Ah, the mighty Changpeng “CZ” Zhao, co-founder of Binance, is at it again! This time, after the terrifying 7.7 magnitude earthquake that rocked Thailand and Myanmar on March 28, CZ has decided to play the hero—dishing out a whopping 500 BNB (worth a jaw-dropping $306,845) to help those in need. And all for a good cause, mind you.
For those who might not be following the news (no judgment, we all need a break), the earthquake wreaked havoc, reducing structures to rubble and flooding entire areas. The epicenter? Only 16 kilometers away from Mandalay—Myanmar’s second-largest city. Who knew Mother Nature had such an attitude?
“I will donate 500 BNB each to Myanmar and Thailand.
Is there a transparent on-chain donation system with DID? If not, I’ll rely on @Binance and @Binance_TH_ to get this money where it needs to go.” — CZ 🔶 BNB (@cz_binance) March 28, 2025
So, there it is—CZ’s public announcement via X (because who wouldn’t want to tweet about donating a small fortune?). He’s all about safety for the people in Thailand, and if the blockchain gods haven’t provided a transparent, on-chain donation system (yet?), he’s going to entrust Binance and Binance Thailand with the task of spreading the wealth.
Now, it’s not all sunshine and rainbows—at least 144 people are confirmed dead, and countless others are still injured. Rescue workers are tirelessly searching through the wreckage, though, tragically, more lives are likely to be lost. The earthquake’s epicenter was a mere 16 kilometers from Mandalay—talk about being at ground zero. But don’t worry, folks, CZ’s got it covered. Because crypto to the rescue!
And let’s not forget, crypto donations are all the rage when disaster strikes. After all, they’re fast, cheap, and can get the funds to the people who need it right now. It worked in the 2023 Turkey-Syria earthquake, and it was a lifeline during the Maui wildfires. In fact, The Giving Block raised over $1 million for the Maui relief efforts. So, what’s the moral of the story? Blockchain and crypto, folks. A force for good (who knew?).
CZ’s generous act is yet another example of how digital currencies and blockchain can make the world a better place—one donation at a time. We may not be able to control earthquakes, but we sure can throw some BNB at the problem!
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2025-03-29 07:49