Crypto Firms Step In With Major Tai Po Fire Relief Support
The post Crypto Firms Step In With Major Tai Po Fire Relief Support appeared on BitcoinEthereumNews.com.
TLDR; Crypto firms committed HK$32 million to Tai Po fire relief, with rapid funding improving early response capacity. Three major firms contributed HK$10 million each, forming the core of the total emergency support pool. Prior actions in Turkey, Syria, Morocco, and Ukraine illustrate the sector’s established disaster response pattern. The funding strengthens Tai Po teams by ensuring reliable liquidity during the most resource-intensive recovery stage. Four major crypto firms moved quickly to channel fresh capital into Tai Po fire relief efforts. The combined HK$32 million pool aims to keep response teams supplied during the most demanding stage of the emergency. Leaders including Binance, HashKey Group, Avenir Group, and KuCoin coordinated their commitments within hours of the first reports. Their funding gives local responders essential liquidity as work continues across affected areas. Crypto Firms Increase Tai Po Fire Relief Funding Binance, HashKey Group, and Avenir Group each committed HK$10 million, according to updates from BSCNews. Their contributions form the bulk of the HK$32 million directed toward rescue coordination, victim support, and community rebuilding. KuCoin added HK$2 million to complete the funding package. This early capital flow offers responders predictable resources while operations remain fluid. Teams in Tai Po now have a financial buffer to manage equipment, logistics, and direct assistance programs. The report noted that the speed of deployment helped stabilize short-term planning for emergency crews. Crypto firms have used rapid funding models during various large-scale emergencies. According to the report, exchanges collectively moved more than 9 million dollars to Turkey and Syria after the 2023 earthquakes. Binance also distributed BNB airdrops to verified users in Morocco’s hardest-hit regions. These earlier responses created a template for the type of immediate support now directed toward Tai Po. CRYPTO LEADERS UNITE WITH HK$32M SUPPORT FOR TAI PO FIRE RELIEF – Four major crypto…
Filed under: News - @ November 28, 2025 5:29 pm