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BTC $70,167.14 +4.48%
ETH $2,047.70 +3.41%
BNB $644.84 +3.43%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $449.09 -0.19%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

donations

The AB Charity Foundation has added another 5 million, bringing the total donations to 15 million Hong Kong dollars, in line with the Hong Kong General Association for the Promotion of Peaceful Reunification of China to practice the "Lion Rock Spirit."

On the afternoon of November 26, 2025, a level five fire broke out in Hong Fu Court, Tai Po, New Territories, Hong Kong, resulting in significant casualties and property losses. This severe disaster has touched the hearts of the entire Hong Kong community and even the global Chinese society, prompting urgent actions from all sectors, including donations, supplies, and volunteer services to support the affected residents.In this context, on November 28, 2025, the AB Charity Foundation donated 10 million Hong Kong dollars, followed by an additional 2 million Hong Kong dollars on December 1, totaling 12 million Hong Kong dollars donated through the Hong Kong General Association for the Promotion of Peaceful Reunification of China.On December 2, the AB Charity Foundation further added a donation of 3 million Hong Kong dollars. To date, the AB Charity Foundation has donated a total of 15 million Hong Kong dollars for projects related to the Tai Po Hong Fu Court fire through the Hong Kong General Association for the Promotion of Peaceful Reunification of China, hoping that with the joint efforts of the Hong Kong SAR government and all sectors of society, the affected residents can quickly return to normal life, continuing the spirit of "Lion Rock" which represents mutual support and solidarity.The AB Charity Foundation stated that it will continue to donate based on actual circumstances.The AB Charity Foundation is an independent international non-governmental organization registered in Ireland and enjoys legal entity status in the European Union. Its technical and financial support comes from AB DAO. The foundation is committed to utilizing cutting-edge technologies such as blockchain and artificial intelligence to build a transparent, trustworthy, and traceable public welfare infrastructure, thereby promoting the sustainable development of public undertakings in education, healthcare, environment, and humanitarian assistance.

Seoul National University in South Korea receives Bitcoin donations for the first time

According to South Korean media reports, a 78-year-old individual investor, Kim Geo-seok, recently donated 1 Bitcoin (approximately 157 million Korean won) to Seoul National University College of Medicine, marking the first time the hospital has received a donation in the form of digital assets.Mr. Kim is an investor highly focused on future technology investment areas such as digital assets, artificial intelligence (AI), and quantum computing. In August of this year, he donated 1 Bitcoin each to the Korean Red Cross and the Seoul City Social Welfare Joint Fundraising Association. Notably, the donation to the Red Cross is also the first case of a large personal digital asset donation since the Financial Services Commission of Korea allowed non-profit organizations to cash out cryptocurrency donations in February of this year.It is reported that Mr. Kim had previously donated 800 million won to the hospital development fund and 100 million won to the low-income patient assistance fund at Seoul National University Hospital. With this Bitcoin donation, his total donations have exceeded 1 billion won.Seoul National University Hospital stated that it will take this opportunity to improve internal processes to stabilize the acceptance of digital asset donations and plans to widely use the related donations in areas such as education, research, medical care, and public health.
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