Earthquake Relief: CZ’s Wallet Weeps (A Little)

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🚨 Earthquake Relief: CZ’s Wallet Weeps (A Little) 🚨

Earthquake Relief: CZ’s Wallet Weeps (A Little)

As the earth convulsed beneath Myanmar and Thailand, leaving devastation in its wake, a benevolent figure emerged from the crypto firmament. Changpeng ‘CZ’ Zhao, the erstwhile CEO of Binance, opened his digital coffers, bestowing upon the afflicted regions a sum of 1,000 BNB – a gesture valued at a whopping $598,025. 🤑

In a post that reeked of characteristic nonchalance, CZ revealed the fulfillment of his promise: 500 BNB for each of the beleaguered nations. BSC Scan, that omniscient observer of blockchain transactions, confirmed the donation on April 3, at the crack of dawn (UTC, of course, because who needs sleep when crypto calls?). 🕰️

This act of largesse trails the launch of Binance Charity’s ingenious program, designed to airdrop solace – in the form of BNB – to users in Thailand and Myanmar, identified via the trusty KYC and Proof of Address mechanisms. The airdrop, totaling up to $1.5 million, is slated to reach the affected users by April 14, a deadline that seems an eternity for those in distress. 🕊️

Sent 1000 BNB for the donation for Myanmar and Thailand. 🙏

— CZ 🔶 BNB (@cz_binance) April 3, 2025

As CZ urged others to join this philanthropic endeavor, his words echoed with the weight of urgency: “In times of crisis, every second counts. Blockchain and digital assets have provided an effective and efficient means of delivering financial aid to disaster victims.” 🕒️

For the uninitiated, here’s how Binance Charity’s program breaks down: Myanmar users, post-KYC, will receive $5 worth of BNB, while those in the most ravaged areas will be granted $50. Thai users, specifically those on Gulf Binance with completed KYCs, will receive $5, escalating to $10 for those in the hardest-hit regions. 📊

In a twist that will surprise no one, BNB’s value dipped by a mere 0.68% following CZ’s announcement, currently hovering at $598.51. Because, crypto. 📉

This isn’t CZ’s first foray into philanthropy; earlier this year, he donated 150 BNB (approximately $100,000 at the time) to victims of the LIBRA memecoin scam, and also lent a helping hand to traders who lost their shirts in the TST and BROCCOLI memecoin debacles. 🙌

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2025-04-03 13:35