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Binance News: Binance Co-Founder and Charity Provide $1.5 Million in Aid to Myanmar and Thailand After Major Earthquake

Binance News: Binance Co-Founder and Charity Provide $1.5 Million in Aid to Myanmar and Thailand After Major Earthquake

Published:
2025-04-01 16:45:20
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In a show of solidarity and support, Binance Co-Founder Changpeng Zhao and Binance Charity have come forward to provide crucial aid to Myanmar and Thailand following a devastating earthquake.

Binance Co-Founder and Charity Deploy Aid to Myanmar and Thailand After Earthquake

Binance Co-Founder Changpeng Zhao and Binance Charity have jointly deployed over $1.5 million in aid to Myanmar and Thailand following a 7.7 magnitude earthquake that originated in Mandalay, Myanmar’s second largest city. The earthquake has caused widespread destruction and infrastructure damage, with significant casualty numbers reported. Zhao announced a personal donation as authorities appeal for international assistance. The exact cryptocurrency used for the relief deployment was not specified.

Crypto Venture Funding Soars to $3.5 Billion in March 2025

Venture capital investments in crypto and blockchain startups surged to $3.5 billion in March 2025, marking a 246% increase from February’s $1.01 billion and signaling renewed confidence in the industry. This figure is the highest recorded since March 2022, when $3.6 billion was invested before the prolonged bear market. Binance led the way with a $2 billion raise from Abu Dhabi-based MGX, while TON Network raised $400 million. The renewed interest in crypto projects comes despite the past downturns that contributed to the downfall of major players like FTX and Celsius.

|Square

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