{"id":298901,"date":"2023-02-14T19:27:03","date_gmt":"2023-02-14T19:27:03","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=298901"},"modified":"2023-02-14T19:28:55","modified_gmt":"2023-02-14T19:28:55","slug":"crypto-aids-for-turkey-exceed-4-5m-in-one-week","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/crypto-aids-for-turkey-exceed-4-5m-in-one-week\/","title":{"rendered":"Crypto aid for Turkey exceeds $4.5M in one week"},"content":{"rendered":"<p>The crypto community donated over $4.5 million in seven days to help Turkey with disaster relief.<\/p>\n<p>Three wallets were created to collect donations on Feb. 7. Total amount donated sits at slightly over $4.5 million at the time of writing.<\/p>\n<h2>Donations<\/h2>\n<p>Avalanche (<a href=\"https:\/\/cryptoslate.com\/coins\/avalanche\/\">AVAX<\/a>), which Turkish professor <a href=\"https:\/\/cryptoslate.com\/people\/emin-gun-sirer\/\">Emin G\u00fcn Sirer<\/a> founded, donated $1 million, while Waves (<a href=\"https:\/\/cryptoslate.com\/coins\/waves\/\">WAVES<\/a>) founder <a href=\"https:\/\/twitter.com\/sasha35625\">Sasha.waves<\/a> donated $50,000 on the first day.<\/p>\n<p>Crypto exchange platforms operating in the region Icrypex, Bitget Turkey, Bitci, MexC Turkey, <a href=\"https:\/\/cryptoslate.com\/companies\/bitfinex\/\">Bitfinex<\/a> Turkey, <a href=\"https:\/\/cryptoslate.com\/companies\/okx\/\">OKX<\/a>, and Gate.io collectively donated $371,499, which equates to 7 million Turkish Lira.<\/p>\n<p>Turkish and global crypto influencers and many others also contributed thousands of dollars in crypto to help with disaster relief in the region.<\/p>\n<h2>Background<\/h2>\n<p>After three significant earthquakes struck Turkey, a Turkish singer <a href=\"https:\/\/twitter.com\/haluklevent\">Haluk Levent<\/a> persuaded the country's financial watchdog (<a href=\"https:\/\/en.hmb.gov.tr\/fcib-presentation\">MASAK<\/a>) to <a href=\"https:\/\/cryptoslate.com\/turkish-watchdog-stretches-rules-and-allows-crypto-wallets-to-collect-aid\/\">allow<\/a> collecting crypto donations, which is currently illegal in the country.<\/p>\n<p>MASAK allowed three crypto wallets to collect donations for a week. Wallets belong to Levent, who publishes all significant contributions and expenses on his Twitter account.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The crypto community donated over $4.5 million in seven days to help Turkey with disaster relief. Three wallets were created to collect donations on Feb. 7. Total amount donated sits at slightly over $4.5 million at the time of writing. Donations Avalanche (AVAX), which Turkish professor Emin G\u00fcn Sirer founded, donated $1 million, while Waves [&hellip;]<\/p>\n","protected":false},"author":1262,"featured_media":298926,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto aid for Turkey exceeds $4.5M in one week<\/title>\n<meta name=\"description\" content=\"Turkish financial watchdog stretched rules to allow crypto donations to help with disaster relief on Feb. 7.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/crypto-aids-for-turkey-exceed-4-5m-in-one-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto aid for Turkey exceeds $4.5M in one week\" \/>\n<meta property=\"og:description\" content=\"Turkish financial watchdog stretched rules to allow crypto donations to help with disaster relief on Feb. 7.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/crypto-aids-for-turkey-exceed-4-5m-in-one-week\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-14T19:27:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-14T19:28:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/02\/turkey-crypto-aid.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Zeynep Geylan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zeynep Geylan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/crypto-aids-for-turkey-exceed-4-5m-in-one-week\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/crypto-aids-for-turkey-exceed-4-5m-in-one-week\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#person\",\"name\":\"Zeynep Geylan\",\"url\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"caption\":\"Zeynep Geylan\"},\"jobTitle\":\"Journalist\",\"description\":\"Zeynep is an academic who turned to crypto in 2018. 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