Oprah, The Rock's Relief Fund For Maui Wildfire Victims Accepts Bitcoin And Ether

Zinger Key Points
  • The Maui relief initiative by Oprah and The Rock now welcomes cryptocurrency donations.
  • Wildfires in August 2023 devastated over 2,500 acres in Maui, causing significant losses.

The crypto community is rallying behind the Maui community, with a relief fund endorsed by A-list celebrities Oprah Winfrey and Dwayne “The Rock” Johnson now accepting cryptocurrency donations.

In early August 2023, Maui witnessed devastating wildfires that consumed over 2,500 acres, leading to significant property and personal losses.

To aid the victims, Oprah and Johnson initiated the People’s Fund of Maui.

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Interestingly, cryptocurrency donations for various causes will be a highlight at Benzinga's Future of Digital Assets conference, emphasizing the growing importance and acceptance of digital assets in mainstream philanthropy.

Johnson, who previously worked with the nonprofit Malama Kauai in 2018 to help repair flood damage, assured that every cent of the donations would be directed to the victims.

“Every adult resident who lives in the affected area and was displaced by the wildfires in Lahaina and Kula is eligible to receive $1200 per month to help them through this period of recovery," the former WWE WWE star said.

The fund is open to donations in various fiat currencies and cryptocurrencies, including Bitcoin BTC/USD, Ether ETH/USD, and Dogecoin DOGE/USD.

Oprah elaborated on the decision to give the donations directly to the survivors, allowing them autonomy in their recovery process.

She mentioned, “People being able to have their own agency, being able to make decisions for themselves — about what they need and what their family needs — that is our goal.”

All Hands and Hearts, a disaster relief organization, is also pooling both cryptocurrency and fiat donations to support the Maui residents affected by the fires.

Olga Ruggiero, from All Hands and Hearts, commented on the significance of such donations, saying, “Cryptocurrency donations as any other type of donations are helping to provide essential support after the devastating wildfires. The crypto industry continues to band together with communities around the world in need.”

Read Next: SEC Delays Bitcoin ETF Approvals Yet Again, Cites Commitment To Safeguard Investors

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Image: Shutterstock, Pixabay

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Posted In: CryptocurrencyNewsTop StoriesMarketsCryptocurrency donationsDisaster relief organizationDwayne JohnsonKula wildfireLahaina wildfireMaui relief fundMaui WildfiresOlga RuggieroOprah WinfreyThe Rock
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