Helping Hong Kong through the disaster! HashKey, Binance, KuCoin, OKX, Huobi, and several other crypto institutions have donated tens of millions of Hong Kong dollars (the list is continuously updated)

Author: Zhou, ChainCatcher

On the afternoon of November 26, a level five fire broke out in Hong Kong's Tai Po Wang Fuk Court, quickly spiraling out of control, becoming one of the most severe fire incidents in Hong Kong in recent years. As of the time of writing, it has resulted in at least 75 fatalities and hundreds of injuries, with the scene being heart-wrenching.

Within hours of the disaster news, the cryptocurrency industry sprang into action at an astonishing speed. Multiple exchanges, institutions, and practitioners took the lead, expressing their commitment and responsibility towards Hong Kong through actual donations.

November 28 Update:

According to official news, MEXC Foundation will donate 5 million HKD to Hong Kong to support the rescue and reconstruction efforts following the Tai Po fire, assisting affected residents in overcoming difficulties and rebuilding their homes.

Bitget will donate a total of 12 million HKD to Hong Kong to support emergency rescue, assistance for affected families, and various post-disaster reconstruction efforts. The donations will be handled and executed by three credible local charitable organizations.

OKX announced a donation of 10 million HKD to support local emergency rescue and post-disaster recovery efforts.

Huobi HTX and TRON jointly announced the emergency launch of a charitable assistance mechanism, donating 10 million HKD to Hong Kong for frontline rescue, temporary housing for affected residents, and basic living supplies.

Matrixport Group donated 3 million HKD through its Hong Kong branch to relevant rescue organizations. This donation was made jointly by the group and its employees and will be specifically used for post-disaster rescue and reconstruction efforts.

According to official news, Gate has urgently established a 10 million HKD assistance fund specifically for supporting the living assistance and subsequent community reconstruction efforts for residents affected by the Tai Po fire, which will be disbursed in phases based on actual needs.

ViaBTC announced a donation of 3 million HKD to the relevant departments of the Hong Kong SAR government to support rescue and community reconstruction efforts following the Tai Po Wang Fuk Court fire, helping affected residents return to normal life as soon as possible.

Ju.com donated 2 million HKD to Hong Kong to support affected families, frontline rescuers, and community reconstruction efforts.

November 27:

HashKey Group announced an emergency donation of 10 million HKD to support emergency assistance and the placement of affected residents following the Tai Po fire. HashKey Group expressed its highest respect for the rescuers working on the front lines and will continue to monitor the situation, fully assisting affected compatriots in overcoming difficulties and praying for their safety.

According to Binance's official announcement, Binance will donate 10 million HKD to the disaster area of Tai Po Wang Fuk Court in Hong Kong to support rescue and resident reconstruction efforts. Binance stated that it will implement the donation through relevant channels and extend condolences to the affected residents.

KuCoin donated 2 million HKD through the Colleagues Fund to support assistance projects for firefighters and their families (including children) related to the Hong Kong Fire Services Department, as well as related support work following the Tai Po fire. KuCoin expressed its highest respect for the firefighters and rescuers working on the front lines and conveyed deep concern for the affected residents.

In addition, the local Hong Kong Web3 investment institution Avenir Group announced a donation of 10 million HKD through its Avenir Foundation for emergency rescue, temporary housing for affected residents, and subsequent community recovery efforts following the Tai Po Wang Fuk Court fire.

Industry leaders such as BitMart founder Sheldon, Nano Labs founder Jack Kong, and ME Group CEO Jessica Young jointly donated the equivalent of 1 million HKD in cryptocurrency for emergency rescue and assistance for affected families.

Meanwhile, Hong Kong Web3 company Animoca Brands, together with its Mocaverse and TOWER Ecosystem Fund, quickly launched an on-chain donation pool, accepting donations from EVM chains and Solana chains. All funds will be converted to HKD 100% and transferred to the Hong Kong Red Cross for post-fire relief and long-term support for affected families. So far, this donation pool has received hundreds of donations from the global crypto community, fully demonstrating the efficiency and warmth of the Web3 industry.

MicroBit (Xiao Fei Asset Management Co., Ltd.) also announced a donation of 100,000 USD (approximately 780,000 HKD) to the Hong Kong Youth Student Power Fund, specifically to support the youth and their families affected by the fire.

A ruthless fire has burned the hearts of all Hong Kong citizens, but it has also ignited the cryptocurrency industry's most fervent sense of responsibility and love for this land.

From traditional donations to transparent on-chain assistance, the crypto industry is standing together with Hong Kong compatriots at the fastest speed and with the most sincere attitude.

Hong Kong, keep going!

We are with you.