Sunday, November 30, 2025

Hong Kong Fireplace Sparks Crypto Fundraiser

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A number of main cryptocurrency firms have donated funds in response to a blaze on the Wang Fuk Court docket condominium block in Tai Po, Hong Kong, on November 27.

Among the many contributors, the MEX


$1.69B



Basis introduced a
dedication of HK$5 millionroughly $640,000.

The alternate shared plans to coordinate with charitable teams and authorities to verify that assist reaches these affected. Based on official statements, the MEXC initiative goals to ship immediate help to people whose lives have been disrupted by the fireplace.

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Moreover, Bitget


$838.15M



said it could
ship HK$12 millionroughly $1.5 million, to assist ongoing group reduction initiatives in Hong Kong.

The corporate defined that its donation displays its efforts to supply direct help to households in want and to assist rebuild important services within the space. Firm representatives famous that such conditions name for fast, focused motion by the non-public sector.

OKX


$1.02B



and
HashKey


$33.13M



confirmed they’re every contributing HK$10 million to the trigger. Each organizations coordinated with native authorities and charities to distribute reduction as shortly as doable.

The funds will probably be used to assist households impacted, cowl emergency medical prices, and help with restoration plans in Tai Po.

In the meantime, Coinbase


$669.5M



not too long ago introduced plans to launch its decentralized buying and selling choice, referred to as “DeFi Mullet”, for customers in Brazil. How does it work? Learn the total story.


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