Ahbap to collect donations from the cryptocurrency community. The donations have topped $460,000 thus nation.
The aftermath of a devastating earthquake that claimed thousands of lives is still having an impact on Turkey. In response to this catastrophe, a number of cryptocurrency exchanges have launched donation drives to aid the devastated areas.
Several exchanges have made their donations public, including Huobi (2,000,000 TRY), Bitfinex (5,000,000 TRY), Tether, and Bitget (1,000,000 TRY), among others.
Furthermore, Binance recently announced that it would airdrop $100 USD (1883 TRY) in BNB to customers in the area impacted by the earthquake in Turkey.
Emergency declared in Turkey
The area has suffered severe damage as a result of the earthquake. In ten provinces that have seen the biggest seismic damage, President Recep Tayyip Erdogan has declared a three-month state of emergency. 3,549 people have died in Turkey as of right now, and 1,600 more deaths in Syria have been recorded.
President Erdogan declared a state of emergency in order to speed up rescue operations in the country’s southeast during a speech that was broadcast on television.
Without going into more detail, he said that the steps will enable the delivery of aid workers and money to the impacted areas. One of the busiest cryptocurrency marketplaces right now is Turkey.
It is encouraging to see the crypto community unite to offer support in the wake of such a tragedy. The exchange donations and individual gifts are proof of the strength of the human spirit and the power of community.
The crypto community will undoubtedly be crucial in assisting the afflicted communities in moving past this tragedy as relief and reconstruction efforts go on. The outpouring of support is evidence of the potential for cryptocurrencies to be used for good and the beneficial effects it may have.