Love Earth Coin (LEC) fulfilled the 1st charity fund raising engagement all on chain! The 1st time in blockchain history! USD$10,000 has sent to German and Chinese Red Cross for urgent aid of flooding.
While most of the world is in a lockdown due to the COVID-19 pandemic, many people have lost their jobs or sources of income. While searching for a way to improve the situation, it is rather easy to fall victim to a fraudulent scheme.
The number of scam projects seems to grow proportionally to COVID-19 cases. Now, scammers are posing themselves as the National Health Service (NHS) to trick the citizens of Great Britain out of their cryptocurrency.
The spread of COVID-19 around the globe, as well as its influence over all industries including cryptocurrency, has caused its major players to join forces and combat the disease under the #CryptoAgainstCOVID hashtag.
The Dutch Red Cross now accepts bitcoin and other cryptocurrency donations to combat the consequences of COVID-19. This move was probably caused by the need to increase the amounts of donated funds to boost research.