Wuhan city has been locked down by Chinese authorities to minimize the impact of Coronavirus. According to the New York Times report, so far, more than 80 people have died because of this mysterious virus, and more than 1000 people have been diagnosed in Wuhan. Five cases have been confirmed in the USA.
Binance steps up for humanitarian causes.
The CEO of the world’s leading crypto exchange Binance, Changpeng Zhao, tweeted on 26th January, “Binance pledged 10 million RMB ($1.5 million USD) to help Coronavirus victims.” He added that for Wuhan, it is not realistic to do crypto to end beneficiaries. He also wrote that they need help to arrange logistics locally.
The victims of Coronavirus have been confirmed in other countries as well, including Australia, Malaysia, Nepal, Japan, Singapore, and South Korea. The World Health Organisation said that it is too early to declare Coronavirus as a public health emergency of international concern.
For #Wuhan, not realistic to do crypto to end beneficiaries.
Binance pledged 10m RMB ($1.5m USD) to help #coronavirus victims.
We didn’t make any announcements. But BCF/Binance team has been busy for the last few days.
Still need help to arrange logistics locally.🙋♀️ https://t.co/UH6FXgVSrX
— CZ Binance (@cz_binance) January 25, 2020
Binance also donated to fight Australian bushfires.
Earlier, Binance had donated $1 million in its native token BNB to help fight devastating Australian bushfires that had killed more than half a billion animals and displaced many lives. Binance has been generous when it comes to helping humanitarian causes. Binance was initially started in China and then moved its businesses to Malta for regulatory reasons. The mysterious Coronavirus has caused a state of panic in China. It is highly advised to take extra measures in the time of such a tragedy.
