Timeline of cryptocurrency and philanthropy

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Sample questions

The following are some interesting questions that can be answered by reading this timeline:

Big picture

Time period Development summary More details
2018 “Silicon Valley foundation's crypto assets plunged, but donations rose in 2018” [1]
2020 “COVID-19 has spurred more nonprofit organizations to accept crypto” [2]

Full timeline

Year Month and date Event type Details
2013 "Roger Ver donated 1 million worth of Bitcoin shares to the Foundation for Economic Education in the year 2013."[3]
2019 May 22 “Nonprofits turn to cryptocurrency to help Venezuelans in need” [4]
2019 July 18 “Ripple co-founder's donation signals bright philanthropic future for crypto” [5]
2014 July 30 "On 30 July 2014, the Wikimedia Foundation started accepting donations of bitcoin"
2019 July “As the Venezuelan government clamps down on aid coming into the country, donors have turned to cryptocurrencies” [6]
2019 August 19 “Fidelity’s Charity Arm Has Received Over $100 Million in Crypto Donations” [7]
2019 September 11 ““Looking for a way to help those affected by Hurricane Dorian? Lend a Hand Bahamas has set up a Coinbase Commerce account to accept crypto donations for relief efforts easily. Donate here. And learn more about Lend a Hand Bahamas,” tweeted Coinbase” [8]
2019 October 9 “The UN children’s charity now accepts donations in cryptocurrency” [9]
2019 December 3 “Save the Children Now Accepts Bitcoin Cash Donations” [10]
2020 January 4 “BITCOIN FOR CHARITY: BTC DONATIONS ARE ON FOR AUSTRALIAN BUSH FIRES [11]
2020 January 5 “TRON founder and BitTorrent CEO Justin Sun in a tweet pledged to donate $1 Mn to environment activist Greta Thunberg to help raise global awareness of the climate crisis” [12]
2020 January 8 “Binance Donates $1 Million in Crypto for Australian Bushfire Relief” [13]
2020 January 17 “IRS Confirms Tax Treatment Of Virtual Currency Charitable Donations” [14]
2020 March “Cryptocurrency donations are set to rise as charities embrace the technology’s transparency, immutability and traceability” [15]
2020 April 08 “Italian Red Cross Builds COVID-19 Medical Post With Donated Bitcoins” [16]
2020 April “FBI Warns of 4 Cryptocurrency Fraud Schemes tied to COVID-19” " Scammers, posing as employers, may ask you to accept a “donation” of funds into your own bank account and to deposit them into a crypto kiosk. The so-called “donation” is likely money stolen from others. Your acceptance and transfer of the stolen money is considered illegal money mule activity and potentially unlicensed money transmission."[17]
2020 May 14 “Crypto vs COVID-19: Bitcasino.io raises 20BTC donation and launches charity poker tournament” [18]
2020 May “Mexican Companies Launch Crypto Donation Platform for People Impacted by COVID-19” [19]
2020 June 14 “Bitcoin Owner Loses All His BTC To Phishing Scam, Crypto Community Sends Donation” [20]
2020 June 18 “Ethereum Foundation Makes Second Crypto Donation to UNICEF” [21]
2020 July 14 “Hodlers Can Donate Crypto to Charity to Minimize Tax Payments” [22]
2020 July 15 “Charity Giant Behind Give.org Launches a Blockchain Donation Platform” [23]
2020 August 18 “Binance Charity Pledges $20K to Beirut Explosion Relief Efforts” [24]
2020 September “Bitcoin Campaign Contributions Are Getting More Mainstream” [25]
2020 October 12 “$11 Million in Bitcoin Mined in 2010 Just Moved, Part Donated to FSF” [26]
2020 December 18 “Salvation Army starts accepting cryptocurrency donations” [27]
2021 January 19 “Bitcoin.com Founder Roger Ver Donates Two Major Gifts to the Foundation for Economic Education” [28]
2021 January 25 “Grayscale Investments Donates $1 Million to Coin Center and Pledges to Match Donations Up to an Additional $1 Million” [29]
2021 January 26 “American Cancer Society Starts 'Crypto Only' Donation Fund” [30]
2021 February 10 “Jack Dorsey donates $1 million to crypto think tank Coin Center” [31] “JTwitter Mulls Bitcoin as Dorsey Donates to Coin Center” [32]
2021 May 12 "Ethereum Creator, Vitalik Buterin, Donates Over $1B to India COVID Relief"[33]
2021 September 30 "Central Pacific Bank Foundation begins accepting cryptocurrency donations"[34]

Meta information on the timeline

How the timeline was built

The initial version of the timeline was written by User:Sebastian.

Funding information for this timeline is available.

Feedback and comments

Feedback for the timeline can be provided at the following places:

  • FIXME

What the timeline is still missing

Timeline update strategy

See also

External links

References

  1. Pender, Kathleen (22 June 2019). "Silicon Valley foundation's crypto assets plunged, but donations rose in 2018". San Francisco Chronicle. Retrieved 14 February 2021. 
  2. "COVID-19 has spurred more nonprofit organizations to accept crypto". Cointelegraph. Retrieved 12 February 2021. 
  3. "WHO ARE THE RICHEST BITCOIN OWNERS? Bitcoin - Henry Harvin". www.henryharvin.com. Retrieved 8 February 2021. 
  4. "Nonprofits turn to cryptocurrency to help Venezuelans in need". NBC News. Retrieved 14 February 2021. 
  5. "Ripple co-founder's donation signals bright philanthropic future for crypto". www.bizjournals.com. Retrieved 14 February 2021. 
  6. Grinspan, Lautaro (10 July 2019). "Want to help people in Venezuela? Your best bet might be bitcoin.". Vox. Retrieved 14 February 2021. 
  7. "Fidelity's Charity Arm Has Received Over $100 Million in Crypto Donations". CoinDesk. 19 August 2019. Retrieved 14 February 2021. 
  8. "Tether donates $1 million to help victims in hurricane Dorian-ravaged Bahamas - Micky News". Micky. 11 September 2019. Retrieved 14 February 2021. 
  9. Taylor, Chloe (9 October 2019). "The UN children's charity now accepts donations in cryptocurrency". CNBC. Retrieved 14 February 2021. 
  10. "Save the Children Now Accepts Bitcoin Cash Donations – News Bitcoin News". Bitcoin News. 3 December 2019. Retrieved 14 February 2021. 
  11. "Bitcoin for Charity: BTC Donations are on for Australian Bush Fires". Bitcoinist.com. 4 January 2020. Retrieved 14 February 2021. 
  12. "Cryptocurrency This Week: Bitcoin Halving, TRON's Sun To Donate $ 1Mn To Greta Thungberg And More". Inc42 Media. 5 January 2020. Retrieved 14 February 2021. 
  13. "Binance Donates $1 Million in Crypto for Australian Bushfire Relief – News Bitcoin News". Bitcoin News. 8 January 2020. Retrieved 14 February 2021. 
  14. Erb, Kelly Phillips. "IRS Confirms Tax Treatment Of Virtual Currency Charitable Donations". Forbes. Retrieved 14 February 2021. 
  15. Stevens, Decrypt / Robert (28 March 2020). "How crypto will change the face of charity". Decrypt. Retrieved 14 February 2021. 
  16. "Italian Red Cross Builds COVID-19 Medical Post With Donated Bitcoins". Cointelegraph. Retrieved 12 February 2021. 
  17. "FBI Warns of 4 Cryptocurrency Fraud Schemes tied to COVID-19". https://www.kcbd.com. Retrieved 12 February 2021.  External link in |website= (help)
  18. "Crypto vs COVID-19: Bitcasino.io raises 20BTC donation and launches charity poker tournament". CalvinAyre.com. 14 May 2020. Retrieved 12 February 2021. 
  19. "Mexican Companies Launch Crypto Donation Platform for People Impacted by COVID-19". Cointelegraph. Retrieved 12 February 2021. 
  20. Mislos, Vincent (14 June 2020). "Bitcoin Owner Loses All His BTC To Phishing Scam, Crypto Community Sends Donation". International Business Times. Retrieved 12 February 2021. 
  21. "Ethereum Foundation Makes Second Crypto Donation to UNICEF". CoinDesk. 18 June 2020. Retrieved 12 February 2021. 
  22. "Hodlers Can Donate Crypto to Charity to Minimize Tax Payments". CoinDesk. 14 July 2020. Retrieved 12 February 2021. 
  23. "Charity Giant Behind Give.org Launches a Blockchain Donation Platform". Cointelegraph. Retrieved 12 February 2021. 
  24. "Binance Charity Pledges $20K to Beirut Explosion Relief Efforts". CoinDesk. 18 August 2020. Retrieved 12 February 2021. 
  25. "Bitcoin Campaign Contributions Are Getting More Mainstream". www.govtech.com. Retrieved 12 February 2021. 
  26. "$11 Million in Bitcoin Mined in 2010 Just Moved, Part Donated to FSF". CryptoGlobe. Retrieved 12 February 2021. 
  27. "Salvation Army starts accepting cryptocurrency donations". KSBY. 19 December 2020. Retrieved 12 February 2021. 
  28. "Bitcoin.com Founder Roger Ver Donates Two Major Gifts to the Foundation for Economic Education". www.prnewswire.com. Retrieved 12 February 2021. 
  29. "Grayscale Investments Donates $1 Million to Coin Center and Pledges to Match Donations Up to an Additional $1 Million". finance.yahoo.com. Retrieved 12 February 2021. 
  30. Hayward, Decrypt / Andrew (26 January 2021). "American Cancer Society Starts 'Crypto Only' Donation Fund". Decrypt. Retrieved 12 February 2021. 
  31. Browne, Ryan (10 February 2021). "Jack Dorsey donates $1 million to crypto think tank Coin Center". CNBC. Retrieved 12 February 2021. 
  32. "Twitter Mulls Bitcoin as Dorsey Donates to Coin Center". cryptobriefing.com. Retrieved 12 February 2021. 
  33. Conway, Luke. "Ethereum Creator, Vitalik Buterin, Donates Over $1B to India COVID Relief". The Street Crypto: Bitcoin and cryptocurrency news, advice, analysis and more. Retrieved 12 May 2021. 
  34. "Central Pacific Bank Foundation begins accepting cryptocurrency donations". www.bizjournals.com. Retrieved 1 October 2021.