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Tony Hawk’s Nonprofit Accepts Crypto Donations via Bitpay Partnership

Tony Hawk Foundation, one of the largest global nonprofit organizations which mainly funds skatepark projects, is now accepting donations made in crypto. Announcing this, the organization said that it would be receiving Bitcoin and Bitcoin Cash. On this initiative, however, the NGO will be relying upon the services of Bitpay, an organization which already has […]
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Tony Hawk Foundation Added to Bitpay’s 100 Crypto Supporting Nonprofits

On June 24, well known nonprofit the Tony Hawk Foundation revealed it is now accepting cryptocurrencies for donations through Bitpay. The foundation founded by the pro skater Tony Hawk has funded 623 skatepark projects and now people can donate with BCH and BTC. With the latest collaboration, Bitpay now services over 100 nonprofit organizations processing $37 million in donations over the last three years. Also read: BCH Development Fund Doubles Its Goal After a Successful Month Tony Hawk Foundation Now Supports Crypto Payments Tony Hawk is one of the most recognizable professional skateboarders of all time. The American athlete has influenced generations of kids and young adults to jump on a four-wheeled board. Hawk not only created dozens of the tricks we know of today, but he was always relatable and funny in movies like Gleaming the Cube and the Bones Brigade. After his amazing career of inventing new tricks and pioneering the modern age of vertical skateboarding, Hawk created a nonprofit so the youth can continue this legacy. People can donate to the Tony Hawk Foundation here. So far there are more than 500 Tony Hawk Foundation (THF) grant recipients who have opened skateparks and these parks are visited by more than 5 million people annually. This week the charity announced a partnership with Bitpay in order to accept crypto payments in BCH and BTC. “THF has long been recognized for our innovative approach to building communities, and we’re excited to offer this great new way to support our work,” Miki Vuckovich, executive director of the Tony Hawk Foundation, stated. “After receiving thousands of e-mails from parents and children across America who did not have a safe, legal place to skate and in some cases arrested for skating on public property, Tony Hawk decided to establish a foundation whose mission would be to serve this population. $9 million has been awarded by the Tony Hawk Foundation to help create public skateparks.” Bitpay Processes $37 Million in Cryptocurrency-Denominated Donations The partnership with THF highlights the fact that the Atlanta based cryptocurrency payment processor Bitpay now supports over 100 nonprofits. According to the firm, since 2017 Bitpay has processed more than $37 million in cryptocurrency-denominated donations. Well known charitable organizations working with Bitpay include the Wikimedia Foundation, the Electronic Frontier Foundation (EFF), Greenpeace, Heifer International, The Water Project, and the American National Red Cross. Donating funds with crypto can be done easily on a mobile device or home computer in less than a minute. Moreover, BTC or BCH-based donations can be accounted for and verified on a public block explorer. Nonprofits that accept digital currency donations via Bitpay. After revealing the alliance with the charity THF, Sonny Singh, the chief commercial officer of Bitpay, explained that as blockchain payments continue to move mainstream, “[Bitpay] is seeing an increase in donations from the crypto community.” Singh continued: Bitcoin and Bitcoin Cash offer an economical payment option in comparison to traditional bank options where more money goes to charity rather than paying fees. Many people believe that cryptocurrencies will revolutionize the money system, but at the same time, philanthropy can be enhanced by being able to fund any project from across the world. Much needed and often taken for granted things like schools and water wells can be built. And now people can donate to kids who want to drop in on a halfpipe for the first time or be the next kid to land the 900. What do you think about the Tony Hawk Foundation accepting cryptocurrency donations? Let us know what you think about this subject in the comments section below. Image credits: Tony Hawk Foundation, Pixabay, and Bitpay. Now live, Markets.Bitcoin.com. A comprehensive, real-time listing of the cryptocurrency market. View prices, charts, transaction volumes, and more for the top 500 cryptocurrencies trading today.   The post Tony Hawk Foundation Added to Bitpay’s 100 Crypto Supporting Nonprofits appeared first on Bitcoin News.
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BitPay Processed More Than $37 Million in Bitcoin Donations Since 2017

The post BitPay Processed More Than $37 Million in Bitcoin Donations Since 2017 written by Wieke Beenen appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics BitPay, the largest global Blockchain payments provider, announced that it has processed more than $37 million in cryptocurrency-denominated donations since 2017. The latest major charity organization to open up its donation efforts to Blockchain payment is the Tony Hawk Foundation. This foundation is now joining other notable organizations such as the American National Red Cross, […] The post BitPay Processed More Than $37 Million in Bitcoin Donations Since 2017 written by Wieke Beenen appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics
Blockchain News

BitPay Supports Over 100 Non-Profits Processing $37 Million in Donations Since 2017

ATLANTA, June 24, 2019 (GLOBE NEWSWIRE) -- BitPay, the largest global blockchain payments provider, today shared the company processed more than $37 million in cryptocurrency-denominated donations since 2017. The Tony Hawk Foundation becomes the latest major charity organization to open up its donation efforts to blockchain payment efforts, joining other notable organizations such as the American National Red Cross, the Electronic Frontier Foundation (EFF), Greenpeace, The San Francisco Foundation, Heifer International, The Water Project, Teach for America, United Way Innovation Fund and the Wikimedia Foundation. The Tony Hawk Foundation, which supports and empowers youth in low-income communities, is now accepting Bitcoin donations via BitPay for the Foundation's efforts in the U.S. and abroad.  Bitcoin opens another avenue to donations globally especially where traditional banking systems are not possible, while reducing high fees and increasing payment transparency and efficiency. "THF has long been recognized for our innovative approach to building communities, and we're excited to offer this great new way to support our work," said Miki Vuckovich, Executive Director of The Tony Hawk Foundation. In accepting Bitcoin donations through BitPay, the Tony Hawk Foundation and other charitable organizations can broaden its donor base while still being shielded from the price volatility that can occur with Bitcoin transactions. ...Full story available on Benzinga.com
Benzinga

BitPay CCO Discusses AT&T Bitcoin Payment Acceptance Deal for the Fortune 500 Company

It is always an encouraging sign for the crypto community when a major firm begins accepting cryptocurrency as a method of payment. One of the recent examples of this was AT&T who announced in May 2019 that they will become the first major mobile carrier that accepts Bitcoin for being payments through their website and […]
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Fan tokens draw new users to crypto with the latest club addition, AS Roma

Blockchain is stepping further into the sports arena, as cryptocurrency company Socios partners with soccer team AS Roma to offer a fan token, according to a statement from the club.  The token will find its way to fans through the Socios app. There, it'll be tradeable against the Socios native token, $CHZ, currently listed on BitMax and KuCoin, as well as Binance DEX - Binance's decentralized exchange. The tokens are accessed on Socios.com, but housed on a separate permissioned side chain, where each club becomes a Node with Proof Of Authority (POA) from $CHZ. In order to access the club token through a Fan Token Offering, fans must first hold $CHZ. The move could open crypto to a wider user base, since the tokens allow fans to have a voice in their club. The tokens five supporters the right to vote on certain club decisions. They'll be set at a price of two euros, but fans can also earn them by interacting with AS Roma on the Socios app. Fans can also "hunt" tokens for free through the app's augmented-reality geo-location feature Token Hunt. However, AS Roma isn't the only club interacting with fans through crypto. Indeed, clubs from different leagues including Paris Saint-Germain, Juventus and West Ham United have all created fan tokens for supporters. Alexandre Dreyfus, chief executive & founder of Socios.com, said AS Roma's fan base along with other participating clubs draw hundreds of millions of users.
The Block Crypto

What does it take to be part of the next wave of Bitcoin Billionaires? Tim Draper answers

As crypto ecosystem consistently redefines its new peak in terms of adoption, fiat investors and new players are seeking opportunities to be a part of the next wave of Bitcoin Billionaires. One of the early birds, Tim Draper leads this space in terms of making sizable investments and returns in Bitcoin. Having complete faith in Bitcoin’s […] The post What does it take to be part of the next wave of Bitcoin Billionaires? Tim Draper answers appeared first on AMBCrypto.
AMBCrypto

Bitcoin Law Review - Blockstack's Reg A+, CFTC vs Bitmex, Gov't vs Libra/Crypto

https://ToneVays.com by @ToneVays https://twitter.com/ToneVays Topic 1: Reg A+ & Blockstack https://www.sec.gov/Archives/edgar/data/1719379/000110465919020748/a18-15736_1ex1a15addexhbd6.htm https://www.theblockcrypto.com/2019/07/12/blockstack-garners-reg-a-approval-but-that-doesnt-mean-crypto-icos-will-boom/ Leads into Topic 1a on Broker-Dealers & Custody https://twitter.com/philipliu/status/1149907881061302272?s=12 https://www.sec.gov/news/public-statement/joint-staff-statement-broker-dealer-custody-digital-asset-securities https://bitcoinmagazine.com/articles/op-ed-latest-finra-sec-security-token-custody-rules Topic 2: Government vs Libra/Crypto https://twitter.com/realDonaldTrump/status/1149472282584072192?s=09 https://www.cnbc.com/2019/07/18/first-on-cnbc-cnbc-transcript-treasury-secretary-steven-mnuchin-speaks-with-cnbcs-squawk-box-today.html https://www.cnbc.com/2019/07/18/mnuchin-says-us-will-ensure-bitcoin-doesnt-become-like-anonymous.html https://www.cnbc.com/2019/07/18/first-on-cnbc-cnbc-transcript-treasury-secretary-steven-mnuchin-speaks-with-cnbcs-squawk-box-today.html https://brianoflondon.me/2019/07/facebook-lied-about-the-cryptocurrency-industry-to-destroy-it/ https://www.youtube.com/watch?v=9-ZTkCNW0w8 https://www.cnbc.com/2019/07/16/i-like-bitcoin-says-house-gop-leader-mccarthy-hits-facebook-libra.html Topic 3: Crypto Exchanges https://www.bloomberg.com/news/articles/2019-07-19/u-s-regulator-probing-crypto-exchange-bitmex-over-client-trades https://twitter.com/notsofast/status/1151864421414838274?s=21 https://www.coindesk.com/ex-ceo-of-crypto-exchange-wex-arrested-in-italy https://www.coindesk.com/mt-gox-founder-hit-with-lawsuit-over-alleged-fraudulent-misrepresentation https://www.scribd.com/document/414569311/Steinmetz-Jones-v-s-McCaleb#from_embed https://www.thedailybeast.com/behind-the-biggest-bitcoin-heist-in-history-inside-the-implosion-of-mt-gox?ref=scroll Topic 3a - Update on Bitfinex vs NYAG https://ambcrypto.com/new-york-ags-court-filings-written-in-bad-faith-and-riddled-with-false-assertions-says-bitfinexs-rebuttal/ https://www.coindesk.com/bitfinex-ny-prosecutors-tether-850-million-allege https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=vIexA1b0spKOnK_PLUS_ZUGTJ3A==&system=prod https://breakermag.com/crypto-capital-is-the-common-thread-between-bitfinex-quadrigacx-and-other-troubled-exchanges/ https://decrypt.co/6824/crypto-capital-follow-up-article Topic 4: Crypto & Taxes (Time Permitting) https://www.carltonfields.com/insights/publications/2019/how-state-remote-sales-and-use-tax-statutes-may-im https://twitter.com/cryptotaxgirl/status/1148370522775797760?s=21 Topic 5: Other - Time Permitting https://www.journalofaccountancy.com/news/2019/jun/virtual-currency-not-fbar-reportable-201921479.html https://www.justice.gov/usao-sdny/pr/us-attorney-announces-arrest-and-money-laundering-charges-against-dark-web-narcotics https://cryptoslate.com/chinese-court-upholds-legal-bitcoin-ownership-btc-protected-china-property-law/ Closing Moment of Zen: https://twitter.com/Horsebox_1/status/1117955111219867648 Honorable Mention: https://www.sec.gov/corpfin/framework-investment-contract-analysis-digital-assets Please Support via Affiliate Codes: Unlimited Trading for $9 a Month at LVL: https://lvl.co/?r=kDpHhBmS Deribit to save 10% on Trading: https://www.deribit.com/reg-3221.4686 Buy/Sell Bitcoin at Paxful: https://paxful.com/?r=or4dNEDBBQX Trading View: http://tradingview.go2cloud.org/aff_c?offer_id=2&aff_id=4905&url_id=3 TorGuard VPN 50% off code & link = tone50: https://torguard.net/aff.php?aff=3782 Ugly's Lifetime Subscription: https://uglyoldgoat.com/?rid=4xyuzu Audio Podcast: https://itunes.apple.com/us/podcast/the-tone-vays-podcast/id1390209454?mt=2 See Regulation overview in each state here: https://www.carltonfields.com/state-regulations-on-virtual-currency-and-blockchain-technologies/ Tone Vays is available for Corporate Consulting at the rate of 0.3 btc per hour. Please email Tone@protonmail.ch for additional info.
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