“Every satoshi will go towards helping those who lost so much in this catastrophe,” the page says.
Donations in sats are made directly to the NGO Admundi.
In response to the devastation caused by DANA in Valencia, Spain, the Help Bitcoin website was created, through which donations in bitcoin (BTC) were enabled to assist the victims of this meteorological phenomenon.
The Community of Bitcoin Users of Valencia, in collaboration with the NGO Admundi.org, they joined forces to “provide urgent support to people affected by the recent DANA that has hit Valencia and its surroundings hard.”
DANA, which has left a balance of more than 200 dead and dozens missinghas sparked an unprecedented mobilization of aid. The intense rains have caused considerable damage to infrastructure and homes, leaving many families in an emergency situation. Local and national authorities have declared the area highly affected, and various fundraising campaigns have been launched for reconstruction and assistance.
In that context, Help Bitcoin was designed to facilitate direct donations in BTC, through the Lightning network, where “each satoshi will go to help those who have lost so much in this catastrophe,” as indicated on the page.
These donations in sats are made directly to the NGO Admundi, which then converts these funds to euros to distribute them among the main local aid organizations and associations in the affected areas.
To date, around 5 million satsequivalent to 0.05 BTC or approximately $3,500, demonstrating tangible solidarity in the Bitcoin community.
In addition to donations in BTC, options have been enabled for contributions through traditional bank transfers, thus expanding the means of financial support to the victims. In fact, More than 200 Spanish artists joined together to raise funds and donate them to Valencians.
Bit2Me also enabled a gateway
In parallel, the Spanish exchange Bit2Me announced a similar initiativeenabling cryptocurrency addresses such as Bitcoin, Ethereum, USDT, and a generic option through Bit2Me Pay, to allow donations in a variety of crypto assets.
Bit2Me, with roots in the Valencian Community, highlighted that “every contribution, no matter how small, makes a difference.” “Today more than ever, we need your solidarity,” they said, in an effort to support flood victims.
For its part, Binance, the largest cryptocurrency exchange in the world, made a donation of 3 million dollars to the Spanish Red Cross. Javier García de la Torre, general director of Binance Spain, express that the company is committed to “mobilizing resources and providing critical support during this difficult time.”
“Through our donation to the Spanish Red Cross, we hope to bring relief to those who need it most. We will always be at the side of the Valencian community in its reconstruction and recovery,” he said.
These initiatives reflect a rapid and diverse response from the cryptocurrency sector, showing a new form of technological and financial solidarity in times of crisis. The confluence of Bitcoin technology and the willingness to help is creating a crucial bridge for direct and efficient assistance to those who need it most in Valencia during this emergency.
This article was created using artificial intelligence and edited by a human Editor.
